Blog
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.
BOI Update: Injunction Lifted; FinCEN Extends Reporting Deadline to March 21
February 19, 2025
On February 17, the district court in the Samantha Smith case signed an order lifting the injunction, and on February 19, FinCEN extends reporting deadline to March 21, 2025.
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
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.
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.
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.
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.
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!
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.
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.
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.
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.
Important: NASBA Certification Change for WSCPA CPE
December 31, 2024
Effective January 1, 2025, WSCPA CPE programs will no longer be NASBA certified.
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.
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.
BOI reporting deadline extension proposed in House budget bill
December 18, 2024
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.
Watch Your Email: Peer Review Administrative Billing Coming in January
December 18, 2024
The upcoming COCPA Peer Review administrative billing will take place via email, with invoices landing in email accounts on Jan. 7, 2025.
Export CSV File of Your WSCPA CPE Transcript for License Renewal
December 13, 2024
Submitting your required CPE for license renewal is easy!
BOI Enforcement Suspended; Requirements Remain
December 09, 2024
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.
Proposal for Alternative Pathway to CPA Licensure: WSCPA Responds with Concerns
December 05, 2024
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.