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                                <title><![CDATA[News]]></title>
                    
                                <subtitle></subtitle>
                                                    <updated>2026-11-03T10:59:59-05:00</updated>
                        <entry>
            <title><![CDATA[FAE Board of Trustees Nominations Due by Jan. 29th]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/10544700-fae-board-of-trustees-nominations-due-by-jan-29th-2026-11-03" />
            <id>https://nysscpa.org/news/10544700-fae-board-of-trustees-nominations-due-by-jan-29th-2026-11-03</id>
            <author>
                <name><![CDATA[Barbara Marino]]></name>
                <email><![CDATA[bmarino_nycpa@outlook.com]]></email>

            </author>
            <summary type="html">
                <![CDATA[By Barbara A. Marino, NYCPA Secretary/Treasurer  If you are interested in serving on the Foundation for Accounting Education (FAE) Board of Trustees, now is the time to submit your nomination.  FAE,…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-11-03T10:59:59-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[MSF Board of Trustees Nominations Due by Jan. 29th]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/10544676-msf-board-of-trustees-nominations-due-by-jan-29th-2026-11-03" />
            <id>https://nysscpa.org/news/10544676-msf-board-of-trustees-nominations-due-by-jan-29th-2026-11-03</id>
            <author>
                <name><![CDATA[Barbara Marino]]></name>
                <email><![CDATA[bmarino_nycpa@outlook.com]]></email>

            </author>
            <summary type="html">
                <![CDATA[By Barbara A. Marino, NYCPA Secretary/Treasurer  If you are interested in serving on The Moynihan Scholarship Fund Board of Trustees, now is the time to submit your nomination. Established in 2015,…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-11-03T10:57:25-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Are you interested in serving on the NYCPA’s Board of Directors?]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/10544490-are-you-interested-in-serving-on-the-nycpas-board-of-directors-2026-11-03" />
            <id>https://nysscpa.org/news/10544490-are-you-interested-in-serving-on-the-nycpas-board-of-directors-2026-11-03</id>
            <author>
                <name><![CDATA[Bill Dresnack]]></name>
                <email><![CDATA[whdbbu@rit.edu]]></email>

            </author>
            <summary type="html">
                <![CDATA[By William H. Dresnack, Nominating Committee Chair The NYCPA’s Nominating Committee is accepting nominations from members interested in serving in key leadership positions on the NYCPA Board of…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-11-03T10:53:50-05:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Society Awards 2027: Call for Nominations]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/10521763-society-awards-2027-call-for-nominations-2026-10-28" />
            <id>https://nysscpa.org/news/10521763-society-awards-2027-call-for-nominations-2026-10-28</id>
            <author>
                <name><![CDATA[Keith Lazarus]]></name>
                <email><![CDATA[keith@klazaruscpa.com]]></email>

