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 April 2, 2025
President Trump Declares ‘Liberation Day,’ Sweeping Tariffs on Goods Worldwide
In a Rose Garden speech on April 2, Trump said the U.S. would begin applying a universal baseline tariff of 10% on imported goods from all foreign countries.
Accounting April 2, 2025
7 Accounting Firms Make Fortune’s 2025 ‘100 Best Companies to Work For’ Ranking
Seven of the 15 largest accounting firms in the U.S. are included in Fortune magazine's ranking for 2025, and one of those seven made Fortune's annual list for the very first time this year.
Mergers and Acquisitions April 2, 2025
Global Tax Management Acquires DuCharme, McMillen & Associates’ State Income Tax Practice
As part of the deal, GTM and DMA have entered into a strategic alliance, and the acquisition complements GTM's existing income tax practice.
Advisory April 2, 2025
New Survey Sentiments from Fund Accountants May Indicate Bellwether Industry Shifts
Seven in ten fund accountants surveyed identified the adoption of automation and AI as the most pressing industry trend for 2025. Notably, 61% agreed that these technologies will play a major role in fund accounting.
Small Business April 2, 2025
2025 Retail Sales Forecast to Hit $5.42 Trillion, Despite Economic Uncertainty
The National Retail Federation is forecasting that retail sales during 2025 will grow between 2.7% and 3.7% over 2024 to between $5.42 trillion and $5.48 trillion.
Mergers and Acquisitions April 2, 2025
EisnerAmper Merges in Prague & Co. in Massachusetts
The top 20 accounting firm is expanding its presence in the Boston area by combining with full-service CPA firm Prague & Co. in a deal expected to close this spring.
Mergers and Acquisitions April 2, 2025
Ryan Acquires Brayn Consulting in Texas
The Dallas-based tax services firm has expanded its income tax practice after acquiring Brayn Consulting, a Houston-based tax firm that specializes in research and development, cost segregation, and green energy income tax incentives.
April 2, 2025
Order.co Chooses Avalara for Sales Tax Automation and Compliance
With the adoption of Avalara’s proven compliance solutions, Order.co customers can now register their exemption status once and apply exemptions to eligible purchases across all vendors at the time of purchase.
Taxes April 2, 2025
Washington Gov. Ferguson Says He Won’t Sign a State Budget with a New ‘Wealth Tax’
Washington Gov. Bob Ferguson on April 1 panned budget plans by legislative Democrats for relying on "far too much in taxes," including a new wealth tax he warned could be overturned by courts.
Small Business April 2, 2025
What to Know About Texas Franchise Tax
If you do business in Texas, you’ve probably heard of franchise tax. But you may not know exactly what the Texas franchise tax is — or if it applies to you. This blog post and Texas franchise tax FAQ will answer the following questions.
Taxes April 1, 2025
‘Tariffs Are a Tax’: Canada Funds Anti-Tariff Billboards in Several States
These anti-tariff messages have popped up on digital billboards in Georgia, Florida, and 10 other states, as well as around the nation’s capital, all paid for by the Canadian government.
Accounting April 1, 2025
State Societies in Action: Indiana CPA Society
By leaning into collaboration, expanding partnerships, and driving workforce innovation, INCPAS is taking bold steps to support the profession and its future.