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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.
State of Alabama
The Governor of Alabama is committed to working with and for the people of Alabama. Governor Ivey's team shares and archives timely information in this digital newsroom, which includes press release archives, executive orders, and statements from the Governor.
American institute of cpas
The Code of Professional Conduct was revised effective December 15, 2014. A mapping document is available in Appendix D of the Code to facilitate smooth transition. Learn more about the Project that resulted in the redesigned Code of Professional Conduct.
A national effort is underway to encourage more state boards of accountancy to adopt the robust ethical standards in the AICPA Code.
find your legislators
Your ability to communicate with your legislators can benefit the interests of the accounting profession and the public it serves. Through your efforts we can ensure that legislators are well informed about legislation that can benefit or harm the profession.
Governor Kay Ivey notified lawmakers she will call them to Montgomery for a special session to convene on Thursday, October 28 for the primary purpose of approving redistricting maps for the Alabama Legislature, U.S. congressional seats, and the state school board.
This alert contains information on the DOL conducting an audit quality assessment of 2020 plan year filings.
September is National Preparedness Month. With the height of hurricane season fast approaching and the ongoing threat of wildfires in some parts of the country, the Internal Revenue Service reminds everyone to develop an emergency preparedness plan. All taxpayers, from individuals to organizations and businesses, should take time now to create or update their emergency plans.
Federal requirements for single audits became a bit more clear Thursday when the Office of Management and Budget (OMB) released the 2021 Compliance Supplement, but some questions remain as OMB is expected to issue more guidance in two future addenda.
HB 588 Overview – Changes in Framework for Reporting PTE Income and Credits at the Owner Level Potential Impact for Q2 2021 Estimated Tax PaymentsOn May 14, 2021, Governor Kay Ivey signed HB 588, a bill which will have a potentially significant impact on the decision-making process for pass-through entities (PTEs) which are considering the new election to be taxed at the entity level in Alabama. The provisions of the bill are effective for all tax years beginning on or after January 1, 2021, and therefore are retroactive in nature.