Pennsylvania Tax Officials State that Teleworkers Will Not Create Nexus for State Taxes
Stay-at-home orders in effect across the country have forced a large portion of the American work force to work from home. Businesses transitioning their ...
The AICPA and CPA Canada announced that the SysTrust and SOC 3 SysTrust for Service Organizations seal programs are being discontinued. The discontinuation relates to issuance of SysTrust and SOC 3 SysTrust for Service Organization seals and licensing of practitioners, but does not affect the Trust Services Principles and Criteria (TSPC) for Security, Availability, Processing Integrity, Confidentiality and Privacy. The AICPA and CPA Canada will continue to maintain the TSPC, but will no longer issue new licenses to practitioners to use the seals. Additionally, practitioners with current licenses will not be able to renew the licenses upon expiration.
In the announcement, the AICPA and CPA Canada noted that SysTrust and SOC 3 SysTrust for Service Organization seals issued under existing licenses will remain active until their expiration date, and seals for examinations in progress would only be issued through December 31, 2014. After that date, the AICPA and CPA Canada advised that practitioners should inform their clients that the seal program has been discontinued.
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This article contains information that is current as of mid-day May 14, 2020. Check back soon for updated information on the HEROES Act. On May 12, House ...
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