Listen

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.