Latest Articles

  • Regulatory Roundup: Jan. 6-12

    By:
    Karen Sibayan
    |
    Jan 12, 2026
    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.
  • What If AI Was Forced To Do Our Taxes?

    By:
    Emma Slack-Jorgensen
    |
    Jan 9, 2026
    A recent Accounting Today piece by Chris Gaetano uses a speculative question to surface very real tensions in how the profession talks about AI. Gaetano asks hypothetically: should sentient AI be forced to do our taxes?
  • IRS Announces Jan. 26 Filing Season

    By:
    Emma Slack-Jorgensen
    |
    Jan 9, 2026
    The IRS has announced that the 2026 filing season for individual tax returns will officially open on Jan. 26, giving taxpayers and practitioners a clear start date as they prepare for another year shaped by recent legislative changes.
  • Recent Executive Order Pushes Cannabis Closer to Tax Relief

    By:
    Emma Slack-Jorgensen
    |
    Jan 8, 2026
    Cannabis businesses may be closer to meaningful tax relief following a recent executive order that directs the attorney general to accelerate the process of moving marijuana from Schedule I to Schedule III under the Controlled Substances Act. 
  • Electronic Filing for Business Tax Returns Opens Next Week

    By:
    Emma Slack-Jorgensen
    |
    Jan 8, 2026
    Electronic filing for a range of business tax returns will open next week, giving businesses and their advisors an early start on the 2026 filing season.
  • AICPA Asks IRS to Create Automated Procedure for Sec. 1033 Extension Requests

    By:
    Karen Sibayan
    |
    Jan 7, 2026
    In a Jan. 5 letter, the AICPA suggested that the IRS create an automated procedure to process extension requests for taxpayers affected by federally declared disasters to replace involuntarily converted property under section 1033.
  • FASB Explores Crypto in 2026 Amid Trump Push

    By:
    Emma Slack-Jorgensen
    |
    Jan 5, 2026
    FASB plans to take a closer look at cryptocurrency accounting in 2026, adding two digital-asset projects to an already crowded agenda shaped by its most recent agenda consultation.
  • Governor Hochul Proposes No Tax on Tips

    By:
    Karen Sibayan
    |
    Jan 5, 2026
    As part of New York State Governor Kathy Hochul's upcoming full-year 2027 executive budget proposal, she will put forth legislation that removes state income taxes on up to $25,000 of tips in tax year 2026.
  • Regulatory Roundup: Dec. 16–Jan. 5

    By:
    Karen Sibayan
    |
    Jan 5, 2026
    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.
  • IRS Updates Premium Tax Credit FAQs

    By:
    Karen Sibayan
    |
    Dec 23, 2025
    The IRS on Dec. 23 updated FAQs in Fact Sheet 2025-10 regarding changes to the Premium Tax Credit under the One Big, Beautiful Bill Act (OBBBA) and to related provisions that no longer apply.