Resources

The Washington CPA Foundation continues its mission to strengthen and expand the accounting profession by investing in programs that inspire and support the next generation of CPAs.

Fall is here and for many of us, that means football season! Whether you're watching your alma mater on Saturdays or your favorite pro team on Sundays, football reminds us that success requires agility, teamwork, and the ability to adapt mid-play. The same is true for our profession.

At the Membership Summit on June 12, WSCPA members shared their thoughts on emerging technologies, talent, and firm growth/profitability. What emerged was a clear view of the challenges facing firms and the opportunities they see for the future.

Major changes to Washington state's estate tax, effective July 1, 2025, are set to reshape estate planning strategies for residents and nonresidents alike. Under the new legislation, the estate tax exclusion increases from $2.193 million to $3 million, providing some relief to moderate estates. However, this is counterbalanced by a significant rise in the top estate tax rate from 20% to 35%, cementing Washington’s position as the state with the highest estate tax rate in the nation. These updates make proactive estate planning not just advisable, but essential.

The 2025 Washington State legislative session ended with the largest combination of tax increases in the state’s history. Various changes will affect nearly every industry in Washington as well as CPAs, their clients and firms.

In response to sweeping changes in CPA licensure requirements set to take effect across many states starting Jan. 1, 2026, CPA QualityPro, a groundbreaking compliance platform for accounting firms, officially launched today, with strategic backing from the Florida Institute of CPAs and the Washington Society of CPAs.

How can you unlock AI’s full potential for your business? Randy Johnston recommends starting with clear objectives, a solid plan for protecting your data, and a thoughtful approach to upfront costs.

The Washington CPA Foundation awarded more than $37,000 in grants to local organizations this year. These organizations all had programs or events designed to improve the diversity of the CPA and accounting pipeline in our state.

Curious about how small businesses and HR leaders view AI? Marc Dovi breaks down the data and explores both the positive impact AI is having on small businesses and the concerns leaders still have about adopting it.

Whether you’re new to the profession or are already a seasoned pro, these career insights will help you find success and fulfillment in the accounting profession.