The Securities and Exchange Commission wants to formally kill rules that would have required public companies to report greenhouse gas emissions and risks.
Category: NYT Accounting News
IRS offers look-back interest calculator for contracts
The Excel-based calculator can help companies working on large, multiyear construction or manufacturing projects compute the interest for the contracts.
IRS ups HSA amounts for 2027
The Internal Revenue Service released the inflation-adjusted amounts for health savings accounts for 2027, increasing the limits from 2026.
On the move: Vokt to head BKR
Plus, Eide Bailly names a slate of managing directors; Baker Tilly principal to head AICPA Tax Executive Committee; PrimeGlobal reports double-digit growth in member revenue; and other news from across the profession.
Tech news: Sage announces new automation for receivables, AP, purchasing, analytics
Plus, Auditoria.AI announces Governed Autonomy operating framework; HubSync rolls out HubSync Halo; and other accounting tech updates.
Avalara appoints new CEO, Hugo Sarrazin
Tax automation solutions provider Avalara announced Hugo Sarrazin as its new CEO, replacing Scott McFarlane, who will become an advisor to the company.
Tax Fraud Blotter: Drinking and draining
Flat-out invented; 500 months; diverted income; and other highlights of recent tax cases.
PCAOB forms Inspections Modernization Council
The Public Company Accounting Oversight Board is forming a new advisory body called the Inspections Modernization Council — and it is looking for experts to apply.
Treasury unveils Trump accounts app
The Treasury Department introduced a mobile app enabling families to access Trump accounts, the new tax-deferred accounts for children born after Jan. 1, 2025.
Tax transformation: The gateway to finance excellence
Postponing tax integration leads to misaligned systems, expensive retrofitting projects, and a failure to optimize cash flow and reduce enterprise risk.