Category: NYT Accounting News

The firms that benefit most are not treating AI as a replacement for the accountant’s judgment. They are treating it as infrastructure: the parts that should have been automated years ago finally being automated.

Using his personhood; SNAP redemptions; Ponzi-like payments; and other highlights of recent tax cases.

After decades of drawing in tens of thousands of new residents, Jersey City has suddenly found itself teetering on the financial brink.

Accounting firms have been fielding offers from a growing number of private equity investors as PE money continues to pour into the accounting sector.

If you have high-net-worth clients with capital gains, retire the old playbook for qualified opportunity zones. The program is now a recurring planning regime.

Smolin, Lupin & Co. acquired Vitolo & Associates, expanding its advisory and accounting capabilities and growing its presence in New Jersey.

The IRS provided an electronic way to file a protective claim for a possible tax refund related to the COVID-19 pandemic ahead of a July 10 deadline.

Final regulations identify charitable remainder annuity trusts as “listed transactions,” akin to tax shelters that need to be disclosed to avoid penalties.

A new Automatic Exemption from Penalty process aims to provide relief for taxpayers with a history of usually filing and paying their taxes on time.

Judgment about property improvements used to be defined by personal biases and loose, anecdotal evidence. Financial tracking is changing that.