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Category: NYT Accounting News

NYT Accounting News

The capacity crunch: Hybrid still reigns

October 1, 2025
A mix of in-office and remote working is the most popular arrangement firms can offer to their people craving flexibility — and trust.
NYT Accounting News

SEC reduces cost of consolidated audit trail

September 30, 2025
CAT expenses are forecasted to drop an additional $20 million given the SEC’s order and other cost-saving measures.
NYT Accounting News

IRS postpones tax deadlines for taxpayers affected by Israel terror attacks

September 30, 2025
The Internal Revenue Service is postponing until Sept. 30, 2026, a wide range of deadlines.
NYT Accounting News

Small business job and wage growth stayed steady in September

September 30, 2025
Small businesses with fewer than 50 employees maintained steady job growth and hourly earnings growth this past month, according to payroll company Paychex.
NYT Accounting News

EV tax credits are ending, but auto makers hope to extend them

September 30, 2025
The One Big Beautiful Bill Act is abruptly curtailing the $7,500 tax credit for new electric vehicles and $4,000 for used EVs.
NYT Accounting News

FASB proposes guidance on paid-in-kind dividends

September 30, 2025
The proposed ASU offers guidance on how an issuer should initially measure paid-in-kind dividends on equity-classified preferred stock.
NYT Accounting News

Treasury posts IRS contingency plan for government shutdown

September 29, 2025
The plan estimates up to half a workday would be needed to complete shutdown activities.
NYT Accounting News

What falling interest rates mean for trusts and estate planning

September 29, 2025
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.
NYT Accounting News

PCAOB spotlights audit research

September 29, 2025
The Public Company Accounting Oversight Board co-hosted a two-day conference highlighting the work of academic researchers.
NYT Accounting News

Finance-grade GPT-5? Not yet, but get ready

September 29, 2025
Leading AI models continue to get faster and better. But finance teams still cannot — and should not — trust them to close the books.

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  • Debra S. Pitschman, CPA
  • Gil Davis, CPA/PFS
  • Evan Callahan, CPA
  • David J. Mesko, CPA
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