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CPA Evolution Aims for Radical Rethinking of Profession
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Read the Summer/Fall 2020 Issue (pdf)
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No Change to Ethics CPE in January 2020
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SEC Seeks to Change Auditor Independence Rules
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First Mazars Female Partner Speaks on Diversity

Latest Articles

  • IRS Releases 2026 Inflation Adjustments and Tax Brackets

    By:
    Emma Slack-Jorgensen
    |
    Oct 10, 2025
    The IRS has released its annual inflation adjustments for tax year 2026, affecting more than 60 provisions, including rate brackets, deductions, and various credits. The changes, outlined in Revenue Procedure 2025-32, will apply to returns filed in 2027. 

  • FASB Weighs Feedback on Future Rulemaking Priorities

    By:
    Emma Slack-Jorgensen
    |
    Oct 9, 2025
    FASB is reviewing input from more than 100 comment letters and recent stakeholder meetings as it considers which accounting topics to prioritize in its next phase of rule making. The outreach is part of FASB’s latest agenda consultation, its first broad effort of this kind since 2021. 

  • Closing the Skills Gap in Accounting

    By:
    Emma Slack-Jorgensen
    |
    Oct 9, 2025
    The conversation around the accounting profession’s skills gap has been going on for some time, but it’s taken on new urgency in the years since the pandemic. Many firm leaders and educators have noticed that emerging professionals are entering the field with strong technical skills, yet often struggle with the softer ones (communication, collaboration, and leadership) that the profession depends on. 

  • IRS Announces the Close of Most of Its Operations Due to Shutdown

    By:
    Karen Sibayan
    |
    Oct 8, 2025

    In an Oct. 8 message on its website, the IRS announced that because of the lapse in appropriations, most IRS operations are closed.

  • Newsom Signs Bill Modernizing California's CPA Licensure Requirements

    By:
    Karen Sibayan
    |
    Oct 8, 2025
    According to a release from the California Society of Certified Public Accountants, Gov. Gavin Newsom signed Assembly Bill 1175,  which modernizes California's CPA licensure requirements.

  • Treasury Announces Appointment of SSA Commissioner as New IRS CEO

    By:
    Karen Sibayan
    |
    Oct 7, 2025
    On Oct. 6, US Treasury  Secretary and Acting IRS Commissioner Scott Bessent announced that Commissioner of the Social Security Administration Frank Bisignano will be the CEO of the tax agency.

  • FAE Board of Trustees Nominations Due by Jan. 9

    By:
    Trusted Professional Staff
    |
    Oct 6, 2025
    If you are interested in serving on the Foundation for Accounting Education (FAE) Board of Trustees, now is the time to submit your nomination. 

  • MSF Board of Trustees Nominations Due by Jan. 9

    By:
    Trusted Professional Staff
    |
    Oct 6, 2025
    If you are interested in serving on The Moynihan Scholarship Fund (MSF) Board of Trustees, now is the time to submit your nomination. 

  • Nominations for Society's Board of Directors Due Dec. 31

    By:
    Trusted Professional Staff
    |
    Oct 6, 2025
    Are you interested in serving on the NYCPA’s Board of Directors? The Society’s Nominating Committee is accepting submissions of interest by members to fill key leadership positions on the NYCPA’s Board of Directors. Terms begin on Jun. 1, 2026. The deadline to submit a nomination is Tuesday, Dec. 31, 2025.  

  • AICPA Reiterates Call to Except All IRS Workers During the Government Shutdown

    By:
    Karen Sibayan
    |
    Oct 6, 2025

    On Oct. 3, the AICPA is reiterated its call to except 100 percent of IRS workers for the duration of the shutdown. This call goes beyond the five days that have already been authorized in the tax agency’s contingency plan. This call from the AICPA is coming just two weeks until the tax filing deadline for C-corporations and individuals who asked for a filing extension.
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