The
“We understand the need for moving this process forward quickly, however this deadline falls just three days before the filing deadline for partnership, individual, estate and trust tax returns covering calendar year 2015,” Troy Lewis, chairman of the AICPA Tax Executive Committee, wrote in the March 11
The AICPA letter also goes on to note the Institute’s appreciation that the IRS is “reaching out early in the process of developing the necessary regulations, forms and procedures to properly implement these new rules.”
For the full letter, head to the AICPA's