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.
Taxes December 22, 2022
The Tax Blotter – Dec. 22, 2022
The 2023 tax filing season is about to kick off. Individual taxpayers should start assembling all the information needed for filing their 2022 returns.
Accounting December 22, 2022
Accounting Top 100 Social Media Leaderboard – Dec. 21, 2022
The Accounting Top 100 social media leaderboard scores and ranks users based on five separate metrics, each of which is weighted according to its perceived value.
Payroll December 21, 2022
California Minimum Wage to Rise to $15.50 Per Hour
That represents an increase of 50 cents-an-hour for businesses with 26 or more employees, and $1.50 an hour for those with 25 or fewer.
Payroll December 21, 2022
Existing-Home Sales Dipped 7.7% in November
The median existing-home price for all housing types in November was $370,700, an increase of 3.5% from November 2021 ($358,200), as prices rose in all regions.
Taxes December 21, 2022
IRS Failed to Audit Trump During Presidency
Donald Trump was the first major party presidential candidate in decades to refuse to release his returns to the public during his 2016 campaign.
Accounting December 21, 2022
FASB Decides to Defer Sunset Date of Reference Rate Reform Guidance
The ASU extends the period time for financial statement preparers to use the reference rate reform relief guidance.
Small Business December 21, 2022
Marijuana Sales Drop in Washington State for First Time Since Legalization
After voters in Colorado and Washington approved ballot measures to legalize the recreational use and sale of small amounts of cannabis in 2012, the first retail cannabis stores opened in 2014.
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Payroll December 21, 2022
Wells Fargo to Pay $3.7 Billion in Fines and Restitution for Mismanaging Consumer Loans and Accounts
The Consumer Financial Protection Bureau ordered the bank to pay a $1.7 billion fine, and refund more than $2 billion to customers for “widespread mismanagement” of those kinds of accounts.
Small Business December 21, 2022
Retailers Hope for Passage of INFORM Act
The National Retail Federation has issued a statement urging support in Congress for inclusion of the “Integrity, Notification, and Fairness in Online Retail Marketplaces (INFORM) for Consumers Act,”...
Taxes December 21, 2022
Critics Question Private Jet Costs and Other Deductions in Trump’s Taxes
Analysis shows Trump was able to use questionable deductions and aggressive tax strategies to minimize his tax bills.
Taxes December 21, 2022
Trump Paid $0 in Federal Income Tax for Last Year in White House
The former president claimed he lost some $5 million in 2020 and therefore paid no taxes when he filed last year.
Taxes December 20, 2022
If I Were the IRS Commissioner…
If the IRS were to change its filing dates so that 1/12 of the taxpayers had tax returns due each month, instead of 100% of the taxpayers having tax returns due in the same month...