Latest Articles

  • OBBBA Changes Educator Deduction in 2026

    By:
    Emma Slack-Jorgensen
    |
    Sep 10, 2025
    Beginning in 2026 tax year, the One Big Beautiful Bill Act changes how K-12 educators deduct unreimbursed classroom costs. The law removes the $300 annual cap but moves the deduction to Schedule A, which means it will only benefit taxpayers who itemize. 
  • IRS Plans to Close Nine Taxpayer Assistance Centers on Nov. 30

    By:
    Emma Slack-Jorgensen
    |
    Sep 10, 2025
    The IRS has notified Congress that it plans to close nine in-person Taxpayer Assistance Centers in six states on Nov. 30 as part of cost-cutting moves.
  • State Boards Confront Private Equity’s Accounting Footprint

    By:
    Emma Slack-Jorgensen
    |
    Sep 8, 2025
    State regulators are working to keep pace with private equity-backed firms that are testing the edges of long-standing ownership and independence rules, and the concern is not abstract.
  • Regulatory Roundup: Sept. 2-8

    By:
    Karen Sibayan
    |
    Sep 8, 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.
  • How Accounting Firms Are Rethinking Hiring in 2025

    By:
    Emma Slack-Jorgensen
    |
    Sep 5, 2025
    Accounting firms are hiring in a tighter, more selective market, with the biggest gap at the experienced associate through senior manager levels.
  • PCAOB Posts Technology Working Group Study and Recommendations

    By:
    Emma Slack-Jorgensen
    |
    Sep 4, 2025
    On Sept. 3, the Public Company Accounting Oversight Board posted two documents from its Technology Innovation Alliance Working Group, a panel chaired by Bard Member Christina Ho and composed of external experts in emerging technologies.
  • IRS Releases Guidance on Research Expenditures Under the OBBBA

    By:
    Karen Sibayan
    |
    Sep 2, 2025
    The IRS released the revenue procedure that outlines the procedures for making certain elections under the One, Big, Beautiful Bill Act (OBBBA), for domestic research or experimental expenditures.
  • Leaders Institute Prepares Young Pros to Lead With Impact

    By:
    Jessica Salerno-Shumaker
    |
    Sep 2, 2025
    Jennifer Wilson will lead the NYCPA NextGen Leaders Institute program starting Sept. 24, where attendees participate in interactive virtual workshops, self-assessments, and real-world practice assignments. The six-month program will give participants the chance to apply what they’ve learned immediately and develop relationships with their cohort.  
  • Regulatory Roundup: Aug. 26-Sept.1

    By:
    Karen Sibayan
    |
    Sep 2, 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.
  • Corporate F&A Hiring Levels Hold Steady as Pay Growth Cools

    By:
    Emma Slack-Jorgensen
    |
    Aug 27, 2025
    A new Controllers Council survey of more than 300 finance and accounting leaders finds that the profession is settling into steadier footing: most organizations plan to hold headcount, keep hybrid work as the default, and tighten compensation growth compared with recent years.