AICPA Town Hall Series – September 2, 2021 - podcast episode cover

AICPA Town Hall Series – September 2, 2021

Sep 02, 20211 hr 2 min
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Episode description

The AICPA Town Hall Series provides the latest news and updates on pressing issues facing the accounting profession.

Presenters:

  • Erik Asgeirsson, President & CEO, CPA.com
  • Edward S. Karl, CPA, CGMA, VP, Taxation, AICPA
  • Barry Melancon, CPA, CGMA, President & CEO, AICPA
  • Lisa Simpson, CPA, CGMA, VP, Firm Services, AICPA
  • Carl Peterson, CPA, CGMA, VP, Small Firms, AICPA

Topics:

  • Profession & Legislative Update
  • Technical Updates & New Guidance
  • 2021 CPA Firm Top Issues
  • Practice Strategies

Key Insights:

  • CPA.com President & CEO, Erik Asgeirsson, and AICPA President & CEO, Barry Melancon, provided a profession and legislative update, including discussion on the Senate infrastructure bill and 2021 key deadlines and expirations.
  • AICPA’s VP of Taxation, Ed Karl, joined to discuss AICPA’s Top Tax Advocacy priorities, including IRS service levels and penalty relief.
  • Lisa Simpson, AICPA’s VP of Firm Services, gave a rundown of up-to-date PPP forgiveness statistics, plus technical guidance on the SBA forgiveness portal and ERC.
  • Carl Peterson, AICPA’s Small Firm VP, discussed 2021 CPA Firm Top Issues and provided practice strategies.
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