Category: NYT Accounting News

The Senate passed a federal disaster tax relief bill, the Doug LaMalfa Federal Disaster Tax Relief Certainty Act, by unanimous consent after a hold was lifted.

Xero Payroll completes the trifecta of accounting, payments and payroll that is key to the company’s 3×3 strategy.

Fieldguide added new financial audit capacities to handle drafting, reviews and disclosures plus a way to connect with other AI models directly.

CPE compliance solutions provider LCvista bought CPA license management solutions provider CPA QualityPro, combining CPE, learning, licensure and mobility.

The Internal Revenue Service and the Treasury Department offered guidance on rollovers between retirement plans and individual retirement accounts.

Despite high confidence from leaders in AI outputs, more than a quarter of executives said internal audits have detected AI errors that reached external audiences or the board.

The Treasury Department’s Financial Crimes Enforcement Network issued a final rule permanently removing the requirement for U.S. companies and people to report beneficial ownership information.

Synthetic voices; CRAT; cross-border commerce; and other highlights from our favorite tax bloggers.

The American Institute of CPAs asked the Treasury and the IRS to revise three of their recent notices on the corporate alternative minimum tax.

The proposed regulations clarify nondiscrimination requirements for employers offering Trump account contribution programs and dependent care assistance.