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Category: NYT Accounting News

NYT Accounting News

PCAOB board member Christina Ho resigns

December 4, 2025
Public Company Accounting Oversight Board member Christina Ho plans to resign by the end of January as a shakeup is expected at the board.
NYT Accounting News

FASB releases guidance on accounting for government grants

December 4, 2025
The Financial Accounting Standards Board issued an accounting standards update with guidance on accounting for government grants to business entities.
NYT Accounting News

In the blogs: Rated M for Mature

December 3, 2025
Planning around SSI COLAs; holiday business deductions; complex decisions of inheritance; and other highlights from our favorite tax bloggers.
NYT Accounting News

IASB proposes accounting model for interest rate risks

December 3, 2025
The new accounting model would reflect how financial institutions manage interest rate risks in their portfolios.
NYT Accounting News

Obamacare tax credit fraud risks persist

December 3, 2025
Identity theft, fictitious applicants and other forms of fraud continue with the advance premium tax credit for buying health insurance.
NYT Accounting News

House passes bills on IRS penalties and Tax Court

December 3, 2025
The House approved two pieces of legislation to keep IRS agents from levying fines and penalties without supervisory approval, and to strengthen taxpayer rights in proceedings before the Tax Court.
NYT Accounting News

How AI will change the game for tax pros over the next five years

December 3, 2025
The word “transformation” doesn’t do justice to the kinds of seismic changes that have started to take root in the accounting profession over the past year.
NYT Accounting News

Charitable deduction gets caps, floors and haircuts in OBBBA

December 2, 2025
Just in time for Giving Tuesday, there’s some good news for charities, thanks to the One Big Beautiful Bill Act, but also some new caps and limits.
NYT Accounting News

M&A roundup: Deals from Virginia to Massachusetts

December 2, 2025
Eide Bailly adds Wall, Einhorn & Chernitzer; Brown Edwards acquires Sheldon & Co.; and LGA merges with Cohen Cohen & Co.
NYT Accounting News

Small business jobs and wages grew modestly in November

December 2, 2025
Last month brought a slight uptick in wage and job growth at small businesses, payroll company Paychex reported.

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  • Daniel J. Hellmann, CPA
  • Debra S. Pitschman, CPA
  • Gil Davis, CPA/PFS
  • Evan Callahan, CPA
  • David J. Mesko, CPA
  • Sarah McPhee, CPA

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