ABA urges Congress to apply pass-through tax reductions to professional service businesses on nondiscriminatory basis
American Bar Association President Hilarie Bass sent a letter today to House and Senate conferees for H.R. 1, the “Tax Cuts and Jobs Act,” urging them to adopt the Senate’s version of “pass-through” business tax relief.
The ABA’s letter also urged the conferees to apply the tax relief to all pass-through entities — including law firms and all other types of professional service businesses — on an equal and nondiscriminatory basis.
The full letter can be found here.
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