Category: NYT Accounting News

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.

Frank Bisignano testified on Tax Day during a Senate hearing about this past filing season and how IRS operations were affected by the new tax deductions.

The Internal Revenue Service rarely penalizes taxpayers who have high balances in foreign bank accounts and fail to file the proper forms, according to a new report.

The Senate Finance Committee ranking member introduced two bills cracking down on grantor retained annuity trusts and private placement life insurance.

IT hygiene; final tally; movements in the U.S. dollar; and other highlights from our favorite tax bloggers.

The theme of this year’s survey is “Caught in the Middle,” exploring how caregiving responsibilities, as well as other responsibilities outside work, affect accounting professionals navigating their careers.