Articles
- AICPA Encouraged by IRS Decision to Delay 1099-K $600 Threshold Implementation, Urges Further Consideration to Raise Threshold
Washington, D.C. (December 23, 2022) – The American Institute of CPAs (AICPA) released a statement following an announcement by the Internal Revenue Service (IRS) delaying the implementation of the $600 reporting threshold for third-party... read more
- Threat Advisory: New Gmail Attack Bypasses Passwords and 2FA To Read All Email
IronTech Security is issuing a threat advisory because of the following statements: According to cybersecurity firm Volexity, the threat research team has found a North Korean group appears to be part of, or related to, the Kimsuky advanced... read more
- Aspiring Black CPA Scholarship Recipients Announced
The national initiative to provide immediate financial support to Black accounting students and professionals has awarded 100 scholarships totaling $93,500 . CHICAGO, July 5, 2022 – In 1921, 25 years after the first certified public... read more
- AICPA’s Practice Issues Survey
The AICPA’s Private Companies Practice Section (PCPS) is gathering insights through a short survey about issues that practitioners are facing, and the responses will help all of us develop tools and resources to assist firms in meeting the... read more
- Child Tax Credit; Automatic Extensions; Low-income Taxpayer Clinic Grants Awarded; Tax Exempt Organization Filing Deadline & More
This IRS communication covers information about filing to claim the Child Tax Credit for 2021; automatic extensions; 2022 funding for low-income taxpayer clinic grants; filing deadline for tax exempt organizations and other tax-related items.... read more
- Identity Stolen? Request an Identity Protection PIN from the IRS
The Internal Revenue Service reminded all taxpayers – particularly those who are identity theft victims – of an important step they should take to protect themselves from tax fraud. Some identity thieves use taxpayers' information to... read more
- It's Time to Renew Your Georgia Firm License
It’s time to renew your Georgia Public Accounting Firm license. Your license expires June 30, 2022, so visit https://gaboa.mylicense.com/egov/Login.aspx any time before then to renew. If this is your first time renewing, you will need to... read more
- Your Stakeholder Liaison Local Area 4 is having two short briefings for Tax Professionals to discuss SCAM ALERTS
The IRS’s Cyber Security Organization has seen a drastic increase in criminals attempting to Spear phish tax professionals’ computer systems using email “lures”. Spear-phishing is a targeted attempt to steal sensitive... read more
- Aspiring Black CPA Scholarship Announced; Applicants Sought
CHICAGO, March 7, 2022 – In 1921, 25 years after the first certified public accountant (CPA) certificate was granted in the United States, John W. Cromwell Jr. became the first Black CPA. He opened a door through which thousands of Black... read more
- The Georgia Society of CPAs Advocates for Businesses and Practitioners on Schedules K-2, K-3
Thursday, February 24, 2022, The Georgia Society of CPAs, along with the AICPA and 51 state CPA societies, sent a letter to Assistant Treasury Secretary Lily Batchelder and IRS Commissioner Charles Rettig regarding widespread concerns on the... read more