            </author>
            <summary type="html">
                <![CDATA[By Keith Lazarus, Manager, Committees and Technical Resources Certified public accountants throughout New York state give generously of their time to better their profession and to assist with…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-10-28T16:16:38-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[AICPA Urges IRS to Extend Trump Account Implementation Timeline]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/9100850-aicpa-urges-irs-to-extend-trump-account-implementation-timeline-2026-10-24" />
            <id>https://nysscpa.org/news/9100850-aicpa-urges-irs-to-extend-trump-account-implementation-timeline-2026-10-24</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[According to the Journal of Accountancy, the AICPA is urging the Treasury Department and the IRS to extend the implementation timeline for employer contributions to Trump accounts, warning that…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-10-23T16:03:15-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Accounting Enrollment Rises, but Retaining Gen Z Talent Remains a Challenge]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/9100654-accounting-enrollment-rises-but-retaining-gen-z-talent-remains-a-challenge-2026-10-23" />
            <id>https://nysscpa.org/news/9100654-accounting-enrollment-rises-but-retaining-gen-z-talent-remains-a-challenge-2026-10-23</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[Accounting enrollment is showing signs of recovery, but employers may need to rethink how they attract and retain younger professionals as Gen Z enters the workforce. Undergraduate accounting…]]>
            </summary>
                                    <category term="NextGen" />
                        <updated>2026-10-23T14:44:56-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[IRS Faces Challenges in Regulating Noncompliant Tax Preparers]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/9100580-irs-faces-challenges-in-regulating-noncompliant-tax-preparers-2026-10-23" />
            <id>https://nysscpa.org/news/9100580-irs-faces-challenges-in-regulating-noncompliant-tax-preparers-2026-10-23</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[Accounting Today reports that the IRS is facing challenges in overseeing uncredentialed tax preparers, with a new report from the Treasury Inspector General for Tax Administration (TIGTA) identifying…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-10-23T13:38:44-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Scholarship Organizations Urged to Prepare for New Tax Credit Requirements]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/9100817-scholarship-organizations-urged-to-prepare-for-new-tax-credit-requirements-2026-10-20" />
            <id>https://nysscpa.org/news/9100817-scholarship-organizations-urged-to-prepare-for-new-tax-credit-requirements-2026-10-20</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[Scholarship-granting organizations (SGOs) seeking to participate in a new federal tax credit program should begin preparing their compliance procedures ahead of its 2027 implementation, according to a…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-10-23T15:35:24-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[New Planning Opportunities for Inherited IRAs]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8758387-new-planning-opportunities-for-inherited-iras-2-2026-10-01" />
            <id>https://nysscpa.org/news/8758387-new-planning-opportunities-for-inherited-iras-2-2026-10-01</id>
            <author>
                <name><![CDATA[Ken Horowitz]]></name>
                <email><![CDATA[khorowitz@glic.com]]></email>

            </author>
            <summary type="html">
                <![CDATA[By Kenneth A. Horowitz, CLU®, ChFC®, RICP®,  AEP® This article is an update to an article originally published in the September 2024 issue.  The impact of the SECURE Act 2.0 has created a game…]]>
            </summary>
                                    <category term="Tax Stringer" />
                        <category term="Federal Taxation" />
                        <updated>2026-10-01T09:43:54-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Form 708 Is Here: The 40% Recipient Tax on Covered Expatriate Gifts]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8758699-form-708-is-here-the-40-recipient-tax-on-covered-expatriate-gifts-2026-09-30" />
            <id>https://nysscpa.org/news/8758699-form-708-is-here-the-40-recipient-tax-on-covered-expatriate-gifts-2026-09-30</id>
            <author>
                <name><![CDATA[Alicea Castellanos]]></name>
                <email><![CDATA[alicea@globaltaxes.com]]></email>

            </author>
            <summary type="html">
                <![CDATA[By Alicea Castellanos, CPA A $500,000 gift from a covered expatriate in 2026 can create a $192,400 US tax bill for the recipient, not the donor: $500,000 minus the $19,000 Section 2801(c) exclusion,…]]>
            </summary>
                                    <category term="Tax Stringer" />
                        <category term="Federal Taxation" />
                        <updated>2026-09-30T18:36:09-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Irrevocable Life Insurance Trusts: A CPA’s Guide to Estate Tax Efficiency, Liquidity Planning, and Administrative Oversight]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8758688-irrevocable-life-insurance-trusts-a-cpas-guide-to-estate-tax-efficiency-liquidity-planning-and-administrative-oversight-2026-09-30" />
            <id>https://nysscpa.org/news/8758688-irrevocable-life-insurance-trusts-a-cpas-guide-to-estate-tax-efficiency-liquidity-planning-and-administrative-oversight-2026-09-30</id>
            <author>
                <name><![CDATA[Caroline McKay]]></name>
                <email><![CDATA[cmckay@coylecompany.com]]></email>

