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Get the free AICPA Comments on IRS Virtual Currency Guidance. The AICPA submits our comments on R...

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February 28, 2020The Honorable Charles P. Rettig Commissioner Internal Revenue Service 1111 Constitution Avenue, NW Washington, DC 20224The Honorable Michael J. Desmond Chief Counsel Internal Revenue
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AICPA comments on IRS refer to the feedback and suggestions provided by the American Institute of Certified Public Accountants to the Internal Revenue Service regarding tax regulations, policy proposals, and various IRS practices aimed at improving tax compliance and administration.
While there is no specific requirement for individuals or entities to file AICPA comments on IRS, members of the AICPA and other tax professionals may submit comments to represent the interests and concerns of the accounting and tax community.
To submit AICPA comments on IRS matters, individuals should draft their comments addressing specific issues, provide relevant regulatory references, and submit them through the AICPA's designated channels or directly to the IRS, ensuring adherence to any submission guidelines.
The purpose of AICPA comments on IRS is to provide constructive feedback and recommendations to the IRS on proposed regulations, guidance, and policies, with the ultimate goal of enhancing tax compliance and ensuring that IRS practices effectively serve the public and tax professionals.
AICPA comments on IRS should generally include the issue being addressed, background information, specific recommendations, relevant tax law citations, and any supporting data or examples that illustrate the points being made.
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