CPAs Head to Washington

Executive CPA leaders from 81 of the top 100 accounting firms in the U.S. visited Capitol Hill to discuss some of the key legislative issues confronting the accounting profession.

The American Institute of CPAs led the delegation. Members of the AICPA's Major Firms Group, who come from all 50 states, are meeting at a forum in the capital this week.

"International, national and regional accounting firms outside of the Big Four have grown very significantly in recent years," said AICPA president and CEO Barry Melancon (pictured) in a statement. "We think it's important for Congress to understand their role in our capital markets and hear about the issues that are of concern to this group."

This is the first time the Major Firms Group has visited Congress to meet with lawmakers. Leaders of the firms will be holding more than 70 meetings with House and Senate members. Legislative issues they will be discussing include equalizing the IRS's tax preparer and taxpayer standards, banning tax strategy patents and promoting uniform interstate income tax requirements.

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