AICPA - American Institute of Certified Public Accountants

01/15/2025 | Press release | Distributed by Public on 01/16/2025 12:13

AICPA Corporate Alternative Minimum Tax (CAMT) Comment Letter

The AICPA sent a letter to both the IRS and Treasury which included comments and recommendations providing additional information regarding CAMT guidance provided in the proposed regulations. These most recent comments follow previously submitted letters to Congress in 2021 and 2022 requesting immediate guidance on the CAMT rules.