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The Addition, ASCPA Weekly Digital Newsletter
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Megan Hughes
Helen Oglesby
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Effective since Oct. 1: HB 230 removes the requirement for businesses to file an annual report with the Secretary of State’s Office.
Legislative Updates
Wes Allen, Alabama’s Secretary of State, applauds the final passage of HB 230, a bill to reduce government red tape for…
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Expanded Access Now Available for AICPA-NASBA Program That Reduces Barriers to Completion of CPA Licensure’s Education Requirement
Professional Development
The Experience, Learn and Earn (ELE) Program – jointly developed by the American Institute of CPAs (AICPA) and the National…
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FinCEN Provides Beneficial Ownership Information Reporting Relief to Victims of Recent Natural Disasters
Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced that certain victims…
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AICPA 2024 Fall Council Update
Fall Council video spotlight Click the links below to view the video highlights from Fall Council 2024: Professional Issues…
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IR-2024-279: IRS reminder to disaster area taxpayers with extensions: Parts of 8 states need to file 2023 returns by Nov. 1; others have until Feb. 3 or May 1
Tax
WASHINGTON — Now that the Oct. 15 extension deadline has come and gone, the Internal Revenue Service today reminded…
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IRS releases tax inflation adjustments for tax year 2025
Tax
WASHINGTON — The Internal Revenue Service announced today the annual inflation adjustments for tax year 2025. Revenue…
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IRS warns taxpayers of charity scams following recent hurricanes; provides tools to help people verify legitimate groups
WASHINGTON — In the aftermath of Hurricanes Milton and Helene, the Internal Revenue Service today cautioned taxpayers of…
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Alabama Department of Revenue Issues Case-by-Case Relief for Taxpayers Affected by Hurricane Helene
Tax
ASCPA received several concerns regarding CPAs and those Alabama taxpayers needing relief due to Hurricane Helene. These…
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IRS Announces Broad Filing and Payment Extensions to Hurricane Victims; Alabama DOR Offers “Case-by-Case” Relief
Tax
SALT Alert - Alabama EditionClient AlertPublished Date - 10/7/2024AUTHOR(S): BRUCE P. ELY, WILLIAM T. THISTLE, II On October…
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