The Internal Revenue Service issued a notice with initial guidance on claiming a tax credit involving carbon sequestration.
Category: NYT Accounting News
OneStream goes public
Corporate performance management solutions provider OneStream debuted today on the Nasdaq with a roughly $490 million IPO
New Jersey joins IRS Direct File free tax program
The Garden State will be the next to join the program next filing season.
FASB proposes changes in scope of derivatives and shared-based payment rules
The Financial Accounting Standards Board issued a proposed accounting standards update to request public comments on possible changes to two of its standards.
How modern CPA firms are leaving the old partnership model behind
The CPA industry is undergoing profound change, reshaping the landscape of professional services.
Retention risks may lie in the middle ranks
Preliminary results of a recent survey suggest that the location — and sources — of dissatisfaction in accounting firms may be surprising.
In the blogs: Knowing the lingo
AitM; IRS strategies after Chevron; the taxman’s jackpot; and other highlights from our favorite tax bloggers.
PCAOB explores generative AI
The Public Company Accounting Oversight Board has released the result of initial outreach efforts regarding auditors and generative AI.
Going concerns decrease 31% over 20 years
Going concern opinions have slowly decreased over the last two decades, with the exception of spikes during the 2008 financial crisis and the years of the COVID-19 pandemic.
Talent evolution: From years-on-job to agility in action
The landscape of talent acquisition is rapidly shifting due to intense competition for top talent and the rise of the gig economy.