Stay aware and informed on essential regulatory requirements, changes updates, and notices through the organizations listed below.
Alabama State Board of Public Accountancy
The ASBPA supervises the practice of public accountancy by CPAs and PAs in the State of Alabama.
Alabama Department of Revenue
Established to efficiently and effectively administer revenue laws that fund governmental services for the citizens of Alabama.
American Institute of CPAs
AICPA Code of Professional Conduct
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.
AL Small Business COmmission
Atlas Alabama serves as a comprehensive resource for entrepreneurs and small business owners throughout the state interested in starting or expanding a small business.
IRS Tax Professionals Tax Center
Learn about your responsibilities as a tax professional, PTIN requirements, and get content information for specific areas of the IRS.
AICPA & American Red Cross
Disaster and Financial Preparedness
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.
Legislators Tax Guide
2018 Legislators Tax Guide
The Legislators Tax Guide is provided on a complimentary basis by the ASCPA to help answer our Alabama Legislators tax questions and those of you who assist legislators with their tax preparation.
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.
Chairman Dave Vaudt and Director David Bean discuss what to look for on GASB current projects and research activities. Also, they highlight a number of current opportunities to share feedback and input with the Board.
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.
The excise tax on gasoline and undyed diesel fuel products increases to $.24 per gallon on gasoline and $.25 per gallon on undyed diesel fuel effective September 1, 2019. Also, the due date for the terminal excise tax return and corresponding payment is changing from the 22nd to the 20th day of the month following the month of activity.
Technological innovation is changing the services CPAs provide and how they provide them. As the knowledge and skills CPAs need evolve, NASBA and the AICPA are exploring if CPA licensure should evolve too.