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Vermont Society of Certified Public Accountants
News
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Showing Articles: 1–6 of 6
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Feb 3, 2026
U.S. Department of Education clarifies "professional" degree in proposed rule
The U.S. Department of Education issued a Notice of Proposed Rulemaking (NPRM) regarding the cost of higher education and student loan repayment. This clarified the DOE's… -
Feb 2, 2026
IRS Contingency Plan For Potential Government Shutdown
On Friday, January 30, 2026, the IRS posted a contingency plan for a potential government shutdown. Under the plan, effective until February 7, 2026, all IRS employees will continue working. The contingency plan uses… -
Jan 15, 2026
Legislation to establish additional CPA licensure pathway introduced in VT
Legislation has been introduced in the Vermont legislature to include the additional pathway for licensure as H.707 sponsored by Representatives Charlie Kimbell and Carolyn Branagan. Similar legislation has already been passed in over 20 states and introduced in over 10 more. Read the bill by clicking on the link… -
Dec 23, 2025
Responding to the DOE about including Accounting as a profession--updated December 23, 2025
As you likely already know, the U.S. Department of Education has proposed a definition of "professional degree" that does not include accounting. The potential change will impact our profession as well as others including nursing and architecture. It will impact the level of financial supports students receive. This will… -
Nov 22, 2025
US Department of Education considers change to "professional" designations
There is a recent initiative by the Department of Education to revise the parameters used to classify degrees within the "professions" category. This potential change will impact careers include nursing, architecture, and accounting, as well as others. This reclassification could impact the level of financial support… -
Nov 10, 2025
IRS suspends Direct File Program
The U.S. Treasury has announced that the IRS will suspend its Direct File tool. It will shift focus to improving the Free File program, which is a longstanding partnership with private tax software providers. The decision was outlined in a r<a…