Sunday, May 5, 2013

AICPA Asks IRS for Clearer Cancellation of Debt Information Reporting Rules

The CPA Advocate: April, 2013. The IRS should change its Form 1099-C filing requirements so that the form is issued only in the year the debt is legally discharged, the AICPA said.

Source: http://feedproxy.google.com/~r/AICPA_Advocacy/~3/0CKDC-CGZm8/AICPAAsksIRSforClearerCancellationofDebtInformationReportingRules.aspx

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