Proposed regulations would limit the ability of tax-exempt organizations to pay high compensation and parachute payments to top executives.
Category: NYT Accounting News
Financial restatements drop 18%
Corporate restatements dropped by almost a fifth in 2025, according to a report from Ideagen Audit Analytics, continuing a long-term over trend of decreases.
Accounting loses 5,400 jobs despite strong overall report
Employers added a 172,00 jobs overall last month, but there were losses in some sectors, including accounting, tax, bookkeeping and payroll services.
IRS starts looking for staff nationwide
The Internal Revenue Service announced a series of hiring events for entry-level customer service reps and tax examining technicians.
On the move: ConvergenceCoaching names new class of leaders
Plus, Weaver and Wipfli name new partners; RSM turns 100; Boulay installs new MP; and other firm and personnel news from across the profession.
‘AI cannot audit itself’ — a response
A reader responds to concerns about the interactions of auditors and artificial intelligence.
Tax Fraud Blotter: It’s a family affair
Oh snap; blood-testing lab; warning letters; and other highlights of recent tax cases.
Doeren Mayhew adds tech firm
Michigan-based Top 100 Firm Doeren Mayhew has acquired Atlanta-based Griffin Global Technologies.
KNAV gets follow-up investment
KNAV Advisory received another investment from NKSquared, the U.S. investment vehicle of Indian billionaire Nikhil Kamath.
Aprio adds Massachusetts firm
The Top 25 Firm acquired Waldron H. Rand & Co. in Dedham, Massachusetts, expanding its presence in the Greater Boston area.