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Day: August 19, 2026

NYT Accounting News

IRS sets up conservation easement office, ends settlement process

August 19, 2026
The IRS has created a new Office of Conservation Easements and plans to change the process for settling disputed claims for the lucrative tax breaks.
NYT Accounting News

IRS updates guidance on overtime deduction

August 19, 2026
The Internal Revenue Service has updated the questions and answers in its fact sheet on the new overtime deduction under the One Big Beautiful Bill Act, now known as the Working Families Tax Cuts.
NYT Accounting News

Northeast firms merge as BST Gallagher Flynn

August 19, 2026
Latham, New York-based BST & Co. and South Burlington, Vermont-based Gallagher, Flynn & Co. completed a merger.
NYT Accounting News

IRS proposes rules to deny tax credits to undocumented immigrants

August 19, 2026
Proposed regulations would prohibit undocumented immigrants from receiving much of the money from refundable tax credits such as the EITC, CTC and AOTC.
NYT Accounting News

CRI grows gov’t accounting arm

August 19, 2026
The Top 25 Firm acquired Trace Advisory in Ridgeland, Mississippi, expanding its ability to serve government entities and public-sector organizations.
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  • Daniel J. Hellmann, CPA
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