News & Updates

True financial wellness isn’t just about crunching numbers — it’s about fostering a holistic approach that builds confidence and security in managing money. By integrating strategies that enhance financial understanding along with emotional well-being, CPAs and accountants can guide clients toward creating lasting habits that lead to long-term financial stability and success.

A USPS final rule clarifies that the date displayed on a machine-applied postmark represents the "date of the first automated processing operation" performed at a processing facility, rather than the date the mail was dropped off. This ruling could significantly affect tax filings.

Many CPA firms have recognized the growing demand for advisory services, yet they often struggle with properly valuing and pricing these offerings. The transition from traditional compliance work to advisory roles presents a significant opportunity for firms, but only if they approach it with the right mindset and strategy. The following six steps will set you on the right path.

Reversing a district court, the Eleventh Circuit held Dec. 16, 2025, that the Corporate Transparency Act (CTA), which mandated beneficial ownership information (BOI) reporting, is constitutional and remanded the case for further proceedings.

This year’s update for tax professionals is available on the Virginia Department of Taxation website. The update includes valuable information about legislative changes to Virginia taxes, reminders, and resources. Running time: 23 minutes

Inspiration. Integrity. Self-awareness. Respect. Compassion. Resilience. These are all common qualities we think of when determining what a successful leader looks like in our current professional environment. For aspiring leaders within the accounting industry, the logical next question is: How does that translate into skills I need to become a successful leader in my company?

Professors from Wharton and UCLA break down the latest research on generative AI and what it tells us about a potential AI bubble.

On Thursday, the IRS released its Criminal Investigation division’s FY 2025 Annual Report, identifying more than $10.59 billion in financial crimes between Oct. 1, 2024, and September 2025.

A remote workforce increases corporate vulnerabilities for perpetrators to exploit. These vulnerabilities often make a company's complex security setup less effective.

The CPA profession now offers dynamic, technology-driven career paths that extend far beyond traditional tax and audit work. One of the most promising paths is client advisory services (CAS), a rapidly growing niche in which accountants combine financial expertise, technology, and business insight to help organizations grow.

A formal, detailed onboarding process is key to helping an external hire add value quickly. Here are six steps to help create your own process.

You need more than a good reputation and proficient performance to differentiate yourself and your brand in accounting organizations where many team members demonstrate exceptional abilities. Establishing a unique personal professional brand (personal brand for short) will enhance your visibility

The VSCPA joined the AICPA and other state societies to urge the U.S. Department of Education to including accounting programs leading to CPA licensure within its definition of "professional degree."

The VSCPA, along with the American Institute of CPAs (AICPA) and other state CPA societies, strongly opposes any proposal that fails to recognize accounting as a professional degree program.

Nearly all (97%) of leaders said they are willing to pay more to partner with audit firms that leverage advanced technologies, according to BDO’s Audit Innovation Survey.

Merging the IRS office that regulates credentialed tax practitioners with another office that deals with uncredentialed return preparers would confuse the public and could harm the tax system, the AICPA said in a letter to the leaders of those offices.

The IRS just came out of the longest government shutdown, but the deal that ended the stalemate funds the agency only through Jan. 30, just as filing season is about to begin. And that’s a concern for taxpayers and tax practitioners, two former IRS commissioners told reporters Tuesday at the 2025 AICPA National Tax Conference.

Long-time VSCPA member and speaker Art Auerbach, CPA, CGMA, received the Arthur J. Dixon Memorial Award, the AICPA's highest honor given in the tax area.

The only way to stay ahead of cyberattacks next tax season is to move from a reactive mindset to a proactive security strategy. Always assume that someone, somewhere, is using AI to test your defenses. Your job is to ensure they fail.

Though Congress ended the record-setting federal government shutdown, many questions remain for states that were already wading through seismic federal changes.