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BOI Update: FinCEN Removes BOI Reporting Requirements for US Companies and Persons, Sets New Deadlines for Foreign Companies

March 21, 2025

Here are the latest updates on the Beneficial Ownership Information (BOI) reporting requirement

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Apply Now for Board of Accountancy Executive Director Role

March 11, 2025

Do you want to be the Executive Director of the Washington State Board of Accountancy? This governor-appointed position is now open.

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Meet the Nominees for the 2025-2026 WSCPA Board of Directors

March 06, 2025

The Board of Directors is pleased to announce the nominees for the Society's 2025-2026 Board of Directors.

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Alternative Pathways to Licensure Proposed Nationally

March 04, 2025

On Tuesday, March 4, the AICPA and NASBA proposed updates to the Uniform Accountancy Act (UAA) that would allow for an alternative pathway to licensure and enhanced mobility.

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Beyond the Basics

February 28, 2025

"CPA firms can redefine their role in their clients' lives, evolving from service providers to trusted advisors capable of navigating the complexities of modern finance and business. In a world where technology is handling the basics, it's time to focus on the unique human insights that only you can bring." Matthew Hersch identifies strategies to move your CPA firm to the next level in client service.

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Antio Legislation Introduced

February 24, 2025

During the last week, two legislative bills were introduced to address the Antio, LLC vs. Dept. of Revenue Washington Supreme Court decision from last October.

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Flipping the Script: How CPAs Can Rewrite the Profession's Story

February 21, 2025

While an accounting career can lead to exciting, rewarding work, too often the profession’s negatives get highlighted. Here’s how CPAs change the narrative and tell a better story to support the talent pipeline.

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IRS Workforce Reductions

February 18, 2025

"The U.S. Internal Revenue Service is preparing to fire thousands of workers in the coming days, a move that could squeeze resources at the tax-collecting agency during the critical tax-filing season, two people familiar with the matter said." - Reuters

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AICPA, NASBA propose additional path to CPA licensure, individual mobility (Journal of Accountancy)

February 14, 2025

Proposed Uniform Accountancy Act changes would support a path featuring a bachelor’s degree and two years of experience, as well as a mobility model necessary to protect the ability of a CPA to practice in multiple states.

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How Interactive Dynamics in Audit Workpaper Reviews Drive Quality and Growth

February 14, 2025

Audit teams, who have traditionally depended on in-person communication, face unique challenges and opportunities with the rise of digital communication. This article presents insights and strategies audit teams can use to refine their approach and maintain high-quality outcomes.

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WSCPA Launches 'Recent Federal Actions' Group with Resources

February 12, 2025

In recent weeks, the Trump Administration has introduced several Executive Orders and undertaken other significant actions within the Executive Branch. Given that many of these decisions have broad implications for WSCPA members, the WSCPA has curated a set of resources, organized by industry and relevant topics, to keep you informed.

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Back in Action: The In-Person Comeback

February 10, 2025

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.

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How to Set Up Automatic Dues Payments and Update Saved Cards

February 03, 2025

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!

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Leading with Purpose: Shaping the Future of Accounting in a Time of Transformation

January 24, 2025

"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.

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Tips to Completing Your Accounting Scholarship Application On Time

January 21, 2025

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.

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Volunteer as a Scholarship Reviewer for the Washington CPA Foundation

January 07, 2025

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.

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Antio: Washington Supreme Court Upholds Department of Revenue’s Efforts to Narrow B&O Tax Investment Deduction

January 06, 2025

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.

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Important: NASBA Certification Change for WSCPA CPE

December 31, 2024

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

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Court Lifts Injunction on BOI Reporting, Restoring Jan. 1 Filing Deadline

December 23, 2024

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.

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FinCEN Announces BOI Reporting Deadline Extensions

December 23, 2024

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

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