Blog

If you’ve been waiting for the right time to return to in-person events, this is your moment. Attendance at our fall conferences skyrocketed by 30%. The energy is back, the connections are stronger than ever, and we can’t wait to welcome you.

Paying dues automatically is the easiest way to make sure your WSCPA member benefits don’t expire – it’s a great way to save time and energy every year!

"Our profession continues to navigate an era of rapid, disruptive change. Pipeline challenges, technological advancements, evolving regulations, and shifting client expectations are reshaping the landscape at an unprecedented pace. In this environment, success requires more than adaptation—it demands the courage to lead with confidence." Sarah Funk, WSCPA Chair, looks to the future of the profession in the winter issue of The Washington CPA magazine.

The deadline for Washington CPA Foundation Accounting Scholarship applications is less than a month away. Check out this handy infographic for help breaking down the application process into a few manageable, weekly steps over the next month.

If you’re passionate about strengthening the accounting pipeline by encouraging the growth of a diverse and talented pool of future CPAs while giving back to your community, please consider volunteering as a scholarship reviewer.

As with all taxes, there are a number of steps taxpayers can take to reduce or eliminate their potential liabilities going forward and it is recommended that taxpayers take steps to analyze their potential exposure as soon as possible, in light of the Antio decision.

Effective January 1, 2025, WSCPA CPE programs will no longer be NASBA certified.

The 5th Circuit Court of Appeals has reversed its earlier denial of FinCEN's appeal regarding the BOI injunction. This ruling lifts the injunction and restores the original filing deadline of January 1, 2025.

FinCEN has announced that the January 1, 2025, BOI reporting deadline has been extended to January 13 for most reporting companies.

A vote could come as early as December 18 on the continuing resolution, which would extend the reporting deadline by one year to Jan. 1, 2026.

The upcoming COCPA Peer Review administrative billing will take place via email, with invoices landing in email accounts on Jan. 7, 2025.

Submitting your required CPE for license renewal is easy!

In light of a recent federal court order companies are not currently required to file beneficial ownership information with FinCEN. However, the Justice Department filed a notice of appeal, meaning there is a chance the injunction could be lifted.

The WSCPA submitted a comment letter, dated December 5, 2024, to the AICPA and NASBA outlining a number of concerns with their alternative pathway proposal and proposed changes to the Uniform Accountancy Act.

The U.S. District Court for the Eastern District of Texas has suspended the implementation of the Corporate Transparency Act’s (CTA) Beneficial Ownership Information (BOI) reporting requirements.

In a letter addressed to the U.S. Department of the Treasury and the Financial Crimes Enforcement Network (FinCEN), the WSCPA joined the AICPA to request the Beneficial Ownership Information (BOI) initial filing deadline be delayed by at least one year.

Michael Noreman and Nick Stufano outline a framework of key considerations for accounting in merger and acquisition transactions.

Marcia Holland-Risch, the third Executive Director of the WSCPA, passed away on November 21, 2024.

The current imbalance between supply and demand in the accounting field creates opportunities for professionals in the form of higher wages, enhanced job security, greater flexibility, and additional benefits. Nick R. Fuller details these opportunities in the fall issue of The Washington CPA magazine.

With a shortage of qualified accounting professionals, firms may need to explore alternative solutions. Matthew F. Hersch suggests that overwhelmed companies can optimize their efforts by categorizing their client base and prioritizing the most valuable groups.