Two dozen KPIs to help you figure out if your accounting firm is getting good value from its tech investments.
Category: NYT Accounting News
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.
Protect margins and retain talent in a rising wage era
This year alone, minimum wages increased in 19 states and dozens of cities and counties, reflecting a broader national shift toward higher baseline pay.
Lawmakers propose tax and IRS bills as filing season ends
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.
Lack of governance coordination on AI costing companies
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.
IRS creates online tax debt tool
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.
Tax Fraud Blotter: A little off the sides
Failed election campaign; six-figure salary; online scam; and other highlights of recent tax cases.