The Trusted Professional | NYSSCPA

 
 
Gov. Hochul Signs Non-CPA Ownership Bill into Law
Read the Latest Issue
IRS to Waive $1B in Some Late Payment Penalties
2024 to Be a Demanding Year for Internal Auditors
SEC OKs Audit Confirmation Standards

Latest Articles

  • Executive Order 14370 and the Path to Schedule III: Renata Serban on What Changes and What Doesn’t

    By:
    Emma Slack-Jorgensen
    |
    Feb 13, 2026
    On Dec. 18, 2025, President Trump signed Executive Order 14370, “Increasing Medical Marijuana and Cannabidiol Research.” The order has sparked renewed attention around whether federal agencies will move cannabis from Schedule I to Schedule III, and what that could mean for tax planning and compliance. In

  • Treasury, IRS Issue Interim Guidance on Energy Credits and Prohibited Foreign Entities

    By:
    Emma Slack-Jorgensen
    |
    Feb 13, 2026
    The Treasury Department and the IRS have issued Notice 2026-15, providing interim guidance on how taxpayers should determine whether certain energy projects receive “material assistance” from a prohibited foreign entity and therefore become ineligible for key federal energy tax credits. 

  • IRS Announces Next Expansion of Tax Pro Account

    By:
    Emma Slack-Jorgensen
    |
    Feb 10, 2026
    The IRS has announced the next expansion of its Tax Pro Account, introducing new business-level digital capabilities designed for tax professionals who work within accounting firms, tax preparation companies, and other organizational settings. 

  • OBBBA Updates to Charitable Deduction Changes How Donors Think

    By:
    Emma Slack-Jorgensen
    |
    Feb 5, 2026
    The One Big Beautiful Bill Act’s updates to the charitable deduction are already changing how donors think about timing, size, and even the form of their gifts, because the new floors under IRC Sec. 170 make it harder for smaller, steady contributions to generate a tax benefit. 

  • AICPA Launches Initiative Aimed at Early-Career CPAs

    By:
    Emma Slack-Jorgensen
    |
    Feb 3, 2026
    The AICPA has launched the Profession Ready Initiative, a research-driven effort aimed at redefining how early-career CPAs are prepared for an accounting profession that is increasingly shaped by AI and changing client demands.

  • American Workers Fear Artificial Intelligence More Than Burnout

    By:
    Emma Slack-Jorgensen
    |
    Jan 30, 2026
    A new Fast Company analysis of Indeed’s 2026 Job Search Report shows that American workers are more anxious about AI than burnout. While the economy is sending mixed signals and big layoffs like Amazon’s recent cut of 16,000 jobs are making news, worries about AI are now a top concern at work.

  • AICPA Urges IRS to Keep Employees Working

    By:
    Emma Slack-Jorgensen
    |
    Jan 30, 2026
    As the 2026 tax season begins, the AICPA is asking the IRS to plan for a possible government shutdown by keeping all employees working. 

  • Taxpayer Advocate Releases Annual Report to Congress

    By:
    Emma Slack-Jorgensen
    |
    Jan 29, 2026
    The National Taxpayer Advocate has released their Annual Report to Congress, which delivers a careful forecast for the upcoming filing season. The report outlines that last year’s comparatively smooth performance may not continue in 2026.

  • Lawmakers and Oversight Officials Warn About IRS Readiness

    By:
    Emma Slack-Jorgensen
    |
    Jan 28, 2026
    Concerns have been rising about whether the IRS will be prepared for the upcoming tax season. Lawmakers and oversight officials are warning that major cuts to the IRS budget and staff might affect how the agency enforces laws and helps taxpayers, specifically those with lower incomes. 

  • IRS Opens 2026 Filing Season Under New One Big Beautiful Bill Tax Rules

    By:
    Emma Slack-Jorgensen
    |
    Jan 27, 2026
    The IRS opened the 2026 filing season on Jan. 26 and began accepting individual federal income tax returns for the 2025 tax year. 
Page

Trending Articles