Kentucky has become the latest state to pass legislation offering an alternative pathway to qualifying for a CPA license to broaden the talent pipeline.
Category: NYT Accounting News
US opens portal for tariff refund claims
Businesses can file their claims for refunds on the tariffs they paid under the emergency powers that the Supreme Court has since ruled unconstitutional.
Ineligible businesses getting payroll tax credits
Small businesses that don’t qualify for a payroll tax break are still receiving it, despite the IRS’s efforts to stop them, according to a new report.
IRS updates guidance on educational assistance programs
The IRS posted an updated fact sheet on the tax rules surrounding educational assistance benefits after the passage of the One Big Beautiful Bill Act.
Balancing executive incentives with tax penalties
Golden parachutes remain a popular strategy for aligning executive and shareholders’ interests in corporate transactions but can trigger significant tax penalties.
Measuring and managing your firm’s technology
Two dozen KPIs to help you figure out if your accounting firm is getting good value from its tech investments.
FASB plans changes in crypto accounting
The Financial Accounting Standards Board met to discuss accounting for transfers of crypto assets and disclosures around digital assets such as stablecoins.
IRS encourages whistleblowers to report fraud at tax-exempt groups
The IRS is asking for whistleblowers to report misuse, diversion or fraudulent use of federal funds by nonprofits, individuals and businesses.
On the move: CBIZ names new CIO/CTO
CohnReznick adds chief administration and transformation officer; HCVT opens Denver metro office; and more news from across the profession.
Tech news: Xero announces Xero OS
Plus, Tieout announces launch; LogicGate touts Config Newton, an agentic GRC Engineer; and other news and updates from the accounting tech world.