Latest Articles

  • Regulatory Roundup: Sept. 23 - 29

    By:
    Karen Sibayan
    |
    Sep 29, 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.
  • Treasury Partners with Contractors on IRS Modernization

    By:
    Emma Slack-Jorgensen
    |
    Sep 26, 2025
    The Treasury Department has outlined new steps in its ongoing effort to modernize IRS systems, announcing a set of agreements with technology contractors. The work is part of a broader attempt to update taxpayer-facing services, improve data infrastructure, and reduce reliance on paper processes that have slowed operations. 
  • IRS Leaves Per Diem Rates Unchanged for 2025-26 Travel Year

    By:
    Emma Slack-Jorgensen
    |
    Sep 25, 2025

    The IRS has announced that special per diem rates used to substantiate business travel expenses will remain the same for the year beginning October 1, 2025, according to Notice 2025-54. These rates apply under the substantiation method outlined in Rev. Proc. 2019-48.

  • IRS to Phase Out Paper Refund Checks

    By:
    Emma Slack-Jorgensen
    |
    Sep 25, 2025
    The IRS has announced that paper refund checks for individual taxpayers will begin to be phased out on September 30, 2025. The change follows Executive Order 14247 and is part of a broader move toward electronic payments.
  • Public Sector Gradually Moves Toward Accrual Accounting

    By:
    Emma Slack-Jorgensen
    |
    Sep 24, 2025
    Governments around the world are slowly but steadily moving away from cash-based accounting and toward accrual systems, according to the International Public Sector Financial Accountability Index 2025 Status Report from the International Federation of Accountants (IFAC) and the Chartered Institute of Public Finance and Accountancy (CIPFA).
  • ESG Reporting Opens New Opportunities for Accounting Firms

    By:
    Emma Slack-Jorgensen
    |
    Sep 23, 2025
    As ESG reporting moves to a more expected protocol, accounting firms are finding themselves at the center of the conversation. With expertise in assurance, regulatory compliance, and risk management,
  • NASBA Rereleases Online Resource CPAMobility.org

    By:
    Karen Sibayan
    |
    Sep 23, 2025
    The NASBA has rereleased CPAMobility.org, which is a modernized online resource that assists CPAs determine where and how they can practice across state.
  • Treasury Proposes Regulations Defining Qualified Tips and Eligible Occupations

    By:
    Emma Slack-Jorgensen
    |
    Sep 22, 2025
    The Treasury has issued proposed regulations that clarify how the new tip deduction under the One Big Beautiful Bill Act will work. The draft rule, published Sept. 22 in the Federal Register, identifies the occupations that “customarily and regularly” received tips before Dec. 31, 2024, and lays out the definition of “qualified tips.”
  • AICPA and NASBA End Learning Program as States Seek Alternative CPA Licensure Pathways

    By:
    Karen Sibayan
    |
    Sep 22, 2025
    The AICPA and NASBA are closing the Experience, Learn and Earn program at the end of the fall 2025 semester, The program's closure is happening at the same time many US states have or are in the process of establishing alternative pathways to licensure.
  • Regulatory Roundup: Sept. 16 - 22

    By:
    Karen Sibayan
    |
    Sep 22, 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.