Don't miss the next Town Hall Nov. 20 at 3pm ET

During the Nov. 6 AICPA Town Hall, we discussed the current firm and business landscape, the latest around the government shutdown, and technology trends driving change in the profession. Plus, we covered key technical updates and what you need to know to start year-end tax and financial planning with your clients.

Catch up on-demand or listen on the go with the AICPA Town Hall Podcast. You can also access additional archives and resources at CPA.com/TownHall.

Featured segments:

Profession update: Key trends impacting the profession, including a firm and business outlook.

DC update: Off-year elections, government shutdown negotiations and the Supreme Court tariff case.

Technology spotlight: Rapid growth of generative and agentic AI solutions, and opportunities for firms and finance teams to put them into practice in areas such as tax research.

Technical update: Guidelines for the 2026 filing season and operation updates during the government shutdown.

Year-end tax and financial planning: Guidance around tax bills including SECURE Act and H.R. 1 in preparation for the new year.

Join the next AICPA Town Hall Thursday, Nov. 20 at 3pm ET to hear the latest from DC and the key technical updates you need to know. Plus, CPA.com's Emily Remington, CPA, CGMA, will be joined by BMSS's Michael Brand to discuss trends around audit transformation and ensuring firms are ready for the SQMS No. 1 standard effective date. And, acclaimed leadership speaker Michael Brody-Waite will join to share lessons on how to revolutionize your leadership, challenge your comfort zone and unlock potential in yourself and your team.

Remaining 2025 Town Hall dates:

Nov. 20
Dec. 9 (Tues. 4pm ET - live from DCPA25)
Dec. 18
2026 dates will be shared soon!

Late-breaking news and resources

IRS Lapse Appropriations Contingency Plan
Journal of Accountancy podcast: Shutdown concerns, the quest for tax guidance, the future of IRS service
Navigating the government shutdown resource center
Choose your path with the H.R. 1 MasterClass Series
- Expert-led webcasts delivering deeper insights from top minds in tax. Select the bundle that best fits your needs:
  - H.R. 1 PFP MasterClass Series
  - H.R. 1 Tax MasterClass Series
  - Comprehensive bundle to gain a full perspective
  - Or all eight courses are available to purchase as stand-alone webcasts
- Self-study courses - Your time, your terms: Explore key concepts from the new law with self-study courses:
IRS mandatory e-payments resources
- IRS payment modernization: Sending and receiving funds electronically
- Making electronic tax payments to the IRS
- Tax section resource: Client alert
- IRS payment options
Digital CPA Conference: Dec. 7-10, Washington D.C.
AI tax research
- Blue J AI-powered tax research solution - Get exclusive pricing through the CPA.com partner program. Use code: AICPA2025
- AI Tax Research Solution Outlook Report
- AI Tax Research eBook
2025 year-end planning
- Checklist
- Webcast: Year-End Planning Through the Lens of H.R. 1, Nov 12 at 1pm ET

Top attendee questions from Nov. 6 2025

Q: Can you clarify the rules for inherited IRAs where the decedent has already started their RMDs?

A: For the sake of brevity in this question, I will assume the beneficiary is an adult son or daughter, and therefore a “designated beneficiary” and must withdraw 100% within 10 years of the decedent's death year. The question of a beneficiary's required minimum distributions (RMD) depends on the decedent's death date with respect to their required beginning date (RBD) of April 1 or the year following the date of their death. Note, either situation requires a 100% distribution by the end of year 10.

If death occurred prior to RBD, then the beneficiary has no obligation for a RMD in years 1-9 (even if the decedent took a “RMD” in the year of their death, no RMD was triggered or required because death occurred prior to their RBD.)
If the death occurred on or after their RBD (usually means the decedent already started their RMDs), then the RMDs must come out annually in years 1-9, calculated using the longer of the decedent's or beneficiary's single life expectancy. The relief offered by the IRA for these RMDs for 2021-2024 was not extended for 2025, but no retroactive RMDs are required either.

Keep in mind: The answer will be different depending on the type of beneficiary classification under SECURE rules. The PFP Section members have access to resources which clarify the planning around inherited IRAs.

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