<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet href="/vendor/feed/atom.xsl" type="text/xsl"?>
<feed xmlns="http://www.w3.org/2005/Atom" xml:lang="en-US">
                        <id>https://nysscpa.org/news/feed</id>
                                <link href="https://nysscpa.org/news/feed" rel="self"></link>
                                <title><![CDATA[News]]></title>
                    
                                <subtitle></subtitle>
                                                    <updated>2026-07-02T15:53:58-04:00</updated>
                        <entry>
            <title><![CDATA[New PCAOB Ethics Standard Could Change Auditor Malpractice Cases]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8694178-new-pcaob-ethics-standard-could-change-auditor-malpractice-cases-2026-07-01" />
            <id>https://nysscpa.org/news/8694178-new-pcaob-ethics-standard-could-change-auditor-malpractice-cases-2026-07-01</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[A new ethics standard from the PCAOB could have a major effect on auditor malpractice lawsuits when it takes effect on December 15, 2026.  According to Reuters, the new rule, EI 1000, Integrity and…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <category term="Ethics" />
                        <category term="Auditing" />
                        <updated>2026-07-02T15:53:58-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[New York’s Pied-à-Terre Tax Takes Effect With Few Paths Around It]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/8694171-new-yorks-pied-a-terre-tax-takes-effect-with-few-paths-around-it-2026-07-01" />
            <id>https://nysscpa.org/news/8694171-new-yorks-pied-a-terre-tax-takes-effect-with-few-paths-around-it-2026-07-01</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[Accounting Today reports that New York City’s new pied-à-terre tax takes effect July 1, bringing an annual surcharge on qualifying second homes and leaving many high-end property owners with…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <category term="Accounting" />
                        <updated>2026-07-02T15:50:15-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Former NYCPA President Michael Borsuk Passes Away]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/7296979-former-nycpa-president-michael-borsuk-passes-away-2026-07-01" />
            <id>https://nysscpa.org/news/7296979-former-nycpa-president-michael-borsuk-passes-away-2026-07-01</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[ Dear NYCPA members,   I’m saddened to share that former New York State Society of CPAs President Michael Borsuk passed away in June. A member of the Society for more than 60 years,…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-07-01T13:59:23-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[IRS Provides Gift Tax Safe Harbor for Trump Account Contributions]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/7295431-irs-provides-gift-tax-safe-harbor-for-trump-account-contributions-2026-06-30" />
            <id>https://nysscpa.org/news/7295431-irs-provides-gift-tax-safe-harbor-for-trump-account-contributions-2026-06-30</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[The IRS has issued new guidance intended to simplify gift tax reporting for individuals who contribute to Trump accounts, a new type of individual retirement account created for eligible children…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <category term="Taxation" />
                        <updated>2026-06-30T15:47:42-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Senators Debate Tax Changes as Social Security Faces 2032 Funding Deadline]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/7295425-senators-debate-tax-changes-as-social-security-faces-2032-funding-deadline-2026-06-30" />
            <id>https://nysscpa.org/news/7295425-senators-debate-tax-changes-as-social-security-faces-2032-funding-deadline-2026-06-30</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[Reuters reports that lawmakers on the Senate Finance Subcommittee on Social Security, Pensions, and Family Policy debated competing approaches to strengthening Social Security during a June 24…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <category term="Taxation" />
                        <updated>2026-06-30T15:41:01-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[IRS Criminal Investigation Returns Focus to Tax Fraud as AI Expands Enforcement Capabilities]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/7294324-irs-criminal-investigation-returns-focus-to-tax-fraud-as-ai-expands-enforcement-capabilities-2026-06-29" />
            <id>https://nysscpa.org/news/7294324-irs-criminal-investigation-returns-focus-to-tax-fraud-as-ai-expands-enforcement-capabilities-2026-06-29</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 Criminal Investigation (IRS-CI) is returning its attention to tax and financial fraud after a year in which many of its resources were redirected to…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <category term="Advocacy" />
                        <category term="Ethics" />
                        <updated>2026-06-29T14:26:09-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Global Sustainability Reporting Becomes More Consistent, Though Challenges Persist]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/7294323-global-sustainability-reporting-becomes-more-consistent-though-challenges-persist-2026-06-29" />
            <id>https://nysscpa.org/news/7294323-global-sustainability-reporting-becomes-more-consistent-though-challenges-persist-2026-06-29</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[Global sustainability reporting continues to move toward greater consistency and standardization, but regulatory uncertainty and shifting political priorities remain obstacles, according to a new…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <category term="Advocacy" />
                        <updated>2026-06-29T14:24:01-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[IRS Chatbots Under Scrutiny After Audit Finds Accuracy and Oversight Concerns]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/7290825-irs-chatbots-under-scrutiny-after-audit-finds-accuracy-and-oversight-concerns-2026-06-24" />
            <id>https://nysscpa.org/news/7290825-irs-chatbots-under-scrutiny-after-audit-finds-accuracy-and-oversight-concerns-2026-06-24</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[A new report from the Treasury Inspector General for Tax Administration (TIGTA) is raising concerns about the accuracy and oversight of the IRS’s chatbot and live chat programs, warning that…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <category term="Accounting" />
