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.
Accounting July 18, 2025
86% of Financial Professionals Express Concern Over Economy
Additionally, 50% say they are “very concerned” about the likelihood of a recession, and 22% expect one to hit within the next 12 months.
Taxes July 18, 2025
Will the Elimination of Federal Tax Credit Significantly Hurt the Solar Industry?
Experts debate if the elimination of the 30% federal tax credit for residential rooftop solar installations will significantly hurt the industry or if solar adoption developed such momentum that it will continue to grow on its own.
Taxes July 18, 2025
Trump’s Auto Loan Tax Break Could Save Working-Class Buyers Thousands, Experts Say
A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred dollars apiece on new U.S.-built vehicle purchases through 2028.
Taxes July 17, 2025
IRS Explains New Trump Tax Law Deductions for Workers, Seniors
The IRS released a fact sheet earlier this week describing new tax provisions—no tax on tips, no tax on overtime, no tax on car loan interest, and a deduction for seniors—in the One Big Beautiful Bill Act.
Taxes July 17, 2025
Trump Struggles to Market His Tax Law That 61% of Voters Oppose
President Trump, who built a career on savvy branding, has yet to convince the public that the law’s sweeping tax cuts and reductions to social safety-net programs are good policy.
Mergers and Acquisitions July 17, 2025
Doeren Mayhew Acquires Reimer McGuinness Hess in Texas
The top 60 accounting firm has acquired Houston CPA firm Reimer McGuinness Hess CPAs & Advisors, growing its presence in the market, effective July 1.
Mergers and Acquisitions July 17, 2025
Andersen Merges in Berman & Associates in Georgia
The global professional services firm has opened its first office in Georgia after merging with Atlanta-based tax and accounting firm Berman & Associates.
Payroll July 17, 2025
93% of Managers Say Hiring Process Takes Longer Than Two Years Ago
In a survey of more than 2,200 U.S. hiring managers, nearly all (93%) said the hiring process takes longer now than it did just two years ago.
Small Business July 17, 2025
Back-to-School Season Gets Early Start
The early start is up from 55% last year and is the highest since NRF started tracking early shopping in 2018.
Payroll July 17, 2025
Seniors Call for Social Security Catchup Payments as Latest COLA Estimate for 2026 is Out
While the latest projection from The Senior Citizens League shows a .1% increase over the 2025 cost-of-living adjustment, the group says seniors are calling for a catchup payment and a change to how the COLA is calculated.
Payroll July 17, 2025
Initial Jobless Claims Shrink for Fifth Straight Week
Applications for U.S. unemployment benefits declined for a fifth week in a row to the lowest level since mid-April, showing a resilient job market.
Accounting July 17, 2025
Wolters Kluwer Launches New TeamMate+ Controls Capabilities
The solution, supported by new capabilities, is designed to empower Internal Controls and Assurance professionals with greater flexibility and insights.