AICPA Advocacy

TOPICS

March 25, 2026

How listening is shaping ‘incredible’ year for AICPA Chair Lexy Kessler

Kessler has shared plenty of perspective with members and students around the globe, and the perspective she has gained from them in return has highlighted her year of service.

March 20, 2026

AICPA seeks clarity on revamped paid family leave credit rules

The request came in an AICPA letter to Treasury and the IRS seeking guidance on how employers should implement changes to the paid family leave credit.

March 16, 2026

Private Company Council issues annual report

The report highlights the activities of the group charged with working with FASB to improve the process of setting accounting standards for private companies.

March 16, 2026

AICPA pushes IRS to ease and expand first‑time abatement rules

The recommendations include allowing taxpayers to rely on substitute reasonable cause when appropriate, permitting them to reserve the automatic first-time abatement for future use.

March 10, 2026

US, Canada, Mexico extend CPA mobility agreement through 2028

The AICPA and the National Association of State Boards of Accountancy are among the group of entities reaffirming a smooth path for accounting professionals to practice across North American borders.

March 2, 2026

Senate bill targets preparers who break the law, expands IRS reforms

The AICPA supports the Taxpayer Assistance and Service Act but seeks further improvements.

February 27, 2026

AICPA asks Department of Education to list accounting as a professional degree

In a comment letter, the AICPA asks that the department’s new rule related to student loan limits either list accounting as a “professional degree program” or retain current language stating that “professional degrees may include but are not limited to” the list in a notice of proposed rulemaking.

February 27, 2026

IRS should open Trump accounts for eligible children automatically, AICPA says

In a letter to the IRS and Treasury, the AICPA said enrolling children by default “would promote equitable access, reduce procedural barriers, and strengthen the intended reach of the program.”

February 26, 2026

COSO creates audit-ready guidance for governing generative AI

The Committee of Sponsoring Organizations of the Treadway Commission’s publication relies on its proven internal control framework to help companies manage AI-related risks.

February 20, 2026

AICPA seeks guidance on Sec. 174A(c) capitalization and amortization of R&E

Requested guidance can be provided through modifications to Rev. Proc. 2025-28 and/or other published guidance.

FROM THIS MONTH'S ISSUE

Cannabis dispensary denied ERC

The Court of Federal Claims held that Sec. 280E, which prohibits deductions and credits for businesses trafficking in controlled substances, applies to the employee retention credit (ERC), including its refundable portion, and denied a cannabis business’s claim for a refundable ERC.