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.
May 12, 2023
Massachusetts Society of CPAs Awards 51 Scholarships
MassCPAs also hosted its second Virtual 5K Walk/Run Fundraiser in April, raising an additional $1,297 to help fund scholarships for accounting students in Massachusetts.
Taxes May 12, 2023
AICPA Supports Extending Tax Mailbox Rule to E-Filed Returns and Payments
This practice – known as the “mailbox rule” – already applies to payments and documents sent to the IRS through traditional mail.
Small Business May 12, 2023
Company Plans Fine Dining Restaurant in Space Balloon
Zephalto founder and aerospace engineer Vincent Farret d’Astiès plans on taking six passengers onboard a specially designed balloon to provide a French cuisine-inspired wine and dine experience.
Small Business May 12, 2023
Imports Climbing But Remain Below Pandemic Peaks
Import cargo volume at the nation’s major container ports should climb steadily through this summer but will remain below record-setting levels seen during most of the pandemic...
Taxes May 11, 2023
Maryland Supreme Court Revives State’s Digital Ad Tax
State’s highest court reversed a ruling by a circuit court judge that struck down the first-in-the-nation tax on digital advertising.
Taxes May 11, 2023
How Homeowners Qualify For the New Energy Efficient Tax Credits
The Inflation Reduction Act includes credits for taxpayers who make qualifying energy improvements to their home.
Accounting May 11, 2023
FASB Seeks to Add Guidance on Profits Interest Awards
Proposal would help companies determine whether these awards should be accounted for as a share-based payment arrangement.
Taxes May 11, 2023
Ex-IRS Agent, Five Others Charged in COVID Fraud Plot
The five men and one woman were charged on May 10 with conspiracy to commit bank fraud and face up to 30 years in prison.
Accounting May 11, 2023
5 Themes Shaping the Future of Accounting
For accountants to fulfill their full potential in the coming years, they will need to prepare for the following five fundamental changes.
May 11, 2023
New Jersey CPA Pleads Guilty to $2.5 Million Tax Fraud
Benkoil admitted his conduct resulted in a tax loss to the IRS of nearly $2.5 million and has agreed to pay full restitution.
Small Business May 11, 2023
Zillow Builds ChatGPT Feature for Real Estate Searches
The Zillow ChatGPT plugin is currently in its alpha phase, providing an opportunity for Zillow to refine and enhance the experience based on user interactions.
Taxes May 10, 2023
More Flexibility for Section 529 Plans
A 529 plan account owner can roll over up to $35,000 in unused funds to a Roth IRA without paying any tax, beginning in 2024.