Latest Articles

  • Important NYCPA-Backed Bills Near Passage in New York Legislature

    By:
    Jovan C Richards and Karen Sibayan
    |
    Jun 9, 2025

    On June 9, two of NYCPA's key legislative initiatives--e-signature expansion and additional pathways to licensure-- reached a big milestone when they both passed unanimously in the New York State Assembly. The progress of these bills marks the success of NYCPA's legislative efforts, which the Society steadfastly promoted and supported.

  • Represent New York State on the AICPA Council: A Call for Statements of Interest

    By:
    Bill Dresnack, NYCPA Secretary/Treasurer
    |
    Jun 9, 2025
    In October 2025, the NYCPA Board of Directors will submit the names of four individuals to the AICPA’s Nominations Committee, which nominates members for election to the AICPA Council. Those nominees, once duly elected, will each serve three-year terms, beginning May 2026, on the approximately 265-person governing council.
  • AICPA, 53 State Societies Urge Senate to Preserve PTET SALT Deduction

    By:
    Emma Slack-Jorgensen
    |
    Jun 9, 2025
    The AICPA and 53 CPA societies are urging the Senate to reject a provision in the House’s One Big Beautiful Bill Act that would limit the passthrough entity tax (PTET) deduction for specified service trades or businesses (SSTBs), including accounting firms.
  • Regulatory Roundup: June 3 - 9

    By:
    Karen Sibayan
    |
    Jun 9, 2025
    With so many regulators out there, it can be tough to keep track of all the decisions being made. This is the NYCPA's regular series that collects relevant regulatory announcements from the past week and puts them in one place to help you stay on top of the issues
  • Nominating Committee Seeks Members for 2025

    By:
    Bill Dresnack, NYCPA Secretary/Treasurer
    |
    Jun 6, 2025

    Are you interested in helping to select who will serve on next year’s NYCPA Board of Directors? If so, consider serving on the Society’s Nominating Committee.

  • Senate Majority Leader Thune Signals Trouble for House SALT Compromise

    By:
    Emma Slack-Jorgensen
    |
    Jun 5, 2025

    The House’s deal to raise the cap on state and local tax (SALT) deductions to $40,000 may not make it through the Senate, according to Senate Majority Leader John Thune. While the chamber has just begun deliberations on President Donald Trump’s sweeping tax bill, Thune’s office has already indicated that the SALT provision will likely need to be revised. 

  • Baker Tilly Plans National Push with Moss Adams Deal

    By:
    Karen Sibayan
    |
    Jun 4, 2025

    Baker Tilly Advisory Group, which has combined with Moss Adams, is working to establish a powerful national brand for its clients in the middle market. Baker Tilly is leveraging private equity investment to broaden its service offerings while upgrading its technology.

  • Private Equity in Accounting Enters a New Phase

    By:
    Emma Slack-Jorgensen
    |
    Jun 4, 2025
    The first generation of private equity deals in accounting is approaching its inflection point. With holding periods ending, early movers like Citrin Cooperman and EisnerAmper are either flipping to new investors or nearing their exit windows.
  • IRS Offers Temporary Simplified Method for Corporate AMT

    By:
    Emma Slack-Jorgensen
    |
    Jun 3, 2025
    Corporations navigating the new corporate alternative minimum tax (CAMT) now have the option to calculate their liability using a simplified method for tax year 2025, according to interim guidance released by the IRS last week.
  • NYCPA Elects New Board Members, Honors Award Recipients, and More at 2025 Annual Meeting

    By:
    Jessica Salerno-Shumaker
    |
    Jun 3, 2025
    At the May 29 NYCPA Annual Meeting and Installation Dinner, members gathered in Manhattan to elect a new slate of officers for the coming fiscal year, recognize Society award winners, vote on proposed bylaws, and celebrate a year of progress for the Society.