ASAToday for July 3rd, 2025

This Week In Congress This week, Congress passed legislation that averted a government shutdown.  The legislation would fund some government departments until mid-January and the rest through early February.  It did not include spending cuts or policy changes that Republican hard-liners sought.  Congress will be in recess next week for Thanksgiving and in anticipation of…

ASA Calls Upon Congressional Leadership to Delay the Implementation of the Corporate Transparency Act ASA joined the American Institute of Certified Public Accountants (AICPA) in strongly urging Congress to delay implementation of the beneficial ownership reporting under the Corporate Transparency Act (CTA) by one year.   The CTA requires the submission of regular reports to the…