AICPA Town Hall Series - January 6, 2022

Presenters: Erik Asgeirsson, President & CEO CPA.com Edward S. Karl, VP Taxation AICPA Barry Melancon, President & CEO AICPA Lisa Simpson, VP Firm Services AICPA   Topics: Profession & DC Update Top Potential Tax Implications of Pending Legislation; effective date issues Technical Updates Key Insights: CPA.com President & CEO, Erik Asgeirsson, and AICPA President & CEO, Barry Melancon, CPA, CGMA, provided the latest updates from DC and on the profession. AICPA VP of Firm Services, Lisa Simpson, CPA, CGMA, discussed the latest technical guidance relating to PPP. AICPA VP of Taxation, Edward Karl, CPA, CGMA, joined to highlight 5 potential implications of upcoming legislation, including IRS penalty relief, service levels and effective dates.