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AICPA Asks Congress to Provide Full Deduction for Administering Estates and Trusts

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The American Institute of CPAs has written a letter to the leaders of the House Ways and Means Committee and the Senate Finance Committee asking them to amend the Tax Code to allow estates and nongrantor trusts to fully deduct the cost of complying with the fiduciary duties of administering estates and trusts.

Patricia Thompson

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