Special edition Town Hall

With the extended break between live #AICPATownHall episodes, we recorded a 20-minute update on the latest on “Chevron deference,” government funding, Beneficial Ownership Information, Employee Retention Credit and more, to keep the Town Hall community informed until the next episode on Aug. 29. 

You can watch it now by clicking the video below. Or you can also listen on the go with the AICPA Town Hall podcast.

Join the next AICPA Town Hall: Tune in Thursday, Aug. 29 at 3pm ET for the next live Town Hall where Erik Asgeirsson , president and CEO, CPA.com, returns with Marci Rossell , former CNBC chief economist and co-host of @Squawk Box, to talk about the state of the economy and recent market shifts. Plus, Stan Sterna , VP, Professional Firms, Aon , and Sarah Ference , Risk Control Director, Professional Services, CNA Insurance , join for the latest on hot topics in professional liability risk management. And Lisa Simpson , VP, Firm Services, AICPA , and Mark Peterson , EVP, Advocacy, AICPA, will provide the critical technical and DC updates you rely on.

Late-breaking news and resources   

Employee Retention Credit (ERC) updates

• The Tax Advisor article: ERC disallowance letters go to 28K businesses, moratorium adjusted
• Denials can be challenged through an administrative appeal
• AICPA ERC Resource Center

Disaster relief

• Relief for four states affected by Hurricane Debby
• Disaster Relief Resource Center
• AICPA Benevolent Fund

Beneficial Ownership Reporting (BOI) updates

• Journal of Accountancy article: FinCEN uses TV ad to tell businesses about BOI
• Updated FinCEN BOI FAQ
• AICPA BOI Resource Center
• From the Town Hall archives: July 18, 2024 BOI Update