Category: NYT Accounting News

The Financial Accounting Standards Board issued an standards update to address stakeholder concerns about the application of derivative accounting.

The staff