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.

Jul 13 2020

Should My Firm File Protective Claims in Advance of the Supreme Court Decision on ACA?

This Q&A from AICPA and the WVSCPA can help your firm’s decision-making.
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Jun 30 2020

Taxpayers should file by July 15 tax deadline; automatic extension to Oct. 15 available

IRS has easy ways to help taxpayers who need more time or payment options.
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Jun 23 2020

Preston president of West Virginia Society of Certified Public Accountants

Randy Preston was installed this week as the 102nd president of the West Virginia Society of Certified Public Accountants, the fifth member of the Parkersburg firm of McDonough, Eddy, Parsons & Baylous to hold that position.
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Jun 1 2020

COVID-19 Relief Town Hall

The West Virginia District Office of the U.S. Small Business Administration is hosting a COVID–19 Relief Town Hall.
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Apr 15 2020

Get My Payment Site Operational

The IRS issued the following statement pertaining to Get My Payment.
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Apr 13 2020

WV Small Business Training Opportunities - Week of 04/13-04/17

The U.S. Small Business Administration's West Virginia District Office is participating in COVID-19 Relief for Small Business trainings hosted by the West Virginia Small Business Development Center.
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Apr 10 2020

WV Chamber of Commerce Tele-Town Halls

The WV Chamber of Commerce is sharing their Tele-Town Hall recordings and we encourage you to take a listen!
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Apr 6 2020

The Explosion of Paycheck Protection Program Loans

Perhaps no single topic has dominated the tax news of late more than the government’s extensive efforts to provide relief to small businesses devastated by the COVID-19 pandemic.
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Apr 2 2020

IRS issues warning about Coronavirus-related scams; watch out for schemes tied to economic impact payments

The Internal Revenue Service today urged taxpayers to be on the lookout for a surge of calls and email phishing attempts about the Coronavirus, or COVID-19. These contacts can lead to tax-related fraud and identity theft.
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Mar 30 2020

CARES Act Summary

The Coronavirus Aid, Relief, and Economic Security Act (CARES Act, H.R. 748, hereinafter “the Act”) was enacted into law on March 27, 2020. It contains many tax provisions which will impact your practice immediately.
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