On June 19, 2018 NAR sent a letter to David J. Kautter, Acting Commissioner and William M. Paul, Principal Deputy Chief Counsel and Deputy Chief Counsel at the Internal Revenue Service. The letter comments on Section 199A of the Internal Revenue Code of 1986, as amended and added by Public Law 115-97, commonly referred to as the Tax Cuts and Jobs Act of 2017. The comments in the letter aim to assist in the Agency's current efforts to draft proposed regulations that reflect congressional intent for a meaningful and robust tax reduction for individual entrepreneurs and other businesses organized as pass-through entities.
NAR Comment Letter to the IRS Regarding Section 199A
Issue Date: June 19, 2018
On June 19, 2018 NAR sent a letter to David J. Kautter, Acting Commissioner and William M. Paul, Principal Deputy Chief Counsel and Deputy Chief Counsel at the Internal Revenue Service. The letter comments on Section 199A of the Internal Revenue Code of 1986, as amended and added by Public Law 115-97, commonly referred to as the Tax Cuts and Jobs Act of 2017. The comments in the letter aim to assist in the Agency's current efforts to draft proposed regulations that reflect congressional intent for a meaningful and robust tax reduction for individual entrepreneurs and other businesses organized as pass-through entities.
Download the Letter