A recent study by the Treasury Inspector General for Tax Administration found that the IRS has spent $15.7 billion of the $26 billion remaining from the 2022 Inflation Reduction Act.
Category: NYT Accounting News
‘Survivor’ winner Richard Hatch owes $3.3M in taxes
The winner of the inaugural season of the reality show was ordered to pay back taxes on that prize by a federal judge.
Sax acquires CoMetrics
The Top 75 Firm acquired CoMetrics Partners, a specialized management consulting and technology firm based in New York City.
On the move: Forvis Mazars names health care MP
Plus, CohnReznick appoints pair of managing directors; Dean Dorton opens second Cincinnati office; and more news from across the profession.
Tech news: KPMG serves private cos. with AI
Plus, Dext launches Dext Assist AI; Acumatica announces Acumatica 2026 R1; and other news and updates from the accounting tech arena.
Tax Fraud Blotter: Physician, heal thyself
Through the roof; shell game; delinquent debts; and other highlights of recent tax cases.
Italy Says It Recovered $23 Million Stolen From Ursula Andress, First ‘Bond Girl’
The Swiss actress Ursula Andress, whose breakthrough came in “Dr. No” in 1962, accused a former wealth manager of embezzlement. He died in an apparent suicide last year.
IESBA to look into the ethics of PE
The International Ethics Standards Board for Accountants is launching a project to determine whether they need to set ethical standards for firms with alternative practice structures.
Wealth manager Americana adds accounting firm
Wealth management firm Americana Partners acquired NRT Consulting, a full-service financial consulting and accounting firm, on Tuesday.
Your firm’s burnout problem is killing your AI strategy
Innovation requires exactly what burnout destroys: The mental space to learn. The emotional safety to experiment and fail. The cognitive resources to think strategically.