ListenUP! Meet Leah Clair, Berry Dunn, Bangor
Meet MECPA Member Leah Clair, an Audit Manager with Berry Dunn's Bangor office in this latest episode or our ListenUP! podcast.
AICPA Seeks Feedback on Pipeline Acceleration Proposal
The AICPA is seeking feedback from all CPAs on a recently released Draft Proposal for Accelerating Pipeline expansion. The AICPA hopes to work hand-in-hand with state societies to alleviate the talent shortage in the profession. Draft Pipeline Acceleration PlanV2
NASBA proposes increase to 24 mos. for CPA Exam conditional credit
NASBA proposal to extend CPA exam window to 24 months
Interested parties are encouraged to consider these proposed changes and send any comments or recommendations to the NASBA UAA Committee via [email protected] by April 17, 2023
IRS Says $850 Relief Checks are NOT Taxable
Maine CPAs and taxpayers applauded a decision by the IRS that declared that Maine's $850 relief checks are not taxable for federal purposes. Since they are considered "disaster relief" they are also not subject to state taxes. Read more.
Top 5 Errors to Avoid when Calculating ERC
AICPA & NASBA Leadership Comment on 150 Hour Requirement
Accounting Career Opportunities are Limitless! Watch the Video
CPAs have an endless array of exciting and interesting career opportunities. Learn more here!
Maine Tax Portal will Improve Access and Efficiency in Tax Filing Process
Tax season is about to get easier! On the Maine Tax Portal, a new online system of Maine Revenue Services, businesses will be able to file, pay, and manage taxes online 24 hours a day, seven days a week. The new Maine Tax Portal, will be available for most business taxpayers December 1, 2022. It will replace I-File, EZ-Pay, and MEETRS, which will be deactivated for most business taxpayers March 31, 2023.
Here's what you need to do:
- Gather your records. Print filing and payment history from I-File, EZ-Pay, and MEETRS from the past three years.
- 2. Check the schedule. Confirm when the Maine Tax Portal will be available for the types of taxes you pay. [Link to rollout schedule] https://www.maine.gov/revenue/portal
- Create a username and password at maine.gov/revenue/portal.
- Talk to your tax preparer. Third-party tax professionals will need to set up their own accounts, and get your authorization to access your accounts.
Learn more here. [link to landing page: maine.gov/revenue/portal]
Have questions? Get answers here [link to FAQ] https://www.maine.gov/revenue/portal
Diversity Equity & Inclusion in the Accounting Profession
DEI is " good business" for firms and employers of all sizes according to this recent CPA Journal article