Blog

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.

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.

During a WSCPA Member Exclusive webinar held earlier this year, Daniel Nguyen-Fleming, WSCPA Director of Membership, talked with several CPAs who are committed to making a difference through volunteerism and giving back to the profession.

In a 7-2 decision, the Washington Supreme Court upheld the Department of Revenue’s reversal of its long-standing interpretation of the Business and Occupation (B&O) tax investment deduction in Antio LLC v. Department of Revenue, Wash., No. 102223-9. 

Tara Butler Floch has a saying, "If it doesn't serve, it doesn't serve." When we act in service of someone or something and it doesn't serve us, it doesn't serve anyone.

WSCPA is committed to equipping our members with the tools they need to thrive in today’s challenging environment. We’ve trained three members of our executive team in strengths-based training, so they can bring this powerful approach to your organizations and our broader community. This combination of leadership experience and a focus on strengths positions us to help your organization tackle key challenges, such as short staffing, high turnover, and a shrinking talent pipeline.

"In the next year or two most states will adopt changes to their licensure and mobility laws. What the final laws will look like remains to be seen but the movement to change away from the current 150-hour education requirement and toward pathways for baccalaureate graduates and competency-verified experience is certain." Mike Nelson, WSCPA Manager of Government Affairs, provides the latest updates on evolving licensing laws across the states.