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Emma Slack-Jorgensen
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New York State Senate Passes CPA Pathway Bill on June 12
Accounting
The New York State Senate, joining the state Assembly, passed the additional licensure pathway bill (A.7613/S.6892) on June…
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Regulatory Roundup: June 10-16
Regulatory Roundup
AICPACIMA celebrates 60 years of leadership and impact in Sri LankaJun 16, 2025CIMA and TFAC renew Memorandum of…
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SEC Prepares for Potential PCAOB Absorption Amid Legislative Uncertainty
Advocacy
As Congress considers sweeping tax legislation that would transfer the PCAOB’s responsibilities to the SEC, the regulator…
Read More
Billy Long Is Confirmed as IRS Commissioner
The Trusted Professional
On July 12, ex-U.S. Rep. Billy Long of Missouri was confirmed as commissioner of the IRS, giving the tax agency a…
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Senate Weighs $30,000 SALT Deduction Cap in Tax Bill Negotiations
Advocacy
As the Senate takes up President Trump’s sweeping tax bill, Accounting Today reports that Republican senators are eyeing a…
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IRS Budget to Decrease 37% in 2026 from 2025, Proposes a 20% Decrease in Employees
The Trusted Professional
The IRS budget would dip 37% from fiscal year 2025 to fiscal year 2026 and the number of IRS employees would drop 20% over…
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IRS Updates Automatic Method Change List in New Guidance
Accounting
The IRS on Jun. 9 issued Rev. Proc. 2025-23, updating the list of tax accounting method changes eligible for automatic…
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AICPA's Koziel: Why the Profession Sees More Opportunity Than Risk
The Trusted Professional
Despite industry concerns, from regulatory uncertainty to staffing shortages, AICPA President and CEO Mark Koziel says the…
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Important NYCPA-Backed Bills Near Passage in New York Legislature
The Trusted Professional
On June 9, two of NYCPA's key legislative initiatives—e-signature expansion and additional pathways to licensure—reached…
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