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November 2025 Recap: Compliance & Regulatory Insights in 10 Mins
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Subscribe02 DEC 2025 / MONTHLY REGULATORY CAPSULE
In November, the IRS introduced new rules and deductions in areas such as cryptocurrency, tax relief on tips and overtime, retirement funds and farm loan refinancing. At the same time, the Financial Accounting Standards Board (FASB) has updated hedge accounting and cryptocurrency transfer accounting rules, and revised purchased loan accounting standards. These changes matter as they will affect tax commitments and reporting responsibilities for individuals and businesses, and influence the future trajectory of the finance profession.
November felt like the kind of month where every regulator decided to grab a microphone at once. The IRS rolled out new deductions, new limits, and new crypto rules while still digging out from the longest shutdown in U.S. history. FASB stayed busy too, t...
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