The International Federation of Accountants introduced a set of six global principles to provide a framework for creating healthy, sustainable professional environments.
Category: NYT Accounting News
Groups ask IRS to stop plan to deny tax credits to immigrants with citizen children
Nearly 200 organizations are urging the IRS to scrap a plan to deny federal tax credits to lawful immigrants and their children who are U.S. citizens.
Are CPA firms asking the right questions of offshore partners?
When CPA firms add offshoring to their strategy, they often approach several third-party providers across different countries to understand their capabilities.
Blue & Co. names next managing director
Kurt Beier will succeed Brad Shaw as managing director of Indiana-based Top 100 Firm Blue & Co. in January 2027.
Prager Metis grows real estate expertise
The Top 75 Firm acquired Sherbert CPA, expanding its industry expertise in real estate, affordable housing and construction, and growing its Southeast footprint.
Senators ask IRS to drop immigration status question from Form 1040
A group of Senate Democrats is calling on the IRS not to ask taxpayers about their immigration status on next year’s income tax form
IRS-CI support of ICE enforcement hit tax investigations
The Internal Revenue Service’s Criminal Investigation division had to divert considerable resources from its regular work to aid immigration authorities.
The buyer’s best consultant on M&A is you
Outside of your client, nobody knows more about how your client’s business makes money or why its numbers look the way they do than you.
ANZ to drop scandal-hit KPMG Australia as auditor after 57 years
The move adds pressure on the accounting giant that has been grappling with the fallout from allegations it improperly used confidential client information.
Trump plans to ease limits on tax-exempt diesel variety
The Trump administration is expected to unveil the plan targeting so-called dyed red diesel on Monday,