Following November’s election, most states have legalized cannabis for either medicinal or personal adult use. Voters in four states — Arizona, Montana, New Jersey and South Dakota — approved ballot measures legalizing cannabis for personal use for adults at least 21 years old. Mississippi and South Dakota legalized cannabis for medicinal use, with South Dakota becoming the first state to legalize medicinal and recreational use cannabis in the same election.
Proposition 207 regulates adult-use cannabis and imposes a 16% sales tax to fund community colleges, infrastructure, public safety and public health programs. It allows localities to prohibit cannabis businesses through zoning and bans smoking marijuana in public places.
Continue reading "Cannabis legalization: States continue to take the lead" »
This holiday season, researchers expect consumer spending to mirror prior seasons but with a huge swing to online shopping. While you’re buying for your loved ones and feeling warm and fuzzy, cybercriminals are feeling the same about the uptick in online shopping because it presents more opportunities to steal data.
With cybercrime expected to reach $6 trillion in 2021, being aware and maintaining safe cyber practices will benefit you significantly. Here are five things you can do to protect yourself during the holiday season:
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For me, Thanksgiving has historically been an endurance sport. I’ve repeatedly proven to myself that if I can only survive my family’s barrage of questions regarding my singlehood, if I can simply feign an interest in football, if I can laugh off an inebriated uncle’s inappropriate limericks while covering the ears of my innocent siblings, then I will be rewarded with hours of judgment-free gluttony. Turkey with gravy and stuffing. Warm biscuits — split, buttered and steaming. Multiple unnecessary versions of the ever-ubiquitous green bean casserole. Tomato aspic, ostracized and jiggling in a darkened corner of a makeshift buffet table. And pies. Pecan pies. Pumpkin pies. Chocolate chess pies. The delicious bounty makes the familial challenges worth it all.
But this Thanksgiving is different. For many like myself, instead of the bounty and the family, there’ll merely be isolation.
Continue reading "How to be thankful – even in 2020" »
Many of us take stock of our good fortunes during the holiday season, reflecting on what we’re most grateful for and giving back to help others in need. This year has been trying for most of us. Just as businesses and professionals face economic hardships, many college students face challenges and uncertainties about how to fund their education and secure their futures.
That’s why the AICPA Foundation’s work has never been more important. Established nearly a century ago, the Foundation aims to advance the science of accountancy and accounting education. Through the profession’s generous donations, we equip accounting students with the much-needed support they need to progress in their journeys and reach their ultimate goal of becoming CPAs.
Continue reading "Your support matters: Give back this Giving Tuesday" »
As the accounting profession continues to build trust, create opportunity and grow prosperity amid the global pandemic, the AICPA has implemented numerous advocacy initiatives, built coalitions, created tools and provided leadership that simultaneously propels the profession while addressing its issues and concerns. The AICPA’s advocacy efforts have helped the profession navigate clients’ and businesses’ needs in the United States and abroad. This blog highlights some important recent events in our U.S.-based advocacy.
Continue reading "AICPA advocacy makes big impact during pandemic" »