A group of tax organizations, including the NATP and NAEA, hopes to preserve the core tax functions relied on by tax professionals despite cutbacks at the IRS.
Category: NYT Accounting News
KPMG launches multi-agent AI platform Workbench
Big Four firm KPMG announced the launch of its new multi-agent AI platform, Workbench, which will serve as a foundational and single AI platform.
Tipalti buys Statement to add treasury automation capacities
Payments platform Tipalti announced it has acquired Statement, an AI-powered treasury automation solution.
Senate Republicans release revised tax cuts and debt limit bill
Senate Republicans propose to cut trillions of dollars in taxes for households and businesses in their version of President Trump’s signature economic package.
One Big Beautiful Bill full of impactful tax provisions
The bill, whose revised text was just released by the Senate, includes a number of significant tax provisions for both corporate taxpayers and nonprofits.
Broker-dealer audit deficiency rates remain high
The Public Company Accounting Oversight Board reported that deficiency rates remain high across examination, review and audit engagements.
The tax benefits — and complexities — for business owners hiring kids
While the advantages to the parents often receive the most attention, a summer job could pay literal dividends to the children, experts say.
A new revenue strategy for firms
How do accounting firms pivot toward stability and year-round growth? It starts with three key elements.
Firms seeing more profits and clients
Accounting firms are reporting bigger profits and more clients, according to a new report.
What PE means for the future of accounting
How will private equity consolidation affect the accounting business, and what do firms and their clients need to look out for as the marketplace evolves?