WASHINGTON--(BUSINESS WIRE)--Troy K. Lewis, chair of the American Institute of CPAs’ Tax Executive Committee, will testify on Tuesday, November 18, at a hearing titled, Tax Relief after a Disaster: How Individuals, Small Businesses, and Communities Recover, which will be held by the Senate Finance Subcommittee on Taxation and IRS Oversight.
Lewis will urge Congress to pass permanent tax disaster assistance legislation, which would be automatically triggered by a declaration of a federal disaster, so that taxpayers would be fairly treated and have prompt access to relief.
The hearing is scheduled for 2:30 p.m. in Room 215 of the Dirksen Senate Office Building at First and C Streets, N.E., in Washington, D.C.
The AICPA’s testimony will be available on November 18 from Shirley Twillman at firstname.lastname@example.org.
About the AICPA
The American Institute of CPAs (AICPA) is the world’s largest member association representing the accounting profession, with more than 400,000 members in 145 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting.
The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, and offers specialty credentials for CPAs who concentrate on personal financial planning; forensic accounting; business valuation; and information management and technology assurance. Through a joint venture with the Chartered Institute of Management Accountants (CIMA), it has established the Chartered Global Management Accountant (CGMA) designation which sets a new standard for global recognition of management accounting.
The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.
Media representatives are invited to visit the AICPA Press Center at aicpa.org/press.