News & Updates
Exec Burnout Puts the Whole Business at Risk
October 16, 2025
Executive energy is not a private concern to be managed behind closed doors. It’s a strategic asset. Despite the massive impact, the energy levels of top leaders are almost never treated as business-critical. That needs to change.
The AI Knowledge Gap Challenge
October 16, 2025
A 2025 report finds 17% of workers are using AI tools daily, 27% never do, and less than half have training or education on the technology.
Inside the Debate Over ACA Tax Credits That's Driving the Government Shutdown
October 15, 2025
Republicans contend that extending the premium tax credits is a complex task with a lot of moving parts that need to be addressed. But Democrats point out that those bills are already in the mail. This article on CPA Practice Advisor provides context.
CFOs Have a Full Plate, But They Have AI on Their Side
October 10, 2025
CFOs around the world have numerous competing priorities as they continue to add strategy-related responsibilities, according to a new survey that also shows finance chiefs benefitting from new technology tools.
IRS Furloughs Nearly Half Its Workers, Closes Most Operations
October 08, 2025
The IRS furloughed almost half its workforce as the government shutdown entered its second week, the agency said Wednesday evening in its updated contingency plan.
AI Research Is Essential for Tax Firms
October 07, 2025
Tax research is no longer just about looking up answers—it’s about enabling your firm to move faster, reason more confidently and deliver value for your clients. With tax legislation evolving quickly and client demands rising, traditional tools are falling short. Technology that worked even a year or two ago is now straining under the volume, complexity and pace of change.
Beyond Summer Help: Creating Impactful Internship Programs
October 06, 2025
When designed with purpose, internship programs do more than provide seasonal help—they create a sustainable pipeline of future firm leaders.
Recruiting Talent From Alternative Sources
October 06, 2025
Some organizations are getting creative and tapping into alternative sources to find new accounting and finance talent. Here’s how you can fill critical roles with non-traditional candidates.
How Top Firms Are Turning AI Talk Into Action
October 03, 2025
Learn from this panel of innovative firm leaders as they discuss the current state of AI in accounting, and what it takes to move from experimentation to strategic implementation.
IRS Employees Must Work During Shutdown, AICPA Says
October 03, 2025
The AICPA is renewing its call to except 100% of Internal Revenue Service (IRS) employees for the duration of the shutdown, even beyond the five days already authorized in the agency’s contingency plan.
AI-Driven Spreadsheet Tools: What CPAs Need to Know
October 02, 2025
Emerging AI-enabled, automated data management tools such as Paradigm have the potential to challenge Excel’s current market dominance.
HR 1 Forces Key Virginia Tax Decisions Ahead of 2026 Filing Season
October 01, 2025
The federal budget bill (HR 1) will significantly reshape both national and Virginia tax policy in the coming years. VSCPA will advocate for CPAs’ and taxpayers’ interests during 2026 Virginia General Assembly session.
Virginia to Begin Issuing Tax Rebates
October 01, 2025
In the fall of 2025, taxpayers with a tax liability will receive a rebate of up to $200 for individual filers and up to $400 for joint filers. The Virginia Department of Taxation (TAX) is issuing rebates in the order taxpayers filed their returns.
AICPA Expresses Concern, Urges Immediate IRS Announcement of Contingency Plan in Preparation for Government Shutdown
September 29, 2025
The American Institute of CPAs (AICPA) has sent an urgent letter to Treasury Secretary and Acting IRS Commissioner Scott Bessent, urging the Internal Revenue Service (IRS) to announce its contingency plan in preparation of a government shutdown on Oct. 1, 2025.
IRS Releases Shutdown Plan
September 29, 2025
All IRS staffers will work during the first five business days of a potential government shutdown, according to a lapsed appropriations contingency plan posted Monday, Sept. 29, 2025.
Gen Z is Flocking to Accounting
September 25, 2025
The once-boring job of accounting is now being recognized by Gen Z for what it is: An amazing career with six-figure potential.
MAP Survey Finds CPA Firm Starting Pay Is Rising
September 10, 2025
Lower starting salaries compared to those in other professions have long been seen as a challenge in recruiting students into the accounting talent pipeline. 2025 MAP Survey results released Wednesday show CPA firms are boosting compensation for new graduates.
CPA Licensing Changes Will Hit Half of All States by Year-End
August 28, 2025
While a growing band of states have passed new CPA licensure laws, employers, universities, students and regulators are just beginning to grapple with how the new rules will work.
High School Outreach to Boost the Accounting Pipeline
August 28, 2025
Interactive presentations related to the students’ interests increased awareness and interest in the accounting field, as well as students’ understanding of the profession, their interest in pursuing an accounting degree, and their awareness of diverse career paths.
Young Employees are the Most Engaged, But Hard to Retain
August 06, 2025
Employees under the age of 25 are the most engaged and positive of all employee groups, but many in a recent global report don’t envision working at their organizations long term.