Category: NYT Accounting News

This year alone, minimum wages increased in 19 states and dozens of cities and counties, reflecting a broader national shift toward higher baseline pay.

Senators introduced several pieces of tax-related legislation this week, including measures aimed at improving customer service at the Internal Revenue Service, cracking down on tax evasion and curbing the carried interest tax break, in addition to efforts in the House to repeal the Corporate Transparency Act.

While organizations are pouring incredible amounts of money into AI, lack of strong governance and coordination between leaders has blunted the effectiveness of these investments or even lost them money.

The Internal Revenue Service introduced an online Tax Debt Help tool, the day after the tax deadline, to help taxpayers understand and resolve their tax debts.

Failed election campaign; six-figure salary; online scam; and other highlights of recent tax cases.

Understanding the differences and setting expectations properly can make or break a successful engagement.

Global economic confidence has been shaken by the war in Iran and surrounding countries, according to a new survey of accountants.

U.S. executives are gradually finding their footing 15 months into the second Trump administration, according to a new survey from PricewaterhouseCoopers, although it hasn’t been easy.

While the majority of professional service organizations routinely use generative AI, few are measuring their ROI, and when they do it is often centered around internal metrics versus business performance.

When business clients no longer need employer tax accounts, they need to close those accounts properly so they are no longer responsible for them.