            </author>
            <summary type="html">
                <![CDATA[By Caroline McKay, JD, LLM, AEP® Life insurance can be an especially valuable planning tool for affluent and ultra-high-net-worth families because it creates immediate liquidity at death, generally…]]>
            </summary>
                                    <category term="Tax Stringer" />
                        <category term="Estate Taxation" />
                        <updated>2026-09-30T18:36:34-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[PCAOB Moves Investor Advocate Role Into Communications Office]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8752473-pcaob-moves-investor-advocate-role-into-communications-office-2026-09-16" />
            <id>https://nysscpa.org/news/8752473-pcaob-moves-investor-advocate-role-into-communications-office-2026-09-16</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[Reuters reports that the Public Company Accounting Oversight Board (PCAOB) is eliminating its standalone Office of the Investor Advocate and moving the investor engagement function into its Office of…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-09-16T16:34:45-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Internal Auditors Shift Focus Toward AI and Other Emerging Risks]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8752468-internal-auditors-shift-focus-toward-ai-and-other-emerging-risks-2026-09-16" />
            <id>https://nysscpa.org/news/8752468-internal-auditors-shift-focus-toward-ai-and-other-emerging-risks-2026-09-16</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[According to Accounting Today, internal audit teams are increasingly turning their attention to AI and other rapidly evolving risks, even as organizations continue to face gaps in governance and audit…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-09-16T16:26:55-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Small Firms Can Take a Focused Approach to AI Adoption]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8752444-small-firms-can-take-a-focused-approach-to-ai-adoption-2026-09-16" />
            <id>https://nysscpa.org/news/8752444-small-firms-can-take-a-focused-approach-to-ai-adoption-2026-09-16</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[Small accounting firms looking to adopt AI do not need to transform their operations overnight, according to Stephanie Otero, CPA, the AICPA’s vice president–Small Firm Advocate. Journal of…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-09-16T16:17:21-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[IRS Delays Stalled Thousands of High-Income Nonfiler Cases]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8750878-irs-delays-stalled-thousands-of-high-income-nonfiler-cases-2026-09-15" />
            <id>https://nysscpa.org/news/8750878-irs-delays-stalled-thousands-of-high-income-nonfiler-cases-2026-09-15</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[A new report by the Treasury Inspector General for Tax Administration  (TIGTA) states that the IRS has postponed enforcement action in nearly 39,000 high-priority cases involving billions of…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-09-15T14:50:21-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Older Workers Make Up Growing Share of Accounting Workforce]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8750849-older-workers-make-up-growing-share-of-accounting-workforce-2026-09-15" />
            <id>https://nysscpa.org/news/8750849-older-workers-make-up-growing-share-of-accounting-workforce-2026-09-15</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[Accounting and bookkeeping professionals are working beyond traditional retirement age at rates well above the national workforce average, according to a new study examining employment trends across…]]>
            </summary>
                                    <category term="NextGen" />
                        <updated>2026-09-15T14:43:07-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[New York State Society of CPAs Host 2026 Excellence in Financial Journalism Awards]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8739186-new-york-state-society-of-cpas-host-2026-excellence-in-financial-journalism-awards-2026-08-31" />
            <id>https://nysscpa.org/news/8739186-new-york-state-society-of-cpas-host-2026-excellence-in-financial-journalism-awards-2026-08-31</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[For immediate release:Wednesday, August 12th 2026Contact: Sorena Fabre ShawMedia &amp; Government Relations Associate DirectorE: Sfabre@nysscpa.org | T: 212.719.8392 New York State Society of CPAs…]]>
            </summary>
                                    <category term="Press Releases" />
                        <updated>2026-08-31T11:29:11-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[New York State Society of CPAs Elects 2026–2027 Board of Directors]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8739183-new-york-state-society-of-cpas-elects-2026-2027-board-of-directors-2026-08-31" />
