NY may need to decouple to avoid federal tax law hit
New York State's revenue could feel the impact of the One Big Beautiful Bill Act unless it makes changes in its tax laws.

Looming cutoff of Windows 10 a challenge to stragglers
With Microsoft aiming to end most support for Windows 10 in October, the newest version may require some stragglers to replace their old devices.

Elephant IRAs: Why wealthy clients face tax risks (even with Roths)
The numbers look gaudy, but potential estate taxes and prohibitions on future strategies make the big retirement accounts much less appealing, two experts said.

IRS releases draft Schedule 1-A for tips, overtime and more
The Internal Revenue Service has posted a draft version of Schedule 1-A that will be used next tax season when claiming new tax breaks.

Internal audit and the CFO: 5 safeguards to independence
CFOs are likely to use internal audit to address key risks in their areas of responsibility, potentially excluding other areas of risk.

Trump says companies should report earnings every six months
President Donald Trump said companies should not be forced to deliver earnings reports on a quarterly basis, saying he preferred a six-month schedule he cast as saving businesses time and money.

IRS to phase out paper checks by end of September
The Internal Revenue Service, the Treasury and other parts of the government plan to phase out the use of paper checks for payments by the end of this month.

Internal auditors expand their scope
The internal audit profession has been grappling with a greater array of responsibilities beyond checking up on corporate finances, including vetting companies' cybersecurity and use of artificial intelligence.

Tech news: Accordance touts 'AI brain' for accountants
Plus, AuditDashboard announces 8.0 release with Microsoft 365 and Copilot integration; Audit Sight releases new analytics module for insights; and other accounting tech updates.

ConvergenceCoaching, NYCPA launch leadership program
The program, designed for young accountants, begins September 24 and includes six virtual sessions worth 12 CPE credits.