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                        <id>https://alabama.cpa/news/feed</id>
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                                <title><![CDATA[News]]></title>
                    
                                <subtitle></subtitle>
                                                    <updated>2026-05-08T13:04:07-05:00</updated>
                        <entry>
            <title><![CDATA[National Small Business Week: Tools for business owners and entrepreneurs]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7919102-national-small-business-week-tools-for-business-owners-and-entrepreneurs-2026-05-07" />
            <id>https://alabama.cpa/news/7919102-national-small-business-week-tools-for-business-owners-and-entrepreneurs-2026-05-07</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[Being a small business owner or entrepreneur can be a heavy lift sometimes. Fortunately, there’re several tools and resources that can help them manage their tax responsibilities…]]>
            </summary>
                                    <updated>2026-05-08T13:04:07-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[New Alabama Tax Tribunal of Interest]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7721658-jdla-2026-04-21" />
            <id>https://alabama.cpa/news/7721658-jdla-2026-04-21</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[This appeal involves the entry by the Alabama Department of Revenue of afinal assessment of income tax for the year 2024. The Tribunal held a hearing onApril 21, 2026, at 10:00 A.M. The Department was…]]>
            </summary>
                                    <updated>2026-04-27T14:45:00-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Risk Alert: Professional Liability Issues Related to Change in USPS Postmarks]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7684366-risk-alert-professional-liability-issues-related-to-change-in-usps-postmarks-2026-03-06" />
            <id>https://alabama.cpa/news/7684366-risk-alert-professional-liability-issues-related-to-change-in-usps-postmarks-2026-03-06</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[Recent USPS regulations clarified that mail dropped at a local post office or placed in a collection box may not receive a postmark until it reaches a regional processing center — often a day or…]]>
            </summary>
                                    <updated>2026-03-09T15:11:31-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[U.S. Tariffs Will Remain Part of the Global Business Landscape]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7684038-us-tariffs-will-remain-part-of-the-global-business-landscape-2026-02-27" />
            <id>https://alabama.cpa/news/7684038-us-tariffs-will-remain-part-of-the-global-business-landscape-2026-02-27</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[The Supreme Court’s decision on 2/20/2026 related to tariffs only affects one tool (IEEPA) of the Trump Administration’s key policy to utilize tariffs as a means to shape global trade and foreign…]]>
            </summary>
                                    <updated>2026-03-03T10:37:36-06:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Alabama leads new surge in state CPA licensing reforms]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7679055-alabama-leads-new-surge-in-state-cpa-licensing-reforms-2026-01-26" />
            <id>https://alabama.cpa/news/7679055-alabama-leads-new-surge-in-state-cpa-licensing-reforms-2026-01-26</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[Lawmakers in Alabama, Vermont and Maryland are among a growing number of state legislators that have advanced CPA licensing reform this month, injecting new energy into the accounting industry push…]]>
            </summary>
                                    <updated>2026-01-27T13:21:33-06:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Alabama Mobile Workforce Legislation Goes Live]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7677037-alabama-mobile-workforce-legislation-goes-live-2026-01-12" />
            <id>https://alabama.cpa/news/7677037-alabama-mobile-workforce-legislation-goes-live-2026-01-12</id>
            <author>
                <name><![CDATA[Bruce Ely]]></name>
                <email><![CDATA[bely@bradley.com]]></email>

            </author>
            <summary type="html">
                <![CDATA[Because the remote workforce has now become a fixture of the modern economy, providing a uniform safe harbor to ease the compliance burdens on both traveling employees and their employers, when those…]]>
            </summary>
                                    <category term="Legislative Updates" />
                        <updated>2026-01-12T14:39:13-06:00</updated>
        </entry>
            <entry>
            <title><![CDATA[House passes bills on IRS penalties and Tax Court]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7672224-house-passes-bills-on-irs-penalties-and-tax-court-2025-12-03" />
            <id>https://alabama.cpa/news/7672224-house-passes-bills-on-irs-penalties-and-tax-court-2025-12-03</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[The House passed two bipartisan bills aimed at strengthening taxpayer rights on December 1 – the Fair and Accountable IRS Reviews (FAIR) Act and the Tax Court Improvement Act. The bills, which…]]>
            </summary>
                                    <updated>2025-12-08T13:39:22-06:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Treasury, IRS provide guidance for individuals who received tips or overtime during tax year 2025]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7671954-treasury-irs-provide-guidance-for-individuals-who-received-tips-or-overtime-during-tax-year-2025-2025-11-21" />
            <id>https://alabama.cpa/news/7671954-treasury-irs-provide-guidance-for-individuals-who-received-tips-or-overtime-during-tax-year-2025-2025-11-21</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[The Department of the Treasury and the Internal Revenue Service today issued guidance for workers eligible to claim the deduction for tips and for overtime compensation for tax year 2025. Notice…]]>
            </summary>
