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Category: NYT Accounting News
CRI merges in CapinCrouse
Carr, Riggs & Ingram, a Top 25 Firm based in Enterprise, Alabama, has added CapinCrouse, a Regional Leader based in Indianapolis, effective Jan. 17, 2025.
Trump names Uyeda acting chair of SEC
President Trump named Mark Uyeda, a Republican member of the SEC, as acting chairman as confirmation hearings await for Paul Atkins to succeed Gary Gensler.
Economic confidence grows among US accountants but plummets globally
Accountants and other financial professionals in the U.S. are showing more signs of confidence in the economy, but optimism is waning elsewhere.
KPMG aims to become a law firm too
KPMG US set up a subsidiary that has filed an application in Arizona to establish a law firm in the state, with hopes of going national.
Trump freezes IRS hiring, nixes global tax deal
President Trump signed a series of executive orders after his inauguration, including a hiring freeze for federal government workers, particularly at the IRS.
Art of Accounting: Accountants Club’s new president
Natasha Kosnac, chief audit officer of Unite Here, recently succeeded Peter Frank as president of the Accountants Club of America and she has plans for expanding the longtime club.
IRS to test faster dispute resolution
Three pilot programs aim to increase the use of ‘fast-track settlement’ in the agency’s different divisions.
IRS revises guidance on residential clean energy credits
The IRS has updated and added new guidance for claiming the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit.
Global sustainability assurance standards near launch
The International Ethics Sustainability Board for Accountants said its Global Ethics Sustainability Standards have been certified by the PIOB and IOSCO.