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Category: NYT Accounting News

NYT Accounting News

IRS can only give ICE tax data in deportation, criminal cases

May 15, 2025
By agreeing to share taxpayer data at all, the Internal Revenue Service is taking an unprecedented step that breaks with longstanding assurances.
NYT Accounting News

NJCPA backs additional path to CPA licensure

May 15, 2025
The New Jersey Society of CPAs is proposing an additional pathway to obtain CPA licensure, supporting a bill that would modify New Jersey’s Accountancy Act.
NYT Accounting News

Armanino expands into Utah

May 15, 2025
Top 25 Firm Armanino has added Salt Lake City-based Cooper Savas.
NYT Accounting News

Mauldin & Jenkins merges in Bradshaw, Gordon & Clinkscales

May 15, 2025
The Top 75 Firm based in Atlanta is expanding into Greenville, South Carolina, effective June 1, 2025.
NYT Accounting News

IAASB offers guidance on going concern

May 15, 2025
The International Auditing and Assurance Standards Board released information on its new standard, while the International Public Sector Accounting Standards Board has an exposure draft on materiality.
NYT Accounting News

Guiding clients through property tax turbulence

May 15, 2025
What many taxpayers do not realize is that their property tax assessment can — and in many cases should — be reviewed and appealed.
NYT Accounting News

FASB releases standard on share-based consideration

May 15, 2025
The changes deal with the intersection of the requirements of FASB’s revenue recognition and stock compensation standards as they involve customers.
NYT Accounting News

Republican tax plan targets clean-energy supplies tied to China

May 15, 2025
The move would constitute “a complete death” for energy projects that rely on global supply chains for solar cells, magnets, batteries and other materials.
NYT Accounting News

NY Republicans signal possible $80K SALT cap

May 15, 2025
Rep. Nicole Malliotakis said there’s an “opportunity” to grow the $30,000 state and local tax deduction cap offered by House GOP leaders in negotiations.
NYT Accounting News

GOP tax bill seen masking more than $1T US debt hit

May 15, 2025
The cost of the draft plan for sweeping tax cuts weighed in at $3.8 trillion over the next 10 years in one official estimate. The reality is likely much higher.

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