                                    <updated>2025-12-05T14:19:13-06:00</updated>
        </entry>
            <entry>
            <title><![CDATA[IR-2025-111: 401(k) limit increases to $24,500 for 2026, IRA limit increases to $7,500]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7666754-ir-2025-111-401k-limit-increases-to-24500-for-2026-ira-limit-increases-to-7500-2025-11-13" />
            <id>https://alabama.cpa/news/7666754-ir-2025-111-401k-limit-increases-to-24500-for-2026-ira-limit-increases-to-7500-2025-11-13</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[WASHINGTON — The Internal Revenue Service announced today that the amount individuals can contribute to their 401(k) plans in 2026 has increased to $24,500, up from $23,500 for 2025. The IRS today…]]>
            </summary>
                                    <updated>2025-11-13T09:34:03-06:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Alabama Society of CPAs Supports HB59:  Pathways to CPA Act]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7666784-alabama-society-of-cpas-supports-hb59-pathways-to-cpa-act-2025-11-12" />
            <id>https://alabama.cpa/news/7666784-alabama-society-of-cpas-supports-hb59-pathways-to-cpa-act-2025-11-12</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[Montgomery, AL — November 12, 2025   HB59 Support Summary The Alabama Society of Certified Public Accountants (ASCPA) proudly announces its support for HB59, the Pathways to CPA Act, pre-filed in…]]>
            </summary>
                                    <updated>2025-11-13T09:29:44-06:00</updated>
        </entry>
            <entry>
            <title><![CDATA[News Alert for Members]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7662751-news-alert-for-members-2025-11-07" />
            <id>https://alabama.cpa/news/7662751-news-alert-for-members-2025-11-07</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[News Alert for Members ALDOR has published preliminary guidance on the impact of the provisions of the One, Big, Beautiful Bill Act (OBBBA) signed by President Donald J. Trump on July 4, 2025, as…]]>
            </summary>
                                    <updated>2025-11-07T13:20:01-06:00</updated>
        </entry>
            <entry>
            <title><![CDATA[U.S. Tariffs:  The Lever to Rebalance Global Trade]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7651632-us-tariffs-the-lever-to-rebalance-global-trade-2025-10-02" />
            <id>https://alabama.cpa/news/7651632-us-tariffs-the-lever-to-rebalance-global-trade-2025-10-02</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[History is unfolding before our eyes.  We are witnessing a world-wide restructuring of global trade not seen since the end of World War II.  It is being led by the implementation of President…]]>
            </summary>
                                    <updated>2025-10-02T10:24:14-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[IRS releases government shutdown plan]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7650393-irs-releases-government-shutdown-plan-2025-09-29" />
            <id>https://alabama.cpa/news/7650393-irs-releases-government-shutdown-plan-2025-09-29</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[Yesterday the IRS released their FY 2026 Lapsed Appropriations Contingency Plan in the event of a government shutdown. Of note, all IRS employees would continue working during a shutdown, effective…]]>
            </summary>
                                    <updated>2025-10-30T00:32:36-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[NASBA Relaunches CPAMobility.org, Helping CPAs Work Seamlessly Across State Lines]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7634212-nasba-relaunches-cpamobilityorg-helping-cpas-work-seamlessly-across-state-lines-2025-09-22" />
            <id>https://alabama.cpa/news/7634212-nasba-relaunches-cpamobilityorg-helping-cpas-work-seamlessly-across-state-lines-2025-09-22</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[NASHVILLE, TENN. (Sept. 22, 2025) - The National Association of State Boards of Accountancy (NASBA) has relaunched CPAMobility.org, a modernized, online resource that helps Certified Public…]]>
            </summary>
                                    <updated>2025-09-22T14:33:02-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[CPAMobility.org Helps CPAs Work Seamlessly Across State Lines]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7656042-cpamobilityorg-helps-cpas-work-seamlessly-across-state-lines-2025-09-22" />
            <id>https://alabama.cpa/news/7656042-cpamobilityorg-helps-cpas-work-seamlessly-across-state-lines-2025-09-22</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[The National Association of State Boards of Accountancy (NASBA) has relaunched CPAMobility.org, a modernized, online resource that helps Certified Public Accountants determine where and how they can…]]>
            </summary>
                                    <updated>2025-10-16T11:00:17-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[One Big Beautiful Bill Act: Tax deductions for working Americans and seniors]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7555681-one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors-2025-07-14" />
            <id>https://alabama.cpa/news/7555681-one-big-beautiful-bill-act-tax-deductions-for-working-americans-and-seniors-2025-07-14</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[Below are descriptions of new provisions from the One Big Beautiful Bill Act, signed into law on July 4, 2025, as Public Law 119-21, that go into effect for 2025. “No Tax on Tips” New deduction:…]]>
            </summary>
                                    <updated>2025-07-16T08:50:24-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Joint Senate PTET letter: Profession Urges the Senate to Retain Ability for all PTEs to Deduct State and Local Taxes at the Entity Level]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7505697-joint-senate-ptet-letter-profession-urges-the-senate-to-retain-ability-for-all-ptes-to-deduct-state-and-local-taxes-at-the-entity-level-2025-06-06" />
