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Category: NYT Accounting News

NYT Accounting News

Ascend adds firms in Florida and California

June 2, 2025
Both Regional Leader Saltmarsh, Cleaveland & Gund and Glenn Burdette joined the private equity-backed accounting firm, effective June 1.
NYT Accounting News

Intuit attributes rapid growth to tax, AI

June 2, 2025
Tax and accounting software giant Intuit reported strong third quarter growth, with the company reporting total revenue of $7.8 billion, an increase of 15%.
NYT Accounting News

Senate begins putting stamp on Trump tax bill

June 2, 2025
Significant changes are in store for President Donald Trump’s signature $3.9 trillion tax-cut bill.
NYT Accounting News

AICPA wants Congress to change tax bill

May 30, 2025
The institute is asking lawmakers to change provisions on SALT deductions for pass-through entities, contingency fees for tax prep, and business loss carryforwards.
NYT Accounting News

On the move: HHM promotes former intern to partner

May 30, 2025
KPMG anoints next management committee; Ryan forms Tariff Task Force; and more news from across the profession.
NYT Accounting News

Why placed-in-service dates matter more than ever

May 30, 2025
In the world of depreciation planning, one small timing detail continues to fly under the radar — and it’s costing taxpayers serious money.
NYT Accounting News

Steinhoff fraud trial moved to South Africa’s high court

May 30, 2025
South Africa’s case against executives in the biggest corporate fraud in the country’s history has been pushed back to September.
NYT Accounting News

Obscure tax item in Trump’s big bill alarms Wall Street

May 30, 2025
The item calls for increasing tax rates for individuals and companies from countries whose tax policies the U.S. deems “discriminatory.”
NYT Accounting News

Tax Fraud Blotter: Side hustles

May 29, 2025
Pardon us; no relief in sight; down on the farm; and other highlights of recent tax cases.
NYT Accounting News

IRS faces challenges overseeing tax-exempt hospitals

May 29, 2025
Cutbacks and vague guidance threaten the IRS’s ability to carry out its responsibilities, which include overseeing the troubled nonprofit hospital sector.

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  • Debra S. Pitschman, CPA
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