A Staten Island judge said the city improperly published property information and wrongly required homeowners to apply for exemptions.
Category: NYT Accounting News
IRS postpones due dates for taxpayers in Israel
The IRS announced additional relief for eligible taxpayers affected by the ongoing conflict, postponing due dates for returns and payments until Sept. 30, 2027.
IRS scraps more old guidance
The Internal Revenue Service is ditching 71 revenue rulings, revenue procedures, notices and announcements it previously published.
If you’re still filing tax returns on paper, I have bad news
The trend line points toward paper becoming slower relative to electronic filing every year, not less slow.
PCAOB seeks nominations for IAG and SEIAG
The Public Company Accounting Oversight Board is looking to fill upcoming vacancies on its Investor Advisory Group, as well as its Standards and Emerging Issues Advisory Group.
In the blogs: Help from Uncle Sam
The audit letter; race-conscious policies; long-short strategy; and other highlights from our favorite tax bloggers.
CFOs spending heavily on AI
Corporate finance leaders are feeling bullish about their business’s financial prospects, but many are worried are going over budget on artificial intelligence.
New KPMG group incubates AI-native startups within the firm
KPMG launched the new Client Technology and Innovation group, which will develop and launch AI-native businesses that operate like independent startups with their own founders, funding and staff.
Sorren adds two Mid-Atlantic firms
The Top 50 Firm acquired Alta CPA Group in Annapolis, Maryland, and Zinman & Company in Southampton, Pennsylvania, continuing its wave of dealmaking.
The token has been transferred, but has the asset left the balance sheet?
FASB has not yet definitively determined which transactions will qualify as crypto asset lending transactions.