            <id>https://alabama.cpa/news/7505697-joint-senate-ptet-letter-profession-urges-the-senate-to-retain-ability-for-all-ptes-to-deduct-state-and-local-taxes-at-the-entity-level-2025-06-06</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[June 6, 2025 The Honorable Mike Crapo, ChairmanSenate Committee on Finance219 Dirksen Senate Office BuildingWashington, DC 20510 The Honorable Ron Wyden, Ranking MemberSenate Committee on Finance219…]]>
            </summary>
                                    <updated>2025-06-06T10:25:53-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[AICPA Statement on Proposed Changes to Structure of the Public Company Accounting Oversight Board]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7193406-aicpa-statement-on-proposed-changes-to-structure-of-the-public-company-accounting-oversight-board-2025-04-28" />
            <id>https://alabama.cpa/news/7193406-aicpa-statement-on-proposed-changes-to-structure-of-the-public-company-accounting-oversight-board-2025-04-28</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[NEW YORK (April 28, 2025) -- The House Financial Services Committee has released draft language for a measure that would defund the Public Company Accounting Oversight Board (PCAOB) and transfer…]]>
            </summary>
                                    <updated>2025-04-29T10:47:28-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Urgent: BOI Reporting Update - FinCEN Issues Interim Final Rule]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7156085-urgent-boi-reporting-update-fincen-issues-interim-final-rule-2025-03-22" />
            <id>https://alabama.cpa/news/7156085-urgent-boi-reporting-update-fincen-issues-interim-final-rule-2025-03-22</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[FinCEN issues interim final rule removing requirement for U.S. companies and U.S. persons to report BOI.  In addition to removing the requirement for U.S. companies to file BOI reports, Financial…]]>
            </summary>
                                    <updated>2025-03-22T16:19:10-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Public comment requested on a Professional Ethics Executive Committee memo regarding private equity’s role in accounting firms]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7152516-professional-ethics-executive-committee-regarding-private-equitys-role-in-accounting-firms-2025-03-12" />
            <id>https://alabama.cpa/news/7152516-professional-ethics-executive-committee-regarding-private-equitys-role-in-accounting-firms-2025-03-12</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[As private equity’s role in accounting firms continues to grow, a special task force of the AICPA’s Professional Ethics Executive Committee (PEEC) is seeking public comments on a discussion…]]>
            </summary>
                                    <updated>2025-03-12T09:56:45-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Support for Federal Government Employees]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7152401-support-for-federal-government-employees-2025-03-11" />
            <id>https://alabama.cpa/news/7152401-support-for-federal-government-employees-2025-03-11</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[In the wake of recent reports of workforce reductions at the IRS, AICPA CEO, Mark Koziel, has released the following statement: “In recent weeks, there has been a flood of information regarding the…]]>
            </summary>
                                    <updated>2025-03-11T16:03:13-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[AICPA CEO Releases Statement on IRS Services for this Tax Season]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7152082-aicpa-ceo-releases-statement-on-irs-services-for-this-tax-season-2025-03-07" />
            <id>https://alabama.cpa/news/7152082-aicpa-ceo-releases-statement-on-irs-services-for-this-tax-season-2025-03-07</id>
            <author>
                <name><![CDATA[Helen Freeman]]></name>
                <email><![CDATA[hfreeman@alabama.cpa]]></email>

            </author>
            <summary type="html">
                <![CDATA[AICPA CEO Releases Statement on IRS Services for this Tax Season Washington, D.C. (March 7, 2025) – In the wake of recent reports of workforce reductions at the Internal Revenue Service (IRS),…]]>
            </summary>
                                    <updated>2025-03-10T14:57:20-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Feb. 27 FinCEN Announcement]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7150261-feb-27-fincen-announcement-2025-02-28" />
            <id>https://alabama.cpa/news/7150261-feb-27-fincen-announcement-2025-02-28</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[Late on Feb 27, FinCEN announced that “it will not issue any fines or penalties or take any other enforcement actions against any companies based on any failure to file or update beneficial…]]>
            </summary>
                                    <updated>2025-02-28T10:53:24-06:00</updated>
        </entry>
            <entry>
            <title><![CDATA[BOI Reporting Deadline: March 21st]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7148363-boi-reporting-deadline-march-21st-2025-02-18" />
            <id>https://alabama.cpa/news/7148363-boi-reporting-deadline-march-21st-2025-02-18</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[Today, FinCen posted that the reporting deadline is March 21st. Read Notice Here&gt;&gt;]]>
            </summary>
                                    <updated>2025-02-19T23:19:52-06:00</updated>
        </entry>
            <entry>
            <title><![CDATA[BOI update - injunction lifted]]></title>
            <link rel="alternate" href="https://alabama.cpa/news/7148282-boi-update-injunction-lifted-2025-02-17" />
            <id>https://alabama.cpa/news/7148282-boi-update-injunction-lifted-2025-02-17</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[On February 17, the district court in the Samantha Smith case signed an order lifting the injunction. A few key things to note: • FinCEN has confirmed that they are providing a 30-day extension…]]>
            </summary>
                                    <updated>2025-02-19T08:49:14-06:00</updated>
        </entry>
    </feed>
