Addressing Misconceptions About the Evolving CPA Licensure Requirements Recent discussions around changes to CPA licensure have sparked questions and, in some cases, misconceptions. Here, executive leaders from six of the largest state CPA societies offer further clarity on the issue and dispel some myths about what comes next.

Another Attempt at ‘Leveling’ Illinois’ Sales Tax Despite the Illinois General Assembly’s latest legislative move to further level the playing field for out-of-state retailers, problems persist.

How CPAs Can Maximize Clients’ Savings Through R&D Tax Credits Businesses of all sizes can qualify for significant tax savings through research and development credits. Here are some tips for CPAs to consider.

Hashing Out Illinois’ New Sales Tax on Leases Following years of negotiations, changes to the sales tax on leases of tangible personal property will go into effect on Jan. 1, 2025.

Heading Toward a Professional Services Tax A series of budget pressures are creating the perfect storm for a professional services tax to surface in Chicago.

Lights, Camera, Fiscal Action Ahead With the latest state operating budget over the finish line, the stage is now set for a challenging 2026 fiscal year.

CPAs’ Important Role in Navigating ESG Requirements As the ESG landscape evolves, CPAs’ responsibilities will likely only become greater. To prepare their organizations for the future, here’s what CPAs and other accounting professionals should consider.

How CPA Firms Can Prepare for Illinois’ Pay Transparency Law Beginning Jan. 1, 2025, employers in Illinois will be required to disclose salary ranges in job postings. Here’s what CPA firms and other organizations can do now to prepare.

ESG Refocused: The Clock Is Ticking on Mandatory Sustainability Reporting With a plethora of new requirements coming into focus, sustainability reporting is quickly becoming a business imperative. Experts say now’s the time for organizations to act before it’s too late.