Updated Issue Brief on State Marijuana Laws and the CPA Profession
The AICPA, with input from the Colorado (COCPA) and Washington (WSCPA) state CPA societies, has drafted an issue brief that gives an overview of U.S. recreational and medicinal marijuana laws, the current legislative/regulatory environment, and information for CPAs considering providing services to businesses that operate in these industries (including a list of questions for CPAs to ask themselves before considering this line of work).
UAA provides updated definition of attest, mobility for firms
In May 2014, the AICPA and National Association of State Boards of Accountancy (NASBA) released the 7th edition of the Uniform Accountancy Act (UAA). The changes made in the new UAA are designed to ensure protection of the public interest and to respond to evolving changes in the practice of accountancy.
State Tax Resources
The State Regulation and Legislation Team’s State Tax Resources page provides information on state-level issues affecting tax professionals. The page includes resources related to the regulation of tax preparers, state tax tribunals, sales tax on professional services, and more.
The state and territory resource and contact information area includes over 1,000 links in accountancy, government, study, and taxes.