ERC, BOI, e-signature relief: 3 focus areas for tax advocacy

Melanie Lauridsen, vice president–Tax Policy & Advocacy for the AICPA, joins the JofA podcast to review 2023’s tax advocacy highlights and look ahead to key issues this year and beyond.

Her team’s focus areas include the employee retention credit claims, beneficial ownership information reporting requirements, along with numerous other issues of concern to tax practitioners.

Resources:

n  JofA article on BOI and what it means for CPA firms

n  FinCEN news from December on BOI final rule

n  Tax Section landing page, with extensive resource library on topics mentioned, including resources specific to the employee retention credit

What you’ll learn from this episode:

·         The number of AICPA comment letters sent to legislators in 2023.

·         Where things stand regarding e-signature relief.

·         Lauridsen’s explanation of why beneficial ownership information requirements, while not specifically related to tax, are applicable to tax practitioners.

·         A summary of topics included in the resources section of the Tax Section’s landing page  

·         Lauridsen’s closing message to members.