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Recently, Representatives Kathleen Rice (D-N.Y.) and Andy Barr (R-K.Y.) introduced the Fiscal State of the Nation resolution, H. Con. Res. 68, with 103 additional co-sponsors. It provides “for a joint hearing of the Committees on the Budget of the House of Representatives and the Senate to receive a presentation from the Comptroller General of the United States regarding the audited financial statement of the executive branch.” The resolution ensures that members of Congress are made aware of the information in the federal financial statements and helps them to better understand how current and/or future policy may affect the nation’s long-term fiscal health.
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Montgomery, Alabama, May 21, 2019– Members of the Alabama Society of CPAs visited Alabama lawmakers in Washington, D.C. to discuss the accounting profession’s advocacy agenda. The Alabama CPAs were attending the American Institute of CPAs (AICPA) Spring Meeting of Council and Annual Members’ Meeting from May 19-21. The visits to Capitol Hill were a highlight of the AICPA meeting.
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Although the federal government shutdown is over, at least temporarily, the AICPA submitted an informative letter to Congress about the long-lasting effect(s) of the five-week shutdown.
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On the evening of January 7, the IRS confirmed in a news release that filing season will start on time – January 28 - and that it will be issuing refunds. The IRS also noted it will be recalling a significant portion of its workforce, currently furloughed as part of the government shutdown. The filing deadline remains unchanged.
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menuALL NEWS Yesterday, President Donald J. Trump declared that an emergency exists in the State of Alabama and ordered Federal assistance to supplement State, Tribal, and local response efforts due to the emergency conditions resulting from Hurricane Michael beginning on October 10, 2018, and continuing.
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Vernon Barnett, Commissioner of the Alabama Department of Revenue, declared that because there is a state of emergency resulting from Hurricane Michael, it is necessary to assist and expedite all efforts of relief. In order to accommodate this need and provide assistance to the citizens affected by this storm, Commissioner Barnett ordered the temporary suspension of the motor fuel exporter licensing and motor fuel transporter licensing requirements associated with the Alabama Terminal Excise Tax for exporters and transporters supporting disaster relief efforts by engaging in the export of motor fuel from Alabama to other states impacted by Hurricane Michael.
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Disasters often strike quickly and without warning. Whether it is a weather emergency, natural disaster or personal crisis due to illness, unemployment or disability, most families will experience some form of disaster that leaves them with little or no time to think before making important decisions.
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The Alabama Department of Revenue has issued its preliminary guidance on the impact of the provisions of the Tax Cuts and Jobs Act (TCJA).
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In this new CGMA report, discover how public-sector organizations around the world are keeping up with evolving talent needs.