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Article

State CPA Society News & Updates – May 2026

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.

Mary Girsch-Bock

Featured Articles

May 5, 2026  

Billionaires Pour Millions Into Ballot Fight Over California Wealth Tax

May 5, 2026  

Xero Introduces ‘Xero Coaches’ to Help Small Businesses Turn Data Into Decisions

May 5, 2026  

Suralink Unveils Workpaper Suite Intelligence

May 5, 2026  

The R&D Tax Credit Window Is Closing: What CPAs Must Do Before July 6—and What Comes Next

May 5, 2026  

AICPA Urges OCC to Leverage Established Stablecoin Reporting and Controls Criteria in GENIUS Act Rulemaking
IRS Gives Tax Filing Relief to Those Impacted by May St. Louis Tornado

Taxes July 23, 2025 

IRS Gives Tax Filing Relief to Those Impacted by May St. Louis Tornado

The IRS recently announced tax relief for individuals and businesses located in the city of St. Louis and St. Louis and Scott counties in Missouri after an EF3 tornado caused widespread destruction on May 16.

Jason Bramwell

Paylocity Expands Platform’s Reach to the Office of the CFO with New Finance Solution

Technology July 23, 2025 

Paylocity Expands Platform’s Reach to the Office of the CFO with New Finance Solution

Paylocity for Finance brings finance and human resources teams together through a unified system grounded in the employee record.

Jason Bramwell

advancement-of-technology1_10863322

Technology July 23, 2025 

White House Announces AI Policy to Spur U.S. Development

The AI Action Plan recommends revamping the permitting process and streamlining environmental standards to speed AI-related infrastructure projects.

Isaac M. O'Bannon

Laura LaPeer Joins UHY as Chief Financial Officer, Championing Financial Integrity and Growth

Firm Management July 23, 2025 

Laura LaPeer Joins UHY as Chief Financial Officer, Championing Financial Integrity and Growth

LaPeer will play a key leadership role in upholding UHY’s financial integrity, providing strategic insights, and enhancing accounting and transactional support across the firm.

Isaac M. O'Bannon

Aprio Acquires Sandler & Co. in Massachusetts

Mergers and Acquisitions July 23, 2025 

Aprio Acquires Sandler & Co. in Massachusetts

The top 30 accounting firm said it has expanded its Financial Services practice and deepened its presence in the greater Boston area by acquiring boutique CPA firm Sandler & Co., effective July 1.

Jason Bramwell

Grant Thornton Shares 5 Essential Insights for CFOs Navigating Carve-Outs and Divestitures 

Financial Reporting July 23, 2025 

Grant Thornton Shares 5 Essential Insights for CFOs Navigating Carve-Outs and Divestitures 

“Carve-outs are strategic inflection points that demand precision, foresight and financial leadership,” said Greg Bryen, a director within the CFO Advisory Services practice at Grant Thornton.

Isaac M. O'Bannon

Sax Secures Outside Investment From Cobepa

Firm Management July 23, 2025 

Sax Secures Outside Investment From Cobepa

The top 100 accounting firm announced last week that it has received a minority investment from Cobepa, a global private equity firm with offices in Brussels and New York. 

Jason Bramwell

south carolina flooding 1  5615404bc2f29

Accounting July 23, 2025 

AICPA Survey Reveals What Relief Americans Want from the IRS Following a Natural Disaster

Americans were asked which type of tax filing and payment relief would be helpful after experiencing a natural disaster.

Isaac M. O'Bannon

AvidXchange Unveils New AI Agents to Elevate Accounts Payable Processes

Technology July 23, 2025 

AvidXchange Unveils New AI Agents to Elevate Accounts Payable Processes

As part of AvidXchange’s 2025 trends report, which surveyed 500 mid-market finance leaders, it was reported that 76% of finance departments recognize the value of using AI within their finance department to improve efficiency and decision-making.

Isaac M. O'Bannon

IRS Workforce Has Shrunk 25% Since Trump Took Office

IRS July 22, 2025 

IRS Workforce Has Shrunk 25% Since Trump Took Office

The IRS workforce has been slashed from approximately 103,000 employees in January when Donald Trump began his second term as president to 77,428 in May, with some of the biggest job cuts among tax examiners and revenue agents, according to a new TIGTA report.

Jason Bramwell

hiring-cloud-431x1481_11574962

Staffing July 22, 2025 

7 in 10 Managers Say Supervising Gen Z Feels Like Babysitting or Parenting

About 61% say their Gen Z reports require frequent hand-holding, while 52% say they struggle to follow basic instructions.

Isaac M. O'Bannon

George Botic Takes Over as Acting Chief of the PCAOB

PCAOB July 22, 2025 

George Botic Takes Over as Acting Chief of the PCAOB

The SEC has named George Botic acting chair of the Public Company Accounting Oversight Board, effective July 23, following last week's resignation of Erica Williams, whose last day as PCAOB chair is Tuesday.

Jason Bramwell

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