AICPA - American Institute of Certified Public Accountants

05/01/2026 | Press release | Distributed by Public on 05/01/2026 14:56

AICPA Comment Letter on Section 4960 Transition Relief

The AICPA's comment letter to Treasury and the IRS requests guidance addressing transition relief for fiscal year filers, extension of the limited hours exception, the nonexempt funds exception and the limited services exception, and provide a regulatory exception for unpaid public volunteers from being treated as "covered employees".

AICPA - American Institute of Certified Public Accountants published this content on May 01, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 01, 2026 at 20:56 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]