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Category: NYT Accounting News

NYT Accounting News

Why automation doesn’t fix broken finance processes

May 21, 2026
Many organizations are trying to scale automation on top of processes that were never designed for consistency or repeatability.
NYT Accounting News

KPMG enters alliance with Anthropic

May 20, 2026
The alliance with Anthropic will embed Claude Cowork into KPMG’s global client delivery platform, beginning with tax and legal clients.
NYT Accounting News

Intuit to lay off 17% of workforce

May 20, 2026
Intuit chairman and CEO Sasan Goodarzi announced the layoffs in a company-wide message.
NYT Accounting News

SEC semiannual reporting option stirs friction

May 20, 2026
The Securities and Exchange Commission’s proposal for a semiannual reporting option has quickly provoked debate.
NYT Accounting News

Intuit to sunset ProAdvisor Program, launch new ProPartner Accountants program

May 20, 2026
Early next year, Intuit’s ProAdvisor Program will be replaced with a new Intuit ProPartner Accountants program, integrated with Intuit Accountant Suite.
NYT Accounting News

State AGs sue to stop Education Department loan restrictions

May 20, 2026
Attorneys general from 25 states and D.C. are suing the administration over rules limiting loans for graduate students in accounting and other professions.
NYT Accounting News

In the blogs: Rainy days and Mondays

May 19, 2026
Critical cautionary tale; reactive to proactive; consumption taxes; and other highlights from our favorite tax bloggers.
NYT Accounting News

House passes bill protecting taxpayer due process rights

May 19, 2026
The House approved legislation to make IRS collection proceedings taxpayer friendly, safeguard tax refunds and provide judicial review of tax liability claims.
NYT Accounting News

AICPA backs bill limiting beneficial ownership reporting

May 19, 2026
The American Institute of CPAs expressed support for legislation limiting the reporting of U.S. businesses’ beneficial ownership information to FinCEN.
NYT Accounting News

Trump’s IRS settlement includes dropping tax cases, audits

May 19, 2026
The Internal Revenue Service agreed not to continue any legal claims or investigations of the president’s past tax returns, adding to a controversial settlement.

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  • Daniel J. Hellmann, CPA
  • Debra S. Pitschman, CPA
  • Gil Davis, CPA/PFS
  • Evan Callahan, CPA
  • David J. Mesko, CPA
  • Sarah McPhee, CPA

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