            <id>https://nysscpa.org/news/8739183-new-york-state-society-of-cpas-elects-2026-2027-board-of-directors-2026-08-31</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[For immediate release:Contact: Sorena Fabre ShawMedia &amp; Government Relations Associate DirectorE: Sfabre@nysscpa.org | T: 212.719.8392 New York State Society of CPAs Elects 2026–2027 Board of…]]>
            </summary>
                                    <category term="Press Releases" />
                        <updated>2026-08-31T11:21:53-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[NYCPA Joins IRS Leadership for Tax Administration Discussion]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8737451-nycpa-joins-irs-leadership-for-tax-administration-discussion-2026-08-27" />
            <id>https://nysscpa.org/news/8737451-nycpa-joins-irs-leadership-for-tax-administration-discussion-2026-08-27</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[Last week, Frank J. Bisignano, chief executive officer of the IRS, held a meeting with tax professionals in the New York area at the IRS Nationwide Tax Forum in New York City, among them Orumé Hays,…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-08-27T12:23:30-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Hillary Salo Appointed Next FASB Chair]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8731984-hillary-salo-appointed-next-fasb-chair-2026-08-19" />
            <id>https://nysscpa.org/news/8731984-hillary-salo-appointed-next-fasb-chair-2026-08-19</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[According to Accounting Today, the Financial Accounting Foundation (FAF) has appointed Hillary Salo to be the next chair of the Financial Accounting Standards Board (FASB), taking over from the…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-08-20T12:47:58-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[SEC Proposes Exemptions from Registration and a Safe Harbor for Crypto Assets]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8731868-sec-proposes-exemptions-from-registration-and-a-safe-harbor-for-crypto-assets-2026-08-19" />
            <id>https://nysscpa.org/news/8731868-sec-proposes-exemptions-from-registration-and-a-safe-harbor-for-crypto-assets-2026-08-19</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[The Securities and Exchange Commission (SEC) has suggested new rules designed to make it clearer how the federal securities laws are to be applied to crypto assets while at the same time lowering the…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-08-20T10:59:08-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Trump Appeals Sanctions in $10 Billion IRS Lawsuit]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8727764-trump-appeals-sanctions-in-10-billion-irs-lawsuit-2026-08-13" />
            <id>https://nysscpa.org/news/8727764-trump-appeals-sanctions-in-10-billion-irs-lawsuit-2026-08-13</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[President Donald Trump has asked a federal appeals court to temporarily halt sanctions imposed against him and his attorneys over their handling of his $10 billion lawsuit against the IRS while he…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-08-13T16:08:44-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[IRS Proposes Standardized Process for Retirement Plan Rollovers]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8727704-irs-proposes-standardized-process-for-retirement-plan-rollovers-2026-08-13" />
            <id>https://nysscpa.org/news/8727704-irs-proposes-standardized-process-for-retirement-plan-rollovers-2026-08-13</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[According to the Journal of Accountancy, the IRS has issued new guidance aimed at simplifying and standardizing the process for rolling over assets between retirement plans and individual retirement…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-08-13T15:26:52-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Accounting Career Satisfaction is Increasing As Workplace Priorities Shift]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8725457-accounting-career-satisfaction-is-increasing-as-workplace-priorities-shift-2026-08-10" />
            <id>https://nysscpa.org/news/8725457-accounting-career-satisfaction-is-increasing-as-workplace-priorities-shift-2026-08-10</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[Accounting Today reports that early results from the third annual CPA Career Satisfaction Survey show a small rise in the number of accountants who are happy with their careers. This year, 54% said…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-08-11T13:05:41-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[IRS Expands AI-Driven Enforcement While Adding New Taxpayer Relief]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8725456-irs-expands-ai-driven-enforcement-while-adding-new-taxpayer-relief-2026-08-10" />
            <id>https://nysscpa.org/news/8725456-irs-expands-ai-driven-enforcement-while-adding-new-taxpayer-relief-2026-08-10</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[The IRS is expanding its use of artificial intelligence (AI) and data analytics across enforcement and taxpayer service, while also rolling out new tools designed to resolve disputes and provide…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-08-11T13:04:11-04:00</updated>
        </entry>
    </feed>
