Category: NYT Accounting News

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.

A study found that students underestimate the audit profession’s attractive aspects and overestimate its less appealing aspects.

Adding AI shouldn’t be about throwing automation at a problem. It’s more about how accountants use it evolve.

The law requires the IRS to provide a clear explanation of tax-filing errors to taxpayers on its math error notices.

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.

CFOs are facing a convergence of pressures that make digital transformation not just attractive, but essential.

Plus, enhancements for TaxWiseOnline; EY announces EY.ai Tax Labs service; Vertex launches Configuration Agent for MS Dynamics 365; and other accounting tech news and updates.

How can tax leaders “open the lid” enough to deliver the right transparency and accountability, without unleashing unmanaged data flows and compliance risk?

The American Institute of CPAs has sent a letter to the Multistate Tax Commission recommending changes in a proposed approach to sourcing of partnership income.

The American Accounting Association is calling on the Department of Education to reverse course after proposing to remove accounting from its definition of “professional degree” programs.