As the Senate advances a possible end to the 40-day government shutdown, the IRS is adjusting its plans amid a wave of layoffs and program closings.
Category: NYT Accounting News
Ready, set, Roth: How 401(k) catch-ups are changing in 2026
The industry asked for and received a delay in the rule from the IRS in 2023. Now that it’s going into effect, here are the key implications for sponsors and savers.
AICPA, FASB, GASB seek accounting students
The American Institute of CPAs and state societies want to introduce high school students to the accounting profession, as FASB and GASB target university graduates.
Trump pardons Darryl Strawberry for tax evasion
The former Met and Dodger was indicted in 1995 and pled guilty over his failure to report $350,000 in income from autographs and sales of memorabilia.
Side-by-side OECD Pillar Two and U.S. tax rules pose challenges
The Organization for Economic Cooperation and Development’s framework for international taxes has been coming under pressure in recent months from a U.S. stance.
ISSB to take over work of TNFD on nature-related financial disclosures
The International Sustainability Standards Board plans to take on the activities of the Taskforce on Nature-related Financial Disclosures.
On the move: Abdo renovates Minneapolis office
RRBB names COO; Citrin Cooperman announced new partner class; and more news from across the profession.
Insero acquires DeMott & Smith
The Regional Leader firm based in Rochester, New York, has acquired a firm also headquartered in Rochester.
Tech News: Expensify launches AI expense agent
Plus, Forwardly announces AI bill pay system; Patriot Software introduces Auto Payroll; and other accounting technology news and updates.
What CFOs should do as interest rates begin to fall
CFOs must consider what falling rates might mean for their balance sheets, borrowing strategies and overall business positioning.