Category: NYT Accounting News

The Internal Revenue Service made only limited progress in scanning a tiny fraction of paper-filed returns last tax season, according to a new report.

The Internal Revenue Service has awarded a contract to PSI Services to develop and administer the examination for Enrolled Agents to earn their tax credential.

The Internal Revenue Service has now closed nearly all outstanding claims for the employee retention credit aside from 41,000 claims still under exam or appeal.

The Internal Revenue Service is adding capabilities to the online Tax Pro Account, allowing firms to specify which staff members are authorized with CAF access.

The U.S. Tax Court ruled that innovations in livestock production can qualify for the research and development tax credit, establishing new case law.

Bookkeeping automation solutions provider Botkeeper is closing down. The company made the announcement over the weekend.

Users can log in to free apps like Google Gemini or ChatGPT and create realistic-looking, fraudulent documents — such as fake receipts or invoices — in seconds.

Accounting’s ‘Inspector Gadget,’ David Cieslak, looks at major trends in accounting technology for 2026.

The shift will happen gradually starting this summer until December, when QBOA will be discontinued.

The new Pilot AI Accountant claims to run the entire bookkeeping and financial reporting process with zero need for human intervention.