A recently released book explains a framework for improving a company’s profitability.
Category: NYT Accounting News
IRS mulls regulations for tax credits for scholarships
The IRS and the Treasury are asking for comments on regulations they plan to propose for a new tax credit for donating to organizations that give scholarships.
Trump, GOP head into Thanksgiving without Obamacare premium fix
Republicans are divided on whether to extend premium tax credits, loathed by the GOP’s right flank because of the costs and lingering opposition to former President Obama’s legislative achievement.
Maner Costerisan merges in Baker Holtz
The Regional Leader is expanding its presence in Western Michigan, effective Jan. 1, 2026.
AICPA, NASBA object to Ed. Dept. downgrade of accounting degree programs
The American Institute CPAs, the National Association of State Boards of Accountancy and state CPA societies voiced their objections to a government proposal.
FASB releases hedge accounting standards update
The Financial Accounting Standards Board issued a new accounting standards update aimed at improving its existing hedge accounting guidance.
First-time penalty abatement will soon be automatic
Understanding the authority, eligibility criteria and automation advantages of the program will be essential for firms representing clients before the IRS.
CPA QualityPro releases licensure feature to determine state practice privileges
Accounting firms can determine individual CPAs’ practice privileges in different states under new mobility and substantial equivalency rules.
Time, training significant blocks to tech adoption
People want to use AI and other advanced tech more effectively, but they’re too busy to learn how.
Assessing PE’s ‘great lab experiment,’ four years in
Speakers at Accounting Today’s 2025 PE Summit urged firms to explore the ways private equity is transforming accounting — and their practices.