Penetration testing involves an authorized attempt to gain unauthorized access to a computer system, application or data. These “white hat hackers” expose and remedy weaknesses in an organization’s IT infrastructure.
The FICPA team has been extremely active during the third week of 2023 Legislative Session. We have been actively engaging in the legislative process and working with lawmakers to address our concerns with certain legislation.
This week's AICPA Town Hall features Barry Melancon discussing the rapidly evolving banking situation, technical updates from Lisa Simpson, a deep dive into the SECURE 2.0 Act, and a tax-season edition of Carl's Corner.
Last week, members of Florida's Congressional delegation introduced the Hurricane Tax Relief Act, which would provide disaster-loss tax relief to families in 51 Florida counties and Puerto Rico impacted by Hurricanes Ian, Nicole and Fiona.
Hurricanes Ian and Nicole occurred after the TCDTRA 2020 window for the special rules; therefore, losses from these hurricanes do not meet the definition of “qualified disaster loss.” As a result, taxpayers with losses from Ian and Nicole are currently subject to less favorable tax treatment.
The latest AICPA Town Hall features a D.C. and profession update, technical updates, how to deal with changes to Sec. 174 research and experimental costs, and tax season workload management strategies.