VSCPA Sends Letters to House and Senate Finance Committee Members Regarding Tax Conformity

The Virginia Society of CPAs (VSCPA) recently sent letters to all members of the House and Senate Finance Committees in support of HB 614 and SB 545 to conform the Commonwealth’s tax code to that of the Internal Revenue Code.

The VSCPA also urged legislators to quickly address this legislation to minimize the negative impact any delay might have on taxpayers and tax preparers. HB 614 and SB 545 seek to bring Virginia closer to conformity by moving the fixed date forward from December 31, 2008, to December 31, 2009.

Visit the 2010 Session Watch page for more details on the VSCPA's legislative activities.

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