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AICPA Letter Requests Guidance for Itemized Deductions and Trump Accounts
February 27, 2026
NEW YORK, Feb. 27 -- The American Institute of CPAs issued the following news release:

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AICPA Letter Requests Guidance for Itemized Deductions and Trump Accounts

The American Institute of CPAs (AICPA) has requested guidance from the Department of the Treasury and the Internal Revenue Service (IRS) on how individuals, estates and trusts should report income taxes under the newly enacted H.R. 1 (One Big Beautiful Bill Act). The letter (https://www.aicpa- . . .

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