Category: NYT Accounting News

Senate and House Democrats introduced legislation to bring back the Direct File free tax preparation program that was ended by the Trump administration.

The International Federation of Accountants released data on the growth of private equity in the global accounting profession.

Jim Peko, the CEO of Grant Thornton Advisors, says it was only by abandoning a vision of incremental change that the firm was able to achieve its current rapid growth.

The IRS terminated its collective bargaining agreement with the National Treasury Employees Union, which represents most IRS and Treasury Department employees.

The Pinpoint Policy Institute’s public campaign against the Institute for the Fiduciary Standard reflects a mysterious phase of the ongoing debate on private investments in 401(k) plans.

The Institute submitted a letter in response to the Department of Education’s plan to exclude accounting from its definition of “professional degree” programs.

Botkeeper, which abruptly shut down earlier this month, has found a new lease on life as the Botkeeper Infinite platform after being acquired by Xendoo.

Plus, Propense unveils Hatfield client service AI; Skipentry premieres with QBO data extractor tool; and other accounting tech news and updates.

The American Institute of CPAs’ Auditing Standards Board proposed a set of updates to its attestation standards regarding sustainability and other emerging assurance issues.

Senate Finance Committee leaders introduced bipartisan legislation with changes to IRS procedures and administration, and standards for tax preparers.