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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 Extends Filing Deadlines for Taxpayers in 4 New Mexico Counties Following Severe Floods

Taxes July 21, 2025 

IRS Extends Filing Deadlines for Taxpayers in 4 New Mexico Counties Following Severe Floods

Individuals and businesses with addresses in Chaves, Lincoln, Otero, and Valencia counties in New Mexico now have until Feb. 2, 2026, to file various federal tax returns and make tax payments.

Jason Bramwell

Emburse Brings Travel and Expense Into a Single Workflow in Mobile App

Technology July 21, 2025 

Emburse Brings Travel and Expense Into a Single Workflow in Mobile App

The T&E solutions provider has launched integrated itinerary management in the Emburse Enterprise mobile app, which allows business travelers to manage their trips and submit expenses within a single, intuitive mobile interface.

Jason Bramwell

AICPA Asks Treasury, IRS for Guidance on SECURE 2.0 Roth Catch-Up Contributions

Accounting July 21, 2025 

AICPA Asks Treasury, IRS for Guidance on SECURE 2.0 Roth Catch-Up Contributions

In a letter sent to Treasury and the IRS earlier this month, the AICPA requested additional guidance related to catch-up contributions designated as Roth contributions within Section 603 of the SECURE 2.0 Act of 2022.

Jason Bramwell

Sovos Launches ‘Sovi’ Suite of Embedded AI Capabilities

Technology July 21, 2025 

Sovos Launches ‘Sovi’ Suite of Embedded AI Capabilities

"Sovi AI" is a comprehensive suite of artificial intelligence capabilities embedded across the Sovos Tax Compliance Cloud platform for e-invoicing, tax, and information reporting compliance.

Jason Bramwell

Socure Rolls Out Workforce Verification Solution to Combat Employee Fraud

Technology July 21, 2025 

Socure Rolls Out Workforce Verification Solution to Combat Employee Fraud

The new solution brings enterprise-grade identity verification and fraud prevention to hiring workflows, detecting manipulated or fabricated identities before they enter organizations and addressing workforce risk at its source.

Jason Bramwell

Ryan Announces Integration with SAP Concur for M&E Tax Deductions

Technology July 21, 2025 

Ryan Announces Integration with SAP Concur for M&E Tax Deductions

The meals and entertainment deduction optimization integration addresses a common challenge for tax and finance teams: identifying and classifying deductible M&E expenses across large datasets, Ryan says.

Jason Bramwell

flags world

Accounting July 21, 2025 

European Union Makes Plans to Retaliate for Trump Tariffs

Before Trump’s letter, the EU had been hopeful it was edging toward an initial framework that would allow detailed discussions to continue on the basis of a universal rate of 10% on many of the bloc’s exports.

Why More Men Than Women Feel Optimistic in Today’s Economy

Payroll July 21, 2025 

Why More Men Than Women Feel Optimistic in Today’s Economy

Only one-fourth (25%) of women say they’re likely to be able to achieve their version of the American dream in today’s U.S. economy, compared to 33% of men, according to Bankrate’s Financial Freedom Survey.

10 Financial Goals for Getting Out of Debt

Payroll July 21, 2025 

10 Financial Goals for Getting Out of Debt

Whether you’re switching budget tactics, negotiating with creditors, or building savings along the way, each goal brings you closer to financial freedom.

grocery-produce-IOBannon-05052022

General News July 21, 2025 

Beef and Chicken Prices Hit Record Highs as Food Costs Soar

Inflation is rising across the board. Consumer prices are about 2.7% higher than they were in June last year, an increase economists largely attribute to sweeping tariffs pushing costs skyward.

5 Trump Tax Law Changes to Marketplace Insurance

Taxes July 18, 2025 

5 Trump Tax Law Changes to Marketplace Insurance

The new law implements changes to premium tax credit rules and makes marketplace insurance more expensive and harder to keep.

Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Bilateral Meeting

Accounting Standards July 18, 2025 

Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Bilateral Meeting

The meeting was the thirty-fifth in a series of meetings between the FASB and the ASBJ to further the boards’ cooperative efforts to develop high-quality global accounting standards.

Isaac M. O'Bannon

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