Category: NYT Accounting News

More than 830,000 taxpayers have received notices saying their tax refunds are being delayed due to an executive order requiring electronic payments.

Internal auditors are reporting more cuts in their staffing and budgets, according to a survey by the Institute of Internal Auditors’ Internal Audit Foundation.

Audit and GRC solutions provider AuditBoard has been renamed Optro to reflect a single, coherent view across audit, risk, infosec and compliance.

The American Institute of CPAs recommends the First Time Abatement program be expanded to cover additional types of tax and information return penalties.

The IRS is proposing to remove regulations that tried to crack down on the abusive use of basis-shifting transactions by partnerships as a way of minimizing taxes.

No matter how technology changes the landscape, the traditional playbook for career development is not replacing retiring CPAs fast enough.

Accounting Today has opened submissions for its Best Firms for Tech survey.

The Top 50 Firm received a minority investment from Private Equity at Goldman Sachs Alternatives, expected to close at the end of Q2 2026.

The members of the “Patriotic Millionaires,” who include a Disney heiress, argue that rich residents can afford paying more into city coffers.

In the future of finance, the success of AI tools won’t depend on scattered individual initiatives, but on establishing a standardized approach across teams.