Of the CPA exam candidates who completed testing in 2025, only six passed all four sections on the first attempt to qualify for the award.
Category: NYT Accounting News
Accounting talent shortage surges
The average number of open accounting and finance roles per company has skyrocketed to 17, up from five in 2025 and just two in 2024, according to a new report.
Tax as deal architecture
In divestitures, tax does more than optimize a chosen structure. Tax influences whether a deal perimeter, legal entity structure, diligence story and separation plan are workable.
Private sector added 122K jobs in May
Employment in the private sector grew by 122,000 jobs last month, payroll giant ADP reported Wednesday, in a positive sign for the economy despite rising inflation and fears of AI displacing entry-level positions.
San Diego rejects tax on second homes left vacant much of year
A budget analyst estimated about 5,100 properties would have been eligible for the tax, generating between $9.2 million to $21.4 million in its first year.
Trump blames court block for collapse of ‘weaponization’ fund
The administration won’t move forward with the fund, a key pillar of the agreement with the IRS and Treasury Department over leaks of Trump’s tax information.
In the blogs: As a matter of FACTA
Competitive differentiator; non-traditional tax regimes; caught off guard; and other highlights from our favorite tax bloggers.
New guide helps CFOs plan for nature-related risks
The Taskforce on Nature-related Financial Disclosures and Accounting for Sustainability partnered on a new guide to nature-related impacts for finance chiefs.
Accuity adds Hawaii firm
Crete Professionals Alliance partner firm Accuity acquired Carbonaro CPAs & Management Group, expanding its presence in Hawaii.
IRS eases proposed sovereign wealth fund tax rules
New guidance provides transition relief, grandfathering protection and delayed implementation for taxing income of foreign governments investing in U.S. businesses.