Responsible for development and communication of advocacy positions for national trade association that represents over 370,000+ CPAs. Serves as a principal liaison with the Internal Revenue Service. Manages the AICPA’s tax standards, the Statements on Standards for Tax Services, to ensure that CPAs are held to the highest standards possible.
The AICPA welcomes the IRS’ action to lower the threshold to 80 percent as we believe many taxpayers inadvertently underpaid. Our members have continued to tell us that an 85 percent threshold was not sufficient, as many taxpayers continue to struggle with the uncertainty and changes created by the Tax Cuts and Jobs Act (TCJA).