Category: NYT Accounting News

Using AI to teach accounting; CPAs and financial statements; TIGTA on joint returns; and other highlights from our favorite tax bloggers.

Chief financial officers hope to control costs in 2026 while still expanding revenue, according to a new survey.

The Trump administration agreed to procedures for student debt relief so borrowers who have their loans canceled this year don’t get hit with a huge tax bill.

The American Institute of CPAs is asking for more flexibility for taxpayers who wish to claim tax deductions for overtime and tip income under the OBBA.

SAP announced new specialized AI Joule Agents (named for its generative AI copilot Joule) that handle travel and expense processes as well as core finance functions.

Wojeski & Co. has reached a $60,000 settlement with New York Attorney General Letitia James after it was hit by two data breaches and ransomware attacks.

The One Big Beautiful Bill Act will boost the number of filers who must calculate their AMT. But that doesn’t mean they’re all going to have to pay it.

Top 25 Firm Armanino acquired Keystone Business Services, an Oracle NetSuite provider.

Tax advisors can play a significant role in alerting clients to the availability of various options and strategies for an unneeded life insurance death benefit.

The International Federation of Accountants has released a set of principles with the goal of widening access to the accounting profession.