Category: NYT Accounting News

Micro-captive insurance plans under the Internal Revenue Code are providing small businesses in California the ability to rebuild faster after wildfires.

The 10 states that offer the least in return for their residents’ tax payments.

Not a ghost of a chance; all’s Wells; fictitious spouses; and other highlights of recent tax cases.

Crowe promotes 25 to partner; REDW adds Las Vegas office; and more news from across the profession.

Bringing on Meridian Capital and Answerport will boost Top 25 Firm CLA’s investment banking and technology offerings.

Organizations seem to be going all in on AI, not only planning huge investments in it this year but making these investments central to their growth strategy, even amid other economic headwinds.

Department of Homeland Security staff who are affected by the current shutdown now have until May 15 to file and pay their taxes.

The tax-writing House Ways and Means Committee unanimously approved five bipartisan tax-related bills last week aimed at helping natural disaster victims, sexual assault survivors, pre-school teachers, taxpayers in general, and tax fraud whistleblowers.

The International Federation of Accountants wants accounting organizations to align with its quality management standards and offer more pathways to the profession.

For tax years 2023 and 2024, 45,386 returns claimed about $172 million in tax credits that ITIN holders were not eligible to receive.