Tax Reform Act of 2013 Discussion Draft

On March 12, 2013, the U.S. House of Representatives Committee on Ways and Means issued a discussion draft of provisions to reform the taxation of small businesses.

The Tax Reform Act of 2013, Section 212, proposes limitations on the use of the cash method of accounting for farmers with gross receipts of more than $10 million.

Read the Tax Reform Act of 2013 Discussion Draft