Category: NYT Accounting News

A federal indictment alleges that three men used generative A.I. to impersonate voices of chief executives and lawyers to defraud companies of millions of dollars.

Plus, CohnReznick adds a number of new partners; Johnson Lambert rearranges its leadership structure; and other firm and personnel news from across the profession.

The Internal Revenue Service has added a new feature to the Tax Pro Account allowing tax professionals to make some payments on behalf of business clients.

The American Institute of CPAs is urging the IRS to waive certain estimated tax penalties for estates and non-grantor trusts for tax year 2026.

The Public Company Accounting Oversight Board is withdrawing the registrations of 97 audit firms that have fallen delinquent and failed to remain active.

The question is not only whether worker classifications are correct, but how the client defends them or resolves them efficiently before or during an IRS audit.

The profession is already seeing the beginning of the annual flood of M&A deals looking to get completed before year’s end and the start of next tax season.

The Internal Revenue Service released the annual inflation adjustments Thursday for tax year 2027 as inflation continues to impact taxpayers in the wake of this week’s midterm elections.

The list of over 6,500 opportunity zones stretches across all 50 states, plus territories, where real estate investors can gain valuable tax breaks.

The American Institute of CPAs is partnering with the University of Phoenix on a new initiative combining accounting and finance content with faculty resources.