                        <updated>2026-06-24T14:43:31-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Corporate Tax Leaders Weigh AI, Tax Policy, and Talent Challenges]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/7290822-corporate-tax-leaders-weigh-ai-tax-policy-and-talent-challenges-2026-06-24" />
            <id>https://nysscpa.org/news/7290822-corporate-tax-leaders-weigh-ai-tax-policy-and-talent-challenges-2026-06-24</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[During CFO.com’s recent virtual event, Navigating the Corporate Tax Frontier, tax and finance leaders talked about the future of corporate taxation. They focused on how AI is changing the…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <category term="Advocacy" />
                        <category term="Corporate Taxation" />
                        <updated>2026-06-24T14:44:01-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Sanders Proposes AI Equity Tax to Fund Payments for Americans]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/7289872-sanders-proposes-ai-equity-tax-to-fund-payments-for-americans-2026-06-23" />
            <id>https://nysscpa.org/news/7289872-sanders-proposes-ai-equity-tax-to-fund-payments-for-americans-2026-06-23</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[Sen. Bernie Sanders has introduced legislation that would impose a one-time tax on certain AI companies, requiring them to transfer equity equal to 50% of their outstanding ownership interests to…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <category term="Taxation" />
                        <updated>2026-06-23T15:37:42-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[State Retirement Mandates Create New Compliance Challenges for Small Businesses]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/7289854-state-retirement-mandates-create-new-compliance-challenges-for-small-businesses-2026-06-23" />
            <id>https://nysscpa.org/news/7289854-state-retirement-mandates-create-new-compliance-challenges-for-small-businesses-2026-06-23</id>
            <author>
                <name><![CDATA[Emma Slack-Jorgensen]]></name>
                <email><![CDATA[eslackjorgensen@nysscpa.org]]></email>

            </author>
            <summary type="html">
                <![CDATA[With more states requiring retirement savings programs, Accounting Today reports that small business owners now have new rules to follow, and ignoring these requirements could lead to serious…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <category term="Accounting" />
                        <updated>2026-06-23T15:34:06-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[AICPA Launches National Campaign to Highlight the Value of CPAs]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1049363-aicpa-launches-national-campaign-to-highlight-the-value-of-cpas-2026-06-09" />
            <id>https://nysscpa.org/news/1049363-aicpa-launches-national-campaign-to-highlight-the-value-of-cpas-2026-06-09</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[The AICPA has launched a new national advertising and social media campaign aimed at increasing public awareness of the CPA profession and highlighting the value CPAs bring to businesses, individuals,…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-14T04:06:58-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[New IRS Data Shows Strong Filing Season Despite Workforce Decline]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1047348-new-irs-data-shows-strong-filing-season-despite-workforce-decline-2026-06-09" />
            <id>https://nysscpa.org/news/1047348-new-irs-data-shows-strong-filing-season-despite-workforce-decline-2026-06-09</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[According to Accounting Today, the IRS has published its 2025 Data Book, which covers staff cuts, new technology, and tax changes from the One Big Beautiful Bill Act.  According to the report, about…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-14T04:06:51-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[AICPA Report Envisions an AI-Enabled Accounting Profession by 2040]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1050330-aicpa-report-envisions-an-ai-enabled-accounting-profession-by-2040-2026-06-08" />
            <id>https://nysscpa.org/news/1050330-aicpa-report-envisions-an-ai-enabled-accounting-profession-by-2040-2026-06-08</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[The accounting profession could look dramatically different by 2040, according to a new report from the AICPA and CIMA that explores how emerging technologies, changing business needs, and evolving…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-14T04:07:01-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[SEC Chief Accountant Clarifies Agency’s Approach to Auditor Independence]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1048128-sec-chief-accountant-clarifies-agencys-approach-to-auditor-independence-2026-06-08" />
            <id>https://nysscpa.org/news/1048128-sec-chief-accountant-clarifies-agencys-approach-to-auditor-independence-2026-06-08</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[Reuters reports that the SEC’s chief accountant is pushing back against reports that the agency plans to weaken auditor independence requirements, emphasizing instead that regulators are reviewing…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="Auditing" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-16T17:54:54-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[NYCPA Thanks Its Member Volunteers]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1045987-nycpa-thanks-its-member-volunteers-2026-06-08" />
            <id>https://nysscpa.org/news/1045987-nycpa-thanks-its-member-volunteers-2026-06-08</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[The New York State Society of CPAs expresses its gratitude to the outgoing committee chairs, technical helpline volunteers, and principal drafters of comment letters. Without your support, these…]]>
            </summary>
                                    <category term="The Trusted Professional" />
                        <updated>2026-06-14T04:06:47-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[IRS Leadership Roles Face Reclassification Under New Executive Order]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1050504-irs-leadership-roles-face-reclassification-under-new-executive-order-2026-06-05" />
