AICPA Comments On Uncertain Tax Position Reporting
Jun. 3, 2010
The AICPA sent a comment letter to the Internal Revenue Service on Tuesday, urging the agency to withdraw its recent proposal to require some business taxpayers to report uncertain tax positions on their tax returns. While the AICPA supports the IRS objective of increasing the certainty, consistency and efficiency of the tax compliance process, it has numerous concerns about the scope and details of the proposal.
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