Category: NYT Accounting News

The Top 50 Firm will acquire T. Gschwender & Associates, expanding its ability to serve banks, credit unison and other financial institutions.

The Federal Accounting Standards Advisory Board released guidance on implementing the disclosure requirements for public-private partnerships.

The IRS’s overall improper payment rate on refundable tax breaks increased from 21.9% in 2024 to 26.5% in 2025, totaling about $28.1 billion.

San Jose, California-based PP&Co acquired Ami Shah, and Mid-Atlantic Regional Leader LMC opened a new office with the addition of Ricky Spike and his team from Ives, Sultan & Spike CPAs.

Growth in the number of weekly hours worked at small businesses hit its highest level in over five years last month, according to Paychex.

The top two blockers to advisory growth aren’t a lack of client demand — they’re internal.

The Top 75 Firm will acquire Schmoyer and Company in Columbia, South Carolina, effective Aug. 1, 2026.

National Association of State Boards of Accountancy vice chair J. Coalter Baker stepped down to focus on his health.

The Top 50 Firm acquired New England Regional Leader GGG, expanding its presence in the Boston area.

The Internal Revenue Service slashed the number of languages it supported from 20 to seven in response to an executive order from President Trump.