article thumbnail

State CPA Societies in Action: Alabama Society of CPAs

CPA Practice

The Alabama Society of CPAs was formed in 1919 and adopted its recent bylaws on June 25, 1975, with the last revision completed on March 1, 2018. The Alabama Society of CPAs like many other societies, has been impacted by the Covid-19 pandemic. The ASCPA also has an educational foundation.

Alabama 111
article thumbnail

New Alabama Legislation to Exempt Federal COVID Benefits from Alabama Income Tax

Dent Moses

Yesterday, Alabama House Bill 231 and Alabama Senate Bill 152 were forwarded to Governor Kay Ivey for signature. The Alabama Society of Certified Public Accountants recently sent out the following guide which addresses many frequently asked questions. Which Alabama taxpayers does this new legislation impact?

Alabama 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How the Accounting Community is Rallying Around Victims of Hurricane Helene

CPA Practice

The tax relief is for all individuals and businesses in the entire states of Alabama, Georgia, North Carolina, and South Carolina, and parts of Florida, Tennessee, and Virginia. 1, told INSIDE Public Accounting. “Our 1, told INSIDE Public Accounting. The IRS is offering relief to any area designated by FEMA.

article thumbnail

New National Research on CPA Pipeline Challenges Underway

CPA Practice

The Illinois CPA Society (ICPAS), in partnership with the Center for Accounting Transformation (the Center) and a coalition of other stakeholders, is launching a new, national survey to gain fresh insight into what’s driving the decline in individuals pursuing the certified public accountant (CPA) credential.

CPA 119
article thumbnail

State CPA Society News & Updates – Aug. 2024

CPA Practice

The Tennessee Society of Certified Public Accountants (TSCPA) honored its top members in six different categories at its 93rd Annual Meeting and Convention held in Kingsport, Tennessee, on June 11-13, 2024. The Forum will be in-person and broadcast live.

CPA 111
article thumbnail

AICPA Forms Advisory Group to Create Strategy to Address CPA Talent Shortage

CPA Practice

“The slowdown in young adults choosing accounting as a career is a collective problem for the CPA profession and requires a collective and inclusive solution,” said Susan Coffey, the AICPA’s CEO of public accounting and executive sponsor of the initiative. “We

CPA 98
article thumbnail

Monday Morning Accounting News Brief: Tax Fees Up, Coolness Still Down; | ‘Lavish’ ERC Mill Hit With a Lawsuit | 1.8.24

Going Concern

The AICPA looked at several key performance indicators of public accounting firms. Our data shows accounting practices taking steps to improve entry-level pay and firm culture, with some firms, for example, reducing chargeable billing hours for their staffs,” stated Lisa Simpson, AICPA & CIMA’s vice president of firm services.

Tax 105