Category: NYT Accounting News

In Notice 2025-69, the IRS and the Treasury offer clarifications and examples of how to claim the One Big Beautiful Bill Act deductions.

Another downgrade by Moody’s hit the manufacturer of mini motors’ stock price.

Empire State Gov. Kathy Hochul signed a bill into law that will create an additional pathway to CPA licensure — the latest state to pass changes to licensure requirements.

Staff have begun working through the backlog of correspondence and messages, and are expected to begin reaching out to tax pros and taxpayers soon.

It’s more than possible for firms to forego private equity investment — but it requires serious planning and discipline.

Intuit has announced a multiyear partnership with OpenAI to develop branded finance apps that can be accessed directly within ChatGPT, a deal worth over $100 million.

Financial Accounting Foundation appoints new trustees; MGO business management professionals awarded industry accolades; and more news from across the profession.

Top 75 Firm Sax acquired SCL Consulting in Maryland, effective Nov. 14, 2025, strengthening its client advisory services and growing its Mid-Atlantic footprint.

Plus, Schellman becomes the first U.S.-based body for MTCS certification; Intuit launches partnerships with Cherry Bekaert, Rehmann; and other accounting tech news.

The One Big Beautiful Bill Act offers a striking example of how policy design can favor businesses over individual taxpayers, particularly young professionals.