Category: NYT Accounting News

The IRS’s changes in its instructions for claiming the new tax deduction for tips is making it more difficult for self-employed and gig economy workers.

Here’s a tip; what a relief; established client base; and other highlights from our favorite tax bloggers.

Diligent launched its new AuditAI solution, described as a strategic compliance tool that automates execution of internal audit tasks.

More than 830,000 taxpayers have received notices saying their tax refunds are being delayed due to an executive order requiring electronic payments.

Internal auditors are reporting more cuts in their staffing and budgets, according to a survey by the Institute of Internal Auditors’ Internal Audit Foundation.

Audit and GRC solutions provider AuditBoard has been renamed Optro to reflect a single, coherent view across audit, risk, infosec and compliance.

The American Institute of CPAs recommends the First Time Abatement program be expanded to cover additional types of tax and information return penalties.

The IRS is proposing to remove regulations that tried to crack down on the abusive use of basis-shifting transactions by partnerships as a way of minimizing taxes.

No matter how technology changes the landscape, the traditional playbook for career development is not replacing retiring CPAs fast enough.

Accounting Today has opened submissions for its Best Firms for Tech survey.