A mix of in-office and remote working is the most popular arrangement firms can offer to their people craving flexibility — and trust.
Category: NYT Accounting News
SEC reduces cost of consolidated audit trail
CAT expenses are forecasted to drop an additional $20 million given the SEC’s order and other cost-saving measures.
IRS postpones tax deadlines for taxpayers affected by Israel terror attacks
The Internal Revenue Service is postponing until Sept. 30, 2026, a wide range of deadlines.
Small business job and wage growth stayed steady in September
Small businesses with fewer than 50 employees maintained steady job growth and hourly earnings growth this past month, according to payroll company Paychex.
EV tax credits are ending, but auto makers hope to extend them
The One Big Beautiful Bill Act is abruptly curtailing the $7,500 tax credit for new electric vehicles and $4,000 for used EVs.
FASB proposes guidance on paid-in-kind dividends
The proposed ASU offers guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.
Treasury posts IRS contingency plan for government shutdown
The plan estimates up to half a workday would be needed to complete shutdown activities.
What falling interest rates mean for trusts and estate planning
While stock values get the most attention after the Fed cuts rates, they affect trusts, too. Some beneficiaries of entities without flexible distribution provisions could take a big hit.
PCAOB spotlights audit research
The Public Company Accounting Oversight Board co-hosted a two-day conference highlighting the work of academic researchers.
Finance-grade GPT-5? Not yet, but get ready
Leading AI models continue to get faster and better. But finance teams still cannot — and should not — trust them to close the books.