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The Addition, ASCPA Weekly Digital Newsletter
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Megan Hughes
Helen Oglesby
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IRS Orders Immediate Stop to New Employee Retention Credit Processing Amid Surge of Questionable Claims
Moratorium on processing of new claims through year’s end will allow IRS to add more safeguards to prevent future abuse,…
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IRS Temporarily Stops Employee Retention Credit Processing
A rash of bogus ERC claims in recent months has prompted the IRS to put the program on hold through at least the end of 2023.…
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ALDOR Reminds Pass-Through Entities to File Election to Be Taxed at the Entity Level
Extended Deadlines to File Quickly Approaching The Alabama Department of Revenue (ALDOR) reminds certain pass-through…
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Dept. of Treasury Financial Crimes Enforcement Network Updates BOI Reporting FAQs
The Department of Treasury's Financial Crimes Enforcement Network (FinCEN) recently updated their BOI Reporting FAQs. Per…
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Bradley SALT Alert: Alabama Department of Revenue Panel Discusses Key Administrative Developments
Bradley recently published a SALT Update noting that as part of the annual meeting of the Alabama State Bar Tax Section held…
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ASCPA Reaches out to Congress to Support Delay in Beneficial Ownership Reporting Requirements
Alabama Society of CPAs (ASCPA) has called on federal legislators to support two bills that have been introduced – Senate…
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AICPA Offering New ESG Certificate Course
AICPA is offering a new ESG certificate course. The course will offer the following with information found here: Fundamentals…
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AICPA and NASBA to Launch Learning Program Designed to Ease Path to CPA Licensure
Tulane to Pilot Innovative Initiative to Support Completion of the 150-hour Academic Credit Requirement The American…
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ALDOR Provides Guidance for Overtime Pay Exempt from Income Tax
The Alabama Department of Revenue (ALDOR) published guidance today on our website for reporting overtime pay that will be…
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