CPA Now Blog Archive

CPA-PAC receives no funding from PICPA membership dues; every dollar comes from voluntary contributions. So, your participation is essential to ensuring the PICPA remains an influential advocate for the CPA profession in Pennsylvania.

Accountants face a variety of internal and external interpersonal pressures during normal business operations. The smooth and timely resolution of these difficult conversations is more than just a soft skill. It is critical for both employee retention and the firm's financial health.

Behind every audit there is a client dealing with various business needs and everyday operational struggles. Auditors should not only know the audit process on their end, but they should also try to understand the client’s point of view. Understanding a client’s challenges allows auditors to communicate more effectively and anticipate concerns.

This blog looks at state tax nexus and how it has evolved through the years, from a strict physical presence standard to one that now incorporates economic nexus.

Financial technology (FinTech) companies are at the forefront of innovation, leveraging technical advances to transform financial services. As such, FinTech companies can benefit from research and development tax credits.

When accounting firms build partnerships colleges it can play a vital role in improving accounting education and filling the pipeline. Beyond just internships, a partnership provides numerous opportunities to encourage students to pursue the accounting profession.

Employees are more likely to stay when they feel seen, heard, and valued. That starts with leadership that listens, supports, and invests in their growth.

The Model Context Protocol (MCP) is a relatively new term related to generative AI (GenAI), but it is one that those in accounting should become familiar with. MCP makes it easier for today’s GenAI solutions to work with your applications, online services, and computer.

In an increasingly competitive market CPAs need to stand out, and they can do so through content marketing. Content marketing is about sharing your knowledge and providing value through engaging, helpful, and educational content. And by showcasing your expertise, you can position yourself as a thought leader in your field, building trust and attracting clients.

Flexible spending accounts are an employee benefit where money can be withheld from a paycheck, pretax, to be used to pay for permitted medical expenses. There is a benefit available to FSA participants that is often overlooked: the payment for vitamins and supplements taken for a specific medical condition.

With the repeal of Section 174’s mandatory capitalization provision under the recently enacted One Big Beautiful Bill Act , the landscape has shifted for R&D tax incentives.

The importance of securing sensitive information has never been more critical for accounting firms. In fact, it is vital that firms have a written information security plan, also known as a WISP.

You may encounter a client or potential client who has a substantial portion of their retirement portfolio invested in their employer’s stock. Even though they may have done quite well up to that point, and fully expect the good times to last, often these good times come to a screeching halt and your client may be left holding the bag.

PICPA’s latest report guides CPA firms through AI, cybersecurity, and digital transformation. It highlights key adoption barriers and real-world tech use cases, urging firms to act now or risk falling behind.

Identifying prospects who require CPA services and are ready to engage can be daunting. CPA firms need efficient, data-driven solutions to streamline lead generation efforts. This is where artificial intelligence (AI) can be a big help.

PICPA announced the passage of Act 27 of 2025, a new law creating a more flexible pathway to CPA licensure in Pennsylvania. The bill allows candidates to qualify with a bachelor’s degree, two years of experience, and the CPA exam—expanding access while upholding professional standards.

The PICPA has pushed landmark legislation through the General Assembly aimed at modernizing and improving access to becoming a CPA. Act 27 is a commonsense and clear solution to help address the state’s shortage of CPAs by allowing multiple paths to licensure.

The prospects of Pennsylvania Senate Bill 719 -- legislation that updates Pennsylvania’s CPA Law to allow for an additional licensure pathway -- and PICPA’s Day on the Hill advocacy event converged this year to create an atmosphere of energy and purpose. And PICPA members' outreach efforts carried the day!

When protecting your organization from cybercriminals, it is essential to understand what needs safeguarding to set up appropriate the safeguards. The key is combining strong technical controls, solid processes, and regular user training.

To many young professionals, internal controls often feel like a tedious chore. Not so! Young professionals need to step beyond this view and gain a robust understanding of why internal controls, in all businesses, are crucially important.