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Article

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

Accounting July 13, 2026 

Nominations Open for 2026 ‘40 Under 40’ and ‘20 Under 40’ Awards

The 40 Under 40 Awards spotlight the top practicing public accountants, educators and thought leaders who are leading their profession. Deadline is Nov. 2, 2026.

Isaac M. O'Bannon

Featured Articles

July 27, 2026  

Chattanooga Church Pushes Republican Candidates, Possibly Violating Tax Law

July 27, 2026  

54% of Gen X Say Caregiving Fuels Workplace Burnout

July 27, 2026  

Mamdani Sparks Backlash, Debate with Social Media Post Celebrating Luxury 2nd-Home Tax

July 27, 2026  

New Washington ‘Millionaires Tax’ Lawsuit Challenges Ballot Language

July 27, 2026  

Toy Manufacturer Sues Trump Administration Again Over New Round of Tariffs
State CPA Society News & Updates – May 2026

State CPA Societies May 12, 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

 Trump Open to Federal Gas Tax Suspension as Prices Stay High

Taxes May 12, 2026 

Trump Open to Federal Gas Tax Suspension as Prices Stay High

President Donald Trump says he supports suspending the federal gas tax, but Congress must act as U.S. gas prices average $4.52 a gallon.

AICPA Pushes IRS for Code Section 4960 Excise Tax Transition Relief

Taxes May 11, 2026 

AICPA Pushes IRS for Code Section 4960 Excise Tax Transition Relief

The American Institute of CPAs requests transition relief and comprehensive guidance regarding Section 4960 of the tax code, amended last year by the One Big Beautiful Bill Act, that imposes an excise tax on applicable tax-exempt organizations.

Jason Bramwell

New York Gov. Hochul Says Deal on State Budget Includes NYC Pied-à-Terre Tax

Taxes May 11, 2026 

New York Gov. Hochul Says Deal on State Budget Includes NYC Pied-à-Terre Tax

Gov. Kathy Hochul announced a handshake deal Thursday on a $268 billion state budget that includes a controversial pied-à-terre tax on second homes in New York City aimed at bringing more money to city coffers.

 IRS Plans Settlement Offers in Conservation Easement Disputes

Taxes May 11, 2026 

IRS Plans Settlement Offers in Conservation Easement Disputes

The IRS said last week that it will soon release the terms of a limited-time settlement opportunity for eligible taxpayers involved in conservation easement disputes.

Jason Bramwell

‘Survivor’ Winner Reveals How Much of $1M Prize She Actually Kept After Taxes

Taxes May 11, 2026 

‘Survivor’ Winner Reveals How Much of $1M Prize She Actually Kept After Taxes

Savannah Louie, who won season 49 of the CBS competition series, shared the details during an appearance on the “Financial Tea with Mrs. Dow Jones” podcast, where she described the tax bill as a shock.

New Court Case Paves Way for Additional Disaster Refund Claims

Taxes May 11, 2026 

New Court Case Paves Way for Additional Disaster Refund Claims

The main issue contested in the new case was whether section 7508A relief should be applied broadly to taxpayer responsibilities or be limited by IRS pronouncements.

JD, Ken Berry, JD

 IRS Seeks IRSAC Members for 2027

IRS May 11, 2026 

IRS Seeks IRSAC Members for 2027

Interested in serving on the Internal Revenue Service Advisory Council next year? If so, you have until June 5 to submit your IRSAC application to the IRS.

Jason Bramwell

 IRS: Applications for TCE and VITA Program Grants Now Accepted

Taxes May 11, 2026 

IRS: Applications for TCE and VITA Program Grants Now Accepted

The IRS is accepting applications for Tax Counseling for the Elderly and Volunteer Income Tax Assistance grants through the end of the month.

Jason Bramwell

 IRS Issues Guidance on Dyed Fuel Refund Claims

Taxes May 11, 2026 

IRS Issues Guidance on Dyed Fuel Refund Claims

The Treasury Department and the IRS released temporary regulations and a notice of proposed rulemaking on April 30 highlighting new requirements for recovering federal excise tax paid on dyed fuel under the One Big Beautiful Bill Act.

Jason Bramwell

What The Devil Wears Prada Taught Me About Leadership

Firm Management May 11, 2026 

What The Devil Wears Prada Taught Me About Leadership

Underneath all the fashion and sarcasm is a reminder every leader needs to hear: excellence and empathy are not opposites.

Richard Roppa-Roberts

73% of Employers Say They Use AI in Hiring Decisions

Staffing May 11, 2026 

73% of Employers Say They Use AI in Hiring Decisions

As AI roles expand, many employers acknowledge that these systems are not always making the right decisions.

Isaac M. O'Bannon

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