News

The WVSCPA continues to keep its members and the public up–to–date on issues related to the accounting profession, whether it be general news about or affecting the profession, accounting and tax code updates, legislative issues, press releases, helpful news for consumers, or more.

Jan 9 2020

Legislative Update: SB 218

An Occupational Licensing Consumer Choice Act (SB 218) has been introduced to the Senate, January 9, 2020.
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Jan 3 2020

IRS issues 2020 standard mileage rates

The optional standard mileage rates for business use of a vehicle will decrease slightly in 2020 after increasing significantly in 2019.
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Dec 13 2019

Proposed New Model for CPA Licensure

The CPA Evolution initiative aims to transform the CPA licensure model to recognize the rapidly changing skills and competencies the practice of accounting requires today and will require in the future.
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Nov 7 2019

401(k) contribution limit increases to $19,500 for 2020; catch-up limit rises to $6,500

The Internal Revenue Service today announced that employees in 401(k) plans will be able to contribute up to $19,500 next year.
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Oct 7 2019

Two new resources on extended state tax filing issues to help members and taxpayers

An update about possible challenges CPAs and their clients may face with the extended filing deadlines in our state.
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Oct 1 2019

Speaker Spotlight: Ron Roberson, CPA

Ron Roberson will join the WVSCPA as presenter for the Two-Day Federal Tax Updates in December.
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Sep 11 2019

Proposed regs. clarify reporting requirements for tax-exempt organizations

Tax-exempt organizations will be able to find most of their reporting requirements in one place under regulations the IRS proposed Friday, Sept. 6.
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Aug 14 2019

Nominations are Open for 2020 WVSCPA Awards

Submissions will be accepted through December 31, 2019.
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Jul 18 2019

West Virginia Opportunity Zone Incentives - New Legislation

Late in June, the legislature passed, and the Governor signed, House Bill 113 to establish an aggressive new tax incentive for West Virginia businesses that invest in West Virginia’s 55 Qualified Opportunity Zones.
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Jul 12 2019

Governor Justice Appoints New Member to Board of Accountancy

Governor Justice appointed Harold B. Davis, CPA to serve on the West Virginia Board of Accountancy.
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