The new excise tax under the One Big Beautiful Bill Act will impose new costs on remittances sent by immigrant workers to family members abroad.
Category: NYT Accounting News
The retirement opportunity accountants can’t afford to miss
Something big is happening in the American retirement landscape, and small businesses are right in the middle of it.
IRS finalizes list of jobs entitled to deduct tips
The Internal Revenue Service and the Treasury released final regulations on the new tax deduction for tipped employees under the One Big Beautiful Bill Act.
Tech news: Intuit, Gusto both tout Claude integrations
Plus, Oracle premieres Fusion Agentic Applications; Suralink launches Financial Statement Tie Out solution; and other accounting tech news and updates.
Tax Fraud Blotter: Check, please
Illicit income; fly like an eagle; subcontractor swindle; and other highlights of recent tax cases.
Big Four hold onto their share of SEC market
Ideagen Audit Analytics’ annual report on the audit landscape shows the market share landscape remaining much the same.
GASB proposes guidance on infrastructure
The Governmental Accounting Standards Board is looking for public comment on proposed guidance for reporting on infrastructure assets.
Locked into concentrated capital gains? Exchange funds could help
Exchange funds could help address some wealthy clients’ concentration risks and tax quandaries at the same time.
EisnerAmper to add valuation & forensic firm
The Top 25 Firm will acquire KLG Business Valuators & Forensic Accountants in a deal expected to close this May.
New wrinkles for accounting’s people problems
Leaders at Top 100 Firms have a host of new concerns about staffing, culture and succession.