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.

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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Mar 27 2020

Coronavirus Resources and Information

The health and safety of our members, speakers, partners, sponsors and staff are of the utmost concern to the WVSCPA. We are closely monitoring the coronavirus (COVID-19) situation in West Virginia and will provide resources on this page as they come available.
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Mar 25 2020

GOVERNOR JUSTICE TO EXTEND WV STATE INCOME TAX FILING & PAYMENT DEADLINE

WV Governor Jim Justice announced the extension during his press conference March 25.
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Mar 17 2020

Info on March 31 deadline for OMB single audits

The Office of Management & Budget (OMB) has sent a memo extending the single audit submission deadline for certain entities.
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Feb 18 2020

Face-to-Face Learning is Still Best Choice

Article Courtesy of: Training Choice, an international training company
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Jan 31 2020

AICPA's proposal to evolve CPA licensure

Based on feedback from the profession, leadership from both the AICPA and NASBA are proposing a new CPA licensure model that’s believed best positions our profession for the future.
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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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