Latest Articles

  • AICPA Offers Practical Guidance for Navigating Job Loss

    By:
    Emma Slack-Jorgensen
    |
    Oct 23, 2025
    With the recent government shutdown, concerns around employment gaps have come to the forefront. To help those affected, the AICPA has shared several steps individuals can take to manage both financial and emotional stress during period of uncertainty. 
  • IRS: Operations Limited During Government Shutdown; Regular Tax Deadlines Remain Effective

    By:
    Karen Sibayan
    |
    Oct 22, 2025
    The IRS announced that because of the lapse in appropriations, IRS operations are limited. But the tax agency said taxpayers are required to meet their tax obligations as per usual.
  • AICPA Requests Transition Relief on Tip and Overtime Deductions

    By:
    Emma Slack-Jorgensen
    |
    Oct 22, 2025

    The AICPA has asked the Treasury Department and the IRS to provide transition relief and clear guidance for 2025 reporting related to new deductions for qualified tips and overtime compensation under the One Big Beautiful Bill Act. 

  • Supreme Court to Weigh Legality of Trump’s $3 Trillion Tariffs

    By:
    Emma Slack-Jorgensen
    |
    Oct 21, 2025

    A coalition of small businesses is asking the US Supreme Court to strike down President Donald Trump’s global tariffs, arguing that the duties amount to an unlawful tax on American companies. 

  • IFAC Launches Principles to Expand Access to the Accounting Profession

    By:
    Emma Slack-Jorgensen
    |
    Oct 20, 2025
    The International Federation of Accountants has published a new set of principles aimed at expanding access to the accounting profession and encouraging broader participation. 
  • AICPA Renews Push to Classify Accounting as a STEM Discipline

    By:
    Emma Slack-Jorgensen
    |
    Oct 20, 2025
    The AICPA is continuing its campaign to have accounting officially recognized as a STEM (Science, Technology, Engineering, and Math) discipline, pointing to new data showing widespread public support for the idea. 
  • Regulatory Roundup: Oct. 14-20

    By:
    Karen Sibayan
    |
    Oct 20, 2025
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYCPA's regular series that collects relevant regulatory announcements from the past week and puts them in one place to help you stay on top of the issues.
  • A Different Path to Leadership in Public Accounting

    By:
    Emma Slack-Jorgensen
    |
    Oct 17, 2025
    The structure of public accounting careers is changing. The traditional path (working long hours for many years before advancing into leadership) is no longer the only route available.
  • Inside the OBBBA’s Most Anticipated Changes to Section 174

    By:
    Emma Slack-Jorgensen
    |
    Oct 16, 2025
    One of the most talked-about updates to the One Big Beautiful Bill Act (OBBBA) is Section 174, which governs research and experimentation (R&E) expenses. 
  • Shutdown Stalls Momentum for Bipartisan Tax Extenders

    By:
    Emma Slack-Jorgensen
    |
    Oct 15, 2025
    With Congress deadlocked and thousands of federal workers furloughed, Bloomberg reports that prospects for a year-end deal on expiring tax provisions are looking slim.