The House Ways and Means Committee has issued a small-business tax reform discussion draft that, in the name of simplifying the tax code, would use the accrual method to accelerate revenue collection from CPA firms and other small businesses. The AICPA strongly opposes this proposed limitation on the use of the cash basis method, as it would force all business owners, except sole proprietorships, to pay taxes before collecting payment from customers and clients if the business exceeds $10 million in average gross receipts. This is unfair, the AICPA believes, because it treats these people different from other individual taxpayers.

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