State CPA Societies May 6, 2026
State CPA Society News & Updates – May 2026
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.
Accounting April 1, 2025
AICPA News – April 2025
AICPA News is a collection of recent news briefs from the American Institute of CPAs.
Taxes April 1, 2025
How the 50 States Rank By Tax Burden (Updated for 2025)
Residents of Hawaii are burdened by taxes the most, while Alaska residents have the lowest tax burden, a new WalletHub study found.
Payroll April 1, 2025
3 Ways to Know if Your 401(k) is Too Aggressive
Aggressive 401(k) portfolios have a high exposure to stocks and stock funds, making them more volatile over the short term.
Accounting March 31, 2025
GASB Seeks Input on Disclosures for Severe Financial Stress and Probable Dissolution
The Governmental Accounting Standards Board issued a preliminary views document on March 31 regarding proposals associated with accounting and financial reporting for severe financial stress and probable dissolution disclosures.
Taxes March 31, 2025
Trump Orders Treasury and IRS to Eliminate Paper Checks
President Donald Trump signed an executive order last week that authorizes the federal government to begin phasing out the use of paper checks and switch exclusively to electronic payments this fall, with some limited exceptions.
Payroll March 31, 2025
Taxpayer Absorbs Full Tax Weight on Hardship Distribution
If a taxpayer is in dire need, the taxpayer may choose to take a “hardship distribution” from a qualified retirement plan. However, as shown in a new case, Campana, TC Memo 2025-23, 3/19/25, this doesn’t absolve any tax liability.
Payroll March 31, 2025
Patriot Payroll Ranks First for Payroll Tax Filing
U.S. News & World Report compared price, tax filing support, integrations and automations, and more to determine which popular payroll software options made the 2025 Best Payroll Software list.
Accounting March 31, 2025
insightsoftware Announces Global Expansion of JustPerform Financial Platform
The financial performance platform is now available in APAC, North America, the UK, and Ireland. (The company instentionally spells it's name in lower case.
Taxes March 31, 2025
IRS Data Shows Tax Refund Amounts Are 4.6% Higher This Tax Season
The IRS has sent more than 55.7 million refunds to taxpayers totaling nearly $179.5 billion thus far this tax season, an increase of 1.3% and 5.9%, respectively, from last year.
Accounting Standards March 31, 2025
AICPA Committee Approves Clarification to Standard Related to Financial Statement Preparation as Part of a CAS Engagement
The revised language clarifies that while not required to be applied, the accountant is not precluded from applying AR-C section 70, in whole or in part.
Payroll March 31, 2025
Why Trusting Social Media for Financial Advice is a Terrible Idea
While social media may be a popular way to access low-cost financial advice, it’s a horrible resource for a number of reasons—here’s why.
Payroll March 31, 2025
Job Tenure is Down: Dos and Don’ts Before You Quit
Job tenure is decreasing, according to a Bureau of Labor Statistics analysis. Workers leaving their jobs should keep these financial considerations in mind.