State CPA Societies July 11, 2026
State CPA Society News & Updates – July 2026
State CPA Society News & Updates is a selection of recent announcements and initiatives by CPA associations in the United States and its territories.
General News March 26, 2025
Hawaii to Charge EVs a Road Usage Tax Starting July 1
Revenue generated by Hawaii’s gas taxes is declining because more Hawaiians are driving electric and hybrid vehicles. The RUC is designed to provide “fair, long-term, sustainable funding for Hawaii’s roads,” according to the Department of Transportation.
Small Business March 26, 2025
Extend Announces Referral Agreement with Visa for Virtual Cards for the Middle Market
Extend’s solution enables what Visa defines as emerging middle-market companies to manage spending with the power of virtual cards to increase controls, fight fraud, and close their books faster.
Taxes March 26, 2025
ION Partners with Avalara to Tackle Tax Compliance Risks in Energy Trading
The integration will offer energy companies an automated, more accurate, and scalable tax compliance solution, enabling real-time tax calculation, reducing reliance on manual processes, and minimizing errors.
Accounting March 26, 2025
South Carolina Treasurer Accused of Violating Federal, State Law in Scathing Report on $1.8B Accounting Error
In a scathing report into the $1.8 billion accounting error where a South Carolina Senate Finance panel recommended removal of Treasurer Curtis Loftis, senators alleged the treasurer is in violation of federal law.
Accounting March 26, 2025
Lili Launches International Payments System
Lili, a financial platform designed for small business owners, today announced the launch of international wire payments in 27 countries, empowering small business owners to grow beyond borders.
Taxes March 26, 2025
Is a Vacation Home a Good Investment?
Summer is approaching and it seems vacation homes are falling out of favor with homebuyers, according to a recent report from the real estate company Redfin.
Auditing March 25, 2025
PCAOB Nails New York CPA Firm for Multiple Audit Failures
James Pai CPA PLLC and its sole owner and partner Yu-Ching James Pai were fined a total of $40,000 for violating multiple PCAOB rules and standards in connection with the 2021 and 2022 audits of SUIC Worldwide Holdings.
Auditing March 25, 2025
FloQast Launches Auditable AI Agents
As the talent gap in the accounting and finance profession continues to increase, this first-to-market capability empowers teams to do more with less and evolve from preparers into reviewers, able to focus on strategic initiatives while AI handles repetitive, time-consuming tasks.
Taxes March 25, 2025
IRS Cuts May Cost $500 Billion in Lost Tax Revenue as Taxpayers Exploit System
Cuts to IRS staffing and taxpayer behavior are contributing factors in the anticipated revenue decline.
Mergers and Acquisitions March 25, 2025
Doeren Mayhew Snaps Up Thurman Campbell Group in Tennessee
The Troy, MI-based top 60 firm has expanded into Tennessee by acquiring TCG, a full-service accounting firm based in Clarksville, effective March 1.
Taxes March 25, 2025
‘Real Housewives of N.J.’ Star and Husband Face Over $3 Million in Tax Liens
Records show Teresa Giudice owing a sum of $303,889.20 and husband Luis Ruelas owing nearly $2.6 million. Ruelas was issued another tax lien back in December for an amount of $163,523.94.
Payroll March 25, 2025
Consumer Confidence Falls to 12-Year Low
March’s fall in confidence was driven by consumers over 55 years old and, to a lesser extent, those between 35 and 55 years old. The decline was also broad-based across income groups, with the only exception being households earning more than $125,000 a year.