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.
Small Business April 10, 2025
China Raises Tariffs on American Products to 84%
The Chinese government will impose an 84% tariff on all imports from the U.S. starting April 10, the Finance Ministry said in a statement Wednesday.
Taxes April 9, 2025
Americans Who Say Their Taxes Are ‘Fair’ Reaches Near Record Low, Gallup Finds
More Americans believe what they pay in federal income taxes to the IRS is unfair, as tax fairness nearly reaches an all-time low, according to a new Gallup poll.
IRS April 9, 2025
Acting IRS Chief to Leave After Agency Makes Immigrant Tax Data-Sharing Deal with DHS
Melanie Krause, who took over as acting IRS commissioner in February, is stepping down after the agency reached an agreement with the Department of Homeland Security to share the data of immigrants in the U.S. illegally to assist with immigration enforcement.
Taxes April 9, 2025
Trump Pauses Higher Tariffs on Most Nations But Hikes China Rate
President Donald Trump said April 9 he would pause higher reciprocal tariffs for 90 days on dozens of trade partners while raising duties on China to 125%.
Financial Reporting April 9, 2025
Vertex Adds Integration with Coupa for Total Spend Management Platform for SMBs
Customers benefit by extending the capabilities of their spend management platform and solve unique business challenges, while reducing the cost of third-party software integrations.
Financial Planning April 9, 2025
AICPA Offers Suggestions on New Generation-Skipping Transfer Regs
These relief provisions are designed to provide a safety net for taxpayers, ensuring that their estate planning and tax strategies can be effectively implemented even if initial errors are made.
Financial Reporting April 9, 2025
69% of CEOs Say Tariffs Will Hurt Business: Survey
Small and midsize business CEOs' confidence in the economy decreased significantly in Q1 2025, according to the latest CEO Confidence Index from CEO coaching and peer advisory organization Vistage.
Payroll April 9, 2025
64% of Americans Have Delayed or Avoided Financial Decisions Because of Credit Card Debt
This includes those who say they delayed spending on health care costs (17%; e.g. medication, medical procedures, etc.) or wellness (17%; e.g. gym fees, weight management programs, meal delivery services, etc.).
Small Business April 9, 2025
Avalara Announces 29 Newly Certified Integrations into Business Applications
Certified integrations are built to help ensure customers enjoy a fast, reliable, and easy process for embedding Avalara's automated tax management into existing systems.
Financial Reporting April 9, 2025
EY Invests $1B to Integrate AI into Accounting and Audit Platform
The capabilities include EYQ Assurance Knowledge, which uses generative AI (GenAI) to help with detailed searches and summarization of accounting and auditing content.
Taxes April 8, 2025
IRS to Share Immigrant Tax Data to Build Criminal Cases
The IRS will give taxpayer data about immigrants to U.S. authorities conducting criminal investigations, saying it will support President Donald Trump’s pledge to deport people illegally in the U.S.
General News April 8, 2025
Supreme Court Halts Lower Court Order to Rehire Probationary Workers at Six Agencies
The Supreme Court on Tuesday paused an order from a federal judge in California that had required the Trump administration to reinstate 16,000 fired probationary federal workers at six agencies.