Thursday, July 18, 2013

AICPA Recommends Changes to Proposed Net Investment Income Tax Rules

The CPA Advocate: July, 2013. In a letter to the IRS, the AICPA detailed recommendations to make the new 3.8 percent tax on net investment income more workable, including a simplified method for calculating the tax and a safe harbor to reduce taxpayers? compliance burdens.

Source: http://feedproxy.google.com/~r/AICPA_Advocacy/~3/gTZvkZ5_ong/AICPARecommendsChangestoProposedNetInvestmentIncomeTaxRules.aspx

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