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AICPA, State Societies Urge Education Department to Recognize Accounting as a Professional Degree
Accounting
The AICPA and state CPA societies are calling on the US Education Department to amend its proposed regulatory definition of…
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IRS Outlines Steps to Resume Normal Operations After Shutdown
Accounting
The IRS said on Nov. 21 that it has resumed normal operations now that the federal government shutdown has ended, according…
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Hochul Signs CPA Licensure Pathway Bill, Capping a Strong Year of Advocacy for the NYCPA
Accounting
New York has officially ratified a major update to CPA licensure. Governor Kathy Hochul has signed into law A.7613…
Read More
NASBA and AICPA Solicit Comments on Revised CPE Standards
Accounting
The NASBA and the AICPA are seeking public comment on proposed revisions to the continuing professional education standards,…
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AICPA Pushes Back on Proposed IRS Office Merger
Accounting
According to the Journal of Accountancy, the AICPA is pressing the IRS to reconsider a planned merger between the Office of…
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Former IRS Leaders Warn of a Difficult Filing Season Ahead
Accounting
As the IRS emerges from the longest government shutdown in its history, former agency leaders are warning the challenges are…
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TIGTA Outlines Nearly 100 IRS Audits and Evaluations for Fiscal Year 2026
Accounting
The Treasury Inspector General for Tax Administration (TIGTA) has issued its Fiscal Year 2026 Program Plan, itemizing the…
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Corporations Rely on Longstanding Partnership Rules to Reduce Certain Employment Taxes
Accounting
A report in The New York Times has brought new attention to a tax planning strategy involving limited partnerships that many…
Read More
FASB Issues Update Aimed at Simplifying Accounting for Purchased Loans
Accounting
The Financial Accounting Standards Board (FASB) has released a new Accounting Standards Update (ASU) intended to streamline…
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