Last fall, TSCPA joined AICPA and other state societies in a comprehensive call-to-action plan to key federal decision makers to act and co-sponsor the Patentability of Tax Planning Methods Act (H.R. 2584). If passed, H.R. 2584 would amend the current federal patent law and limit the ability to patent a tax planning method.
Congressman Michael Burgess (R-TX) received the letter and recently addressed the issue, and provided a status on the legislation. The Senate has a broader comprehensive patent bill (S. 515) that we continue to watch as well.Download From Congressman Burgess