            <id>https://nysscpa.org/news/1050504-irs-leadership-roles-face-reclassification-under-new-executive-order-2026-06-05</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[Bloomberg reports that the Trump administration’s latest executive order allowing certain federal positions to be reclassified as political appointments could have significant implications for…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="Ethics" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-14T04:07:02-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Profession Pushes Back on the Department of Education’s Final Student-Loan Rule]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1048802-profession-pushes-back-on-the-department-of-educations-final-student-loan-rule-2026-06-05" />
            <id>https://nysscpa.org/news/1048802-profession-pushes-back-on-the-department-of-educations-final-student-loan-rule-2026-06-05</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[Accounting leaders are pushing back against a recent decision by the U.S. Department of Education to exclude accounting from the list of graduate programs labeled as “professional” under new…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="Ethics" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-16T17:54:59-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Efforts to Update Cryptocurrency Tax Policy Moving Forward Quickly]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1046587-efforts-to-update-cryptocurrency-tax-policy-moving-forward-quickly-2026-06-04" />
            <id>https://nysscpa.org/news/1046587-efforts-to-update-cryptocurrency-tax-policy-moving-forward-quickly-2026-06-04</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[As Congress continues to discuss how to regulate digital assets, efforts to update cryptocurrency tax policy are moving forward quickly, reports Reuters. Tom Shea, EY Americas Crypto and Digital Asset…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="Ethics" />
                        <category term="Taxation" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-14T04:06:49-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Accounting Employers Struggle To Find Talent]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1044674-accounting-employers-struggle-to-find-talent-2026-06-04" />
            <id>https://nysscpa.org/news/1044674-accounting-employers-struggle-to-find-talent-2026-06-04</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[A new report from outsourcing provider Personiv shows that employers in accounting are still struggling to find talent. Accounting Today reports that the average number of open accounting and finance…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="Ethics" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-14T04:06:42-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Society Members: Consider Serving on the Society's Nominating Committee-Deadline August 14, 2026, at Noon]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1044355-society-members-consider-serving-on-the-societys-nominating-committee-deadline-august-14-2026-at-noon-2026-06-03" />
            <id>https://nysscpa.org/news/1044355-society-members-consider-serving-on-the-societys-nominating-committee-deadline-august-14-2026-at-noon-2026-06-03</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[By Barbara Marino, NYCPA Secretary/Treasurer Are you interested in helping to select who will serve on next year’s NYCPA Board of Directors? If so, consider serving on the Society’s Nominating…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-14T04:06:40-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Five CPA Societies Officially Merge to Form New England Society of CPAs]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1046508-five-cpa-societies-officially-merge-to-form-new-england-society-of-cpas-2026-06-02" />
            <id>https://nysscpa.org/news/1046508-five-cpa-societies-officially-merge-to-form-new-england-society-of-cpas-2026-06-02</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[Accounting Today reports that the CPA societies of Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont have officially merged to form the New England Society of CPAs, creating a regional…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-14T04:06:48-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[SEC Plans to Reverse Biden-Era Rule on Major Climate Disclosure Policy]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1044598-sec-plans-to-reverse-biden-era-rule-on-major-climate-disclosure-policy-2026-06-02" />
            <id>https://nysscpa.org/news/1044598-sec-plans-to-reverse-biden-era-rule-on-major-climate-disclosure-policy-2026-06-02</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[The Securities and Exchange Commission (SEC) plans to reverse a major climate disclosure policy from the Biden administration, according to Accounting Today. The agency has suggested canceling rules…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="Ethics" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-14T04:06:41-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Two AICPA Committees Share Proposed Strategic Plans]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1044979-two-aicpa-committees-share-proposed-strategic-plans-2026-06-01" />
            <id>https://nysscpa.org/news/1044979-two-aicpa-committees-share-proposed-strategic-plans-2026-06-01</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[Two senior technical committees at the AICPA have shared their proposed strategic plans for 2027 to 2030 and are asking members and other stakeholders to share their feedback by Aug. 31, according to…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-14T04:06:43-04:00</updated>
        </entry>
            <entry>
            <title><![CDATA[Professional Judgement In The Age of AI]]></title>
            <link rel="alternate" href="https://nysscpa.org/news/1052350-professional-judgement-in-the-age-of-ai-2026-06-01" />
            <id>https://nysscpa.org/news/1052350-professional-judgement-in-the-age-of-ai-2026-06-01</id>
            <author>
                <name><![CDATA[]]></name>
            </author>
            <summary type="html">
                <![CDATA[AI is becoming more important for tax professionals. However, a recent Accounting Today commentary points out that this technology does not change the ethical responsibilities practitioners have to…]]>
            </summary>
                                    <category term="Accounting" />
                        <category term="Advocacy" />
                        <category term="Ethics" />
                        <category term="The Trusted Professional" />
                        <updated>2026-06-14T04:07:09-04:00</updated>
        </entry>
    </feed>
