TXCPA Continues Advocacy on PTET Issues

TXCPA, AICPA and 52 other CPA societies sent a letter to the Senate Committee on Finance on June 6 urging the retention of the ability for all pass-through entities to deduct state and local taxes at the entity level.

Capitol building with cloudy sky
TXCPA, AICPA and 52 other CPA societies sent a letter to the Senate Committee on Finance on June 6 urging the retention of the ability for all pass-through entities to deduct state and local taxes at the entity level.

Topics:

You May be Interested in

  • TXCPA Continues Advocacy on PTET Issues
    TXCPA, AICPA and 52 other CPA societies sent a letter to the Senate Committee on Finance on June 6 urging the retention of the ability for all pass-through entities to deduct state and local taxes at the entity level.
  • Time Sensitive Communication with the IRS
    The TXCPA Federal Tax Policy Committee expressed concern to the IRS about delays in the processing of time-sensitive taxpayer correspondence, often due to both postal service slowdowns and inefficiencies within the IRS.
  • Pass-through Entity Tax
    Proposed federal tax legislation could significantly raise taxes on millions of small and mid-sized businesses by eliminating the deductibility of Pass-through Entity Taxes (PTET).

Support the Next Generation

Donate to TXCPA scholarships and help aspiring accountants achieve their goals.