Category: NYT Accounting News

Plus, Bonadio names a new CHRO; Rea appoints its first-ever chief growth officer; and other firm and personnel news from across the profession.

Investors who have taken advantage of opportunity zones may be facing hefty tax bills on their long-deferred capital gains unless they do some careful planning.

While many companies are insisting employees return to the office, accounting and payment platform Bill is going the opposite direction, announcing that it is going to become a remote-first workplace.

The core issue is not that small firms are fundamentally worth less; it’s that they lack access to buyer competition.

The Treasury Department escalated an effort to strip schools of their tax-exempt status if they consider race in admissions, scholarships or other areas.

Many of the tools Jeffrey Epstein employed in the tax transactions cited in a report have been used by other billionaires to generate massive tax savings.

Charleston, West Virginia-based Gray Griffith & Mays acquired Lambright & Gutta, effective as of Sept. 2.

Lancaster, Pennsylvania-based Trout CPA acquired Schiff & Associates, expanding the firm’s dental advisory practice.

The deal expands the Top 25 Firm’s assurance and consulting practice, and strengthens its industry and service capabilities.

The Financial Accounting Standards Board posted a proposed accounting standards update with targeted improvements to the Accounting Standards Codification.