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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.
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.
The AICPA welcomed the Biden administration’s recent request for congressional legislation to give the IRS the authority to regulate paid tax preparers who are currently unregulated.
Less than 10 days after its launch, the Restaurant Revitalization Fund (RRF) has less than half the money it needs to fund a flood of relief requests from one of the sectors of the economy hardest hit by the COVID-19 pandemic.
With time running out on the 2021 regular session, all eyes were on the House of Representatives this week. After a day and a half of floor debate and multiple amendments, a bipartisan House voted 68-34 to pass SB46 authorizing medical marijuana in the state.
More than 186,000 restaurants, bars, and other food and beverage businesses applied for assistance from the $28.6 billion Restaurant Revitalization Fund (RRF) during the first two days after the program’s application window opened May 3.