AICPA Town Hall Series – March 18, 2021

The AICPA Town Hall Series provides the latest news and updates on pressing issues facing the accounting profession. Presenters: Erik Asgeirsson, President & CEO, CPA.com Barry Melancon, CPA, CGMA, President & CEO, AICPA Mark Peterson, Executive Vice President, Advocacy, AICPA Lisa Simpson, CPA, CGMA, Vice President, Firm Services, AICPA April Walker, CPA, CGMA, Lead Manager, Tax Practice & Ethics, AICPA Topics: Significant Activities with Policy Makers and Regulators State of Lenders and PPP Updates & Recommendations on New Guidance New Tax Provisions (ERC, etc.) Key Insights: AICPA President and CEO Barry Melancon, CPA, CGMA, CPA.com President and CEO Erik Asgeirsson and Mark Peterson, the AICPA's executive vice president of advocacy, discuss the need to extend the March 31 deadline for Paycheck Protection Program loan applications and also highlight issues with the May 17 limited tax deadline extension by the IRS. Lisa Simpson, CPA, CGMA, the AICPA's vice president of firm services, gives the latest updates and recommendations regarding PPP. April Walker, CPA, CGMA, lead manager of tax practice and advocacy for the AICPA, talks about tax developments with the American Rescue Plan, the Employee Retention Credit and other topics.