Tax, accounting, auditing news - Journal of Accountancy

June 4, 2026

5 state CPA societies merge

The CPA organizations of Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont have approved a merger to form the New England Society of CPAs.

June 4, 2026

Optimism mixed among US finance leaders

CPA decision-makers in business and industry are less optimistic about the U.S. economy now when compared with the first quarter of this year, but they are slightly more optimistic about their own organizations, according to an AICPA and CIMA survey.

June 3, 2026

SEC shares 3 goals in proposed 2026–2030 strategic plan

The commission is accepting comments on the draft through July 2.

June 2, 2026

6 top scorers on CPA Exam earn Elijah Watt Sells Award

Of more than 87,000 CPA candidates who sat for the CPA Exam in 2025, a half dozen passed all four sections on their first attempt while recording a cumulative average score above 95.5.

June 2, 2026

IRS proposes increase in cost of estate tax closing letter

Proposed regulations issued Monday would raise the cost of the letter to $76, from the $56 set in 2025.

June 1, 2026

Most retirees worry about savings — but few use financial advisers

Less than one-third of retired Americans in a recent survey reported working with a financial adviser, even though nearly 7 in 10 are concerned about managing their income throughout retirement.

June 1, 2026

HSA inflation-adjusted maximum contribution amounts for 2027 announced

Rev. Proc. 2026-24 also includes the revised maximum amount that may be made newly available for excepted-benefit health reimbursement arrangements and the aggregate monthly fees allowable for direct primary care service arrangements.

June 1, 2026

Two AICPA committees unveil proposed strategic plans for next 4 years

The Peer Review Board and Professional Ethics Executive Committee are accepting feedback on their proposed plans for 2027–2030.

May 29, 2026

IRS appeals Kwong as advocate says refunds may be at stake

The IRS filed an appeal of the Court of Federal Claims’ Kwong decision, in which the court held that the filing deadline for refund claims for penalties and interest was automatically extended by Sec. 7508A(d) due to the COVID-19 disaster declaration.

May 29, 2026

FROM THIS MONTH'S ISSUE

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