New Quality Management Standards & Peer Review
Consider how the peer review process will work under the new quality management standards that firms providing audit and accounting services should implement by Dec. 15, 2025.
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TXCPA Continues Advocacy on PTET Issues
TXCPA, AICPA and 52 other CPA societies sent a letter to the Senate Committee on Finance on June 6 urging the retention of the ability for all pass-through entities to deduct state and local taxes at the entity level.
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Time Sensitive Communication with the IRS
The TXCPA Federal Tax Policy Committee expressed concern to the IRS about delays in the processing of time-sensitive taxpayer correspondence, often due to both postal service slowdowns and inefficiencies within the IRS.
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Pass-through Entity Tax
Proposed federal tax legislation could significantly raise taxes on millions of small and mid-sized businesses by eliminating the deductibility of Pass-through Entity Taxes (PTET).
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