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State CPA Societies in Action: Alabama Society of CPAs

CPA Practice

[ State CPA Societies in Action is a series of articles spotlighting the varied educational, advocacy, networking and professional activities of the state CPA societies across the U.S.] The Alabama Society of CPAs was formed in 1919 and adopted its recent bylaws on June 25, 1975, with the last revision completed on March 1, 2018.

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Alabama Amends Alabama Accountability Act – Increased Alabama Income Tax Credit Available

Dent Moses

Effective in 2022, an Alabama taxpayer may claim up to 100% of the individual’s Alabama tax liability for contributions made to an SGO, not to exceed $100,000 per year. Prior to the 2022 amendment, the credit was limited to 50% of the taxpayer’s Alabama tax liability with a cap of $50,000. Why is this beneficial?

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The wild classes CPAs take for their 150 hours

Accounting Today

From Alabama dinosaurs to pickleball, accountants have studied some unusual things to fulfill their education requirement.

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Here Are the 40 Elijah Watt Sells Award Winners for 2023

CPA Practice

They deserve the heartiest of congratulations for their achievement, and we at the AICPA look forward to supporting these accountants as they continue on to a bright future in the profession.” Sells was active in the establishment of the AICPA and played a significant role in advancing education within the profession.

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Inspector General’s Office Reviewing Labor Department’s Efforts to Stop Child Labor Law Violations

ThomsonReuters

Federal child labor laws are designed to protect the educational opportunities of minors and prohibit their employment in jobs and under conditions detrimental to their health or well-being. The FLSA and the youth employment regulations establish both hours and occupational standards for youth.

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AICPA Forms Advisory Group to Create Strategy to Address CPA Talent Shortage

CPA Practice

The American Institute of CPAs (AICPA) has formed an advisory group representing a broad spectrum of the accounting profession that will help shape a national strategy to address the profession’s talent shortage, including accounting students who go on to obtain a CPA license.

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What’s new: state sales and use taxes

TaxConnex

In this case, the “true object” of the transaction is the education or training. originally issued June 4, 2020), concluding that a company providing online account access services to credit unions was providing taxable digital automated services (DAS). Here’s a review of some of the recent changes and updates. 41 WTD 118 ?(originally

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