Accounting & CPA — Federal Preemption of Illinois Swipe Fee Law, IRS Form 990 Overhaul, and AI Margin Gains Reshape CPA Landscape on April 28

Accounting & CPA · 2026-04-29

TODAY'S SIGNAL — Three distinct forces are converging on the accounting profession today: regulatory intervention, compliance overhaul, and AI-driven performance pressure. The federal government's move to block Illinois' credit card swipe fee law signals that Washington is reasserting authority over payment economics — a development that directly touches every CPA advising retailers or processing…