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ARCPA joins other state CPA societies and AICPA to advocate for PTET for all SSTBs
Earlier today, the AICPA and state CPA societies in 53 states and jurisdictions sent a letter to the Senate Committee on Finance urging the retention of the ability for all pass-through entities to deduct state and local taxes at the entity level.
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ARCPA and AICPA Oppose Proposed Limitations on PTET SALT Deductions, Urge Modifications
The Senate is considering a sweeping bill that effectively targets particular pass-through businesses by indirectly raising taxes on those entities that are considered the backbone of the American economy but maintain deductions for large corporations. The legislative package, known as the “big beautiful bill,” is expected to undergo additional changes before the Senate’s upcoming vote. Join ARCPA and AICPA in raising awareness of this issue by encouraging other members to contact their senators by Friday, June 13
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AICPA and NASBA Approve Model Legislation for New CPA Licensure Path
The boards of directors of the American Institute of CPAs (AICPA) and National Association of State Boards of Accountancy (NASBA) have approved expansion of accountancy’s model legislation to include an additional path to CPA licensure. The optional path maintains public protection while providing added flexibility and options for CPA candidates.
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AICPA Statement on Proposed Changes to Structure of the Public Company Accounting Oversight Board
NEW YORK (April 28, 2025) -- The House Financial Services Committee has released draft language for a measure that would defund the Public Company Accounting Oversight Board (PCAOB) and transfer its activities to the Securities and Exchange Commission.
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IRS: All of Arkansas qualifies for disaster tax relief; various deadlines postponed to Nov. 3
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EO 25-09: Executive order 25-08 amended to provide relief for additional counties pursuant to emergency declared in executive order 25-07.
Governor of the State of Arkansas and pursuant to Ark. Code Ann. §§ 12-75-101, et seq., and the state of emergency declared in Executive Order 25-07, amends Executive Order 25-08 to include additional counties.
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EO 25-08: Executive order to provide relief pursuant to the emergency declared in executive order 25-07
EO 25-08: Executive order to provide relief pursuant to the emergency declared in executive order 25-07
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Deana Infield Assumes Board Chair Position
Deana A. Infield becomes the 94th Chair of ARCPA’s Board of Directors on April 1, 2025
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AICPA CEO Releases Statement on IRS Services for this Tax Season
In the wake of recent reports of workforce reductions at the Internal Revenue Service (IRS), President and CEO, Mark Koziel, CPA, CGMA, of the American Institute of CPAs (AICPA) released a statement regarding IRS Services for this tax season
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AICPA CEO Releases Statement on IRS Services for this Tax Season
In the wake of recent reports of workforce reductions at the Internal Revenue Service (IRS), President and CEO, Mark Koziel, CPA, CGMA, of the American Institute of CPAs (AICPA) released a statement regarding IRS Services for this tax season