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IRS Offers Temporary Simplified Method for Corporate AMT
Accounting
Thomson Reuters reports that corporations navigating the new corporate alternative minimum tax (CAMT) now have the option…
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NYCPA Elects New Board Members, Honors Award Recipients, and More at 2025 Annual Meeting
The Trusted Professional
At the May 29 NYCPA Annual Meeting and Installation Dinner, members gathered in Manhattan to elect a new slate of officers…
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Withum Acquires PKF Texas, Adding Expertise in Energy and Oilfield Services
The Trusted Professional
Withum announced that on June 1, Pannell Kerr Forster of Texas, P.C. (PKF Texas), a public accounting, tax and business…
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AICPA Pushes for Key Changes in Senate Version of Tax Bill
Accounting
As the Senate takes up President Donald Trump’s wide-ranging tax legislation, the American Institute of CPAs is pushing…
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Regulatory Roundup: May 27-June 2
Regulatory Roundup
AICPA AICPA Continues Opposition to Proposed Limitations on PTET SALT Deductions, Provides RecommendationsMay 29, 2025 Gender…
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Federal Appeals Court Temporarily Stops Injunction on Trump's Tariffs
Accounting
A federal appeals court issued a temporary stay on May 29, pausing an injunction from U.S. Court of International Trade that…
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IRS Retreats on Basis-Shifting Rule, but Questions Remain
Accounting
According to Accounting Today, the IRS’s proposal to withdraw a Biden-era rule targeting partnership basis-shifting…
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IRS Hotline Sees Improvement, But CPAs Remain Wary of the Road Ahead
Accounting
According to Journal of Accountancy, this year’s tax season saw measurable improvements in IRS hotline service, according…
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More States Pass Legislation to Add Pathways to CPA Licensure
The Trusted Professional
Illinois and Minnesota have adopted legislation to advance additional pathways to CPA licensure. New Jersey's assembly has…
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