News

• Jan 4, 2025

  Update on BOI 01/04/2025

  The BOI reporting requirements continue to change.  December 31, 2024: the Justice Department (DOJ) filed an emergency application with the Supreme Court asking it to stay the district court injunction that is preventing the government from enforcing the CTA and its requirements to report BOI while the…
• Dec 27, 2024

  Update on BOI injunction 12/27/24

  December 26, 2024, the Fifth Circuit Court vacated the motion to stay the injunction. This decision means that FinCEN no longer has the authority to enforce BOI reporting requirements at this time. AICPA is in contact with FinCEN for clarification. For now, FinCEN has not updated their website or confirmed…
• Dec 23, 2024

  Update on BOI delay and Continuing Resolution--UPDATED 8.30 PM

  The 5th Circuit Court of Appeals has reversed its previous rejection of FinCEN's appeal of the BOI injunction. This decision effectively lifts the injunction. However, for those with an initial deadline of January 1, 2025, the deadline has now been extended to January 13, 2025.  For companies…
• Dec 19, 2024

  Call to Action on BOI delay

  The resolution in Congress, which included the BOI delay, will not advance in its current form through the Senate. There is significant momentum to strip all non-funding measures from the government funding resolution--this includes the BOI delay. Now is the time to act! You can contact our Congresspeople and…
• Dec 10, 2024

  BOI/FinCEN Update: Court ruling and AICPA letter

  This content was updated 12/10/24 at 8.22 AM.   On December 3, a federal judge in the U.S. District Court of the Eastern District of Texas issued a nationwide preliminary injunction against enforcement of the Corporate Transparency Act's Beneficial Ownership Information (BOI) reporting…
• Dec 5, 2024

  New CPE opportunity: Virtual Tax Conference

  You have an exciting new opportunity to join with other New England states for the Virtual Tax Conference! You will hear from Senior leaders on the latest tax issues right before tax season really heats up. The Vermont-only session on day one will feature Sharon Asay, Director of Finance, Revenue and Returns…
• Nov 26, 2024

  Meeting notice: Membership meeting December 17, 2024

  We will be having a virtual membership meeting on Tuesday, December 17, 2024, 4:30-5:20 PM.  The focus of this meeting is to elect directors who will serve through May 2025 and it will be open to current members. A slate of candidates will be sent to those participating in advance of the meeting. Please…
• Nov 12, 2024

  VT Society of CPAs wants your feedback!

  At the Vermont Society of CPAs, we believe that our members are the heartbeat of our organization. Your insights and experiences are invaluable in shaping our strategic planning and ensuring that we continue to meet your needs and expectations. By participating in our current and recent member survey, you will…
• Nov 1, 2024

  VT Represents at AICPA Councll

  VT CPAs take a trip to Atlanta October 22-24, 2024, the Chair of the Board, Matt Cleare, and VT CPA and AICPA Council Member Frank Cody traveled to Atlanta for the AICPA Council meeting. Sadie Fischesser, the Executive Director, was also in attendance for the meeting and attended a pre-conference with…
• Oct 17, 2024

  Join other New England CPAs for a Technology Demo Day!

  We’re excited to partner with MassCPAs on an upcoming Demo Day, designed specifically for CPAs and accounting professionals to explore innovative products and services.   What is Demo Day? This virtual event will allow you to discover a range of tools that can…