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Day: December 1, 2025

NYT Accounting News

Tax Fraud Blotter: Ouch

December 1, 2025
Carcaught; a big shank; this order’s definitely to go; and other highlights of recent tax cases.
NYT Accounting News

Some gamblers to face new tax on ‘money they never made’

December 1, 2025
A tweak to the deductibility of gambling losses may not bring in a lot of tax revenue, but it could certainly alter a lot of wagers next year.
NYT Accounting News

Students’ misconceptions drive them away from accounting

December 1, 2025
A study found that students underestimate the audit profession’s attractive aspects and overestimate its less appealing aspects.
NYT Accounting News

Why accountants who adopt AI are leading the next era of AP

December 1, 2025
Adding AI shouldn’t be about throwing automation at a problem. It’s more about how accountants use it evolve.
NYT Accounting News

Trump signs IRS MATH Act into law

December 1, 2025
The law requires the IRS to provide a clear explanation of tax-filing errors to taxpayers on its math error notices.
NYT Accounting News

OpenAI Takes Stake in Thrive Holdings, a Buyer of Services Firms

December 1, 2025
The move by the parent company of ChatGPT is meant to help imbue Thrive Holdings’ accounting and I.T. services companies with artificial intelligence tools.
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  • Daniel J. Hellmann, CPA
  • Debra S. Pitschman, CPA
  • Gil Davis, CPA/PFS
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