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Day: January 29, 2025

NYT Accounting News

Leadership transitions: A chance for change

January 29, 2025
A change in command is a natural time for firms and their leaders to take stock of where they are, and to consider new directions, new ideas and new approaches.
NYT Accounting News

Archeologists uncover tax fraud in ancient Rome

January 29, 2025
Court documents from an ancient tax fraud and forgery case show that tax evasion was an issue even 2,000 years ago.
NYT Accounting News

IRS reduces wait times for some ID theft victims

January 29, 2025
The Internal Revenue Service is making progress on whittling down the amount of time it takes to help victims of tax-related identity theft.
NYT Accounting News

Rupert Murdoch tests how irrevocable a trust can be

January 29, 2025
The media mogul is in court to allow him to change the terms of a trust — but it’s not that easy.
NYT Accounting News

It’s time to modernize the painfully obsolete $150K PAL threshold

January 29, 2025
While other parts of the Tax Code are updated routinely, the passive activity threshold has stayed frozen in time, punishing hardworking Americans.
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