Category: NYT Accounting News

The Internal Revenue Service may be facing steep cuts in its budget with the win on Tuesday night of President-elect Donald Trump.

Over half of accounting and tax firms plan to increase fees across all services in 2025, according to a new survey.

Illinois voters approved a nonbinding proposal to add an extra 3% levy on annual incomes of more than $1 million, which could fuel a new effort to raise taxes on the state’s highest earners.

In an age where every dollar counts, AI is emerging as a game-changer in helping businesses optimize their cash flow processes with precision and scalability.

Donald Trump is returning to the White House, and the U.S. economy is in for a wild ride.

The final regulations provide a long overdue update to rules that had been in place since at least the 1950s, and even the 19th century.

Updating engagement letters; tax neutrality; the usual losers; and other highlights from our favorite tax bloggers.

The International Auditing and Assurance Standards Board is preparing for the adoption of its International Standard on Sustainability Assurance 5000 early next year.

Nearly three-quarters of U.S. masters of accounting programs reported application growth, according to a report by the Graduate Management Admission Council.

In the intense war for talent, more and more firms are calling themselves a family. That can be dangerous.