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Day: May 9, 2025

NYT Accounting News

AI great at simple tasks but struggles with complexity

May 9, 2025
Artificial intelligence has indeed led tech-forward firms to be more efficient and productive, but at the same time firms have found it still struggles with precision and accuracy, limiting its usefulness.
NYT Accounting News

Staten Island’s Malliotakis open to $30K SALT cap

May 9, 2025
The debate over state and local tax deductions has been a thorny fight because it’s a political priority for a small but vocal group of Republicans.
NYT Accounting News

GOP eyes endowment tax hike in escalation of Ivy League feud

May 9, 2025
The proposal would create a tiered system of taxation so that wealthy colleges and universities pay more as the size of their endowment grows.
NYT Accounting News

PCAOB gives more help on quality control standard

May 9, 2025
The videos cover roles and responsibilities, ethics and independence, people resources, and technological and intellectual resources.
NYT Accounting News

Tech news: KPMG rolls out AI trust service

May 9, 2025
Plus, EY announces Integrated Finance Managed Service; Ignition debuts AutoCollect solution; and other accounting tech news and updates.
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