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Day: September 8, 2025

NYT Accounting News

IESBA offers guidance on using external experts, sustainability assurance

September 8, 2025
The International Ethics Standards Board for Accountants posted two new publications from its staff on two of its recent standards.
NYT Accounting News

Early-career accountants overestimate their skills

September 8, 2025
Early-career accountants rated their skills higher on average compared to how managers rated them, according to an Illinois CPA Society report.
NYT Accounting News

IRS plans to close 9 Taxpayer Assistance Centers

September 8, 2025
The Internal Revenue Service intends to shut down nine in-person Taxpayer Assistance Centers in six states as part of the administration’s cost-cutting moves.
NYT Accounting News

5 tax challenges that beg for better tools for financial advisors

September 8, 2025
Cerulli’s research based on a survey of wealth and asset management firms suggest that firms have only just begun to address clients’ comprehensive planning needs.
NYT Accounting News

Bad tax advice on social media leads to $162M in IRS penalties

September 8, 2025
The Internal Revenue Service has hit taxpayers with over $162 million in penalties for claiming fraudulent tax credits touted on social media.
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