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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

  • SEC Appoints Kurt Hohl as Its New Chief Accountant

    By:
    Karen Sibayan
    |
    Jun 18, 2025
    The SEC has announced that Kurt Hohl—who has close to four decades of accounting and auditing experience—has been named  the regulator's chief accountant, effective Jul. 7.

  • Senate GOP Eyes $30K SALT Cap as Talks Continue

    By:
    Emma Slack-Jorgensen
    |
    Jun 17, 2025
    Senate Republicans are weighing a new $30,000 cap on the state and local tax (SALT) deduction, a potential compromise between the $10,000 cap and the $40,000 threshold included in the House-passed version of the bill, now under Senate review.

  • Profits Are Up for Accounting Firms; So Are Expectations

    By:
    Emma Slack-Jorgensen
    |
    Jun 16, 2025
    Accounting firms are reporting stronger numbers across the board. Nearly three-quarters of firms saw increased profits over the past year, and more than half gained new clients. This growth is driven largely by operational improvements and expanded services. 

  • New York State Senate Passes CPA Pathway Bill on June 12

    By:
    Emma Slack-Jorgensen
    |
    Jun 16, 2025

    The New York State Senate, joining the state Assembly, passed the additional licensure pathway bill (A.7613/S.6892) on June 12.  The bill introduced a third option for CPA candidates: 120 credit hours and two years of relevant experience.

  • Regulatory Roundup: June 10-16

    By:
    Karen Sibayan
    |
    Jun 16, 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.

  • SEC Prepares for Potential PCAOB Absorption Amid Legislative Uncertainty

    By:
    Emma Slack-Jorgensen
    |
    Jun 13, 2025
    As Congress considers sweeping tax legislation that would transfer the PCAOB’s responsibilities to the SEC, the regulator is already preparing for the possibility.

  • Billy Long Is Confirmed as IRS Commissioner

    By:
    Karen Sibayan
    |
    Jun 12, 2025
    On July 12, ex-U.S. Rep. Billy Long of Missouri was confirmed as commissioner of the IRS, giving the tax agency a permanent head following after months of acting leaders and massive staffing cuts, 

  • Senate Weighs $30,000 SALT Deduction Cap in Tax Bill Negotiations

    By:
    Emma Slack-Jorgensen
    |
    Jun 12, 2025
    As the Senate takes up President Trump’s sweeping tax bill, Republican senators are eyeing a new compromise on one of the most contentious provisions: the cap on the state and local tax (SALT) deduction. 

  • IRS Budget to Decrease 37% in 2026 from 2025, Proposes a 20% Decrease in Employees

    By:
    Karen Sibayan
    |
    Jun 11, 2025
    The IRS budget would dip 37% from fiscal year 2025 to fiscal year 2026 and the number of IRS employees would drop 20% over the same period, based on the Treasury's annual Congressional Budget Justification report.

  • IRS Updates Automatic Method Change List in New Guidance

    By:
    Emma Slack-Jorgensen
    |
    Jun 11, 2025

    The IRS on Jun, 9 issued Rev. Proc. 2025-23, updating the list of tax accounting method changes eligible for automatic consent under the existing procedures laid out in Rev. Proc. 2015-13 and its subsequent modifications. 
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