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Day: September 30, 2025

NYT Accounting News

SEC reduces cost of consolidated audit trail

September 30, 2025
CAT expenses are forecasted to drop an additional $20 million given the SEC’s order and other cost-saving measures.
NYT Accounting News

IRS postpones tax deadlines for taxpayers affected by Israel terror attacks

September 30, 2025
The Internal Revenue Service is postponing until Sept. 30, 2026, a wide range of deadlines.
NYT Accounting News

Small business job and wage growth stayed steady in September

September 30, 2025
Small businesses with fewer than 50 employees maintained steady job growth and hourly earnings growth this past month, according to payroll company Paychex.
NYT Accounting News

EV tax credits are ending, but auto makers hope to extend them

September 30, 2025
The One Big Beautiful Bill Act is abruptly curtailing the $7,500 tax credit for new electric vehicles and $4,000 for used EVs.
NYT Accounting News

FASB proposes guidance on paid-in-kind dividends

September 30, 2025
The proposed ASU offers guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.
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  • Daniel J. Hellmann, CPA
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  • Gil Davis, CPA/PFS
  • Evan Callahan, CPA
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