“The effect of numerous legislative changes overloading tax busy season compels us to speak up now,” said AICPA Vice President of Taxation, Edward Karl. “We understand that there are some challenges associated with extending the payment and filing deadlines. However, time is a critical factor. Taxpayers and tax professionals need this postponement, and they need to have certainty about the filing date now.”
the House Ways and Means Committee congressional testimony last month on Wednesday