Maryland, Minnesota and Colorado passed
mobility legislation, joining the following
UAA-compliant states: Idaho, Illinois, Indiana,
Kentucky, Louisiana, Maine, Mississippi, Missouri,
New Mexico, Ohio, Rhode Island, Tennessee, Texas,
Utah, Virginia, Washington, West Virginia and
Georgia and Iowa have also taken
steps to achieve full mobility. Georgia passed a
mobility provision, which allows licensees from
other states that have a “no notification”
requirement to enter Georgia with no notice. Iowa
is enacting a statute that will allow out-of-state
individual CPAs to enter the state without
notification. However, the CPA firm will need to
obtain an Iowa firm permit if it is performing
reviews or audits.
The results of the 2016 presidential election are likely to have a big impact on federal tax policy in the coming years. Eddie Adkins, CPA, a partner in the Washington National Tax Office at Grant Thornton, discusses what parts of the ACA might survive the repeal of most of the law.
Even as the IRS reported on success in reducing tax return identity theft in the 2016 season, the Service also warned tax professionals about yet another email phishing scam. See how much you know about recent news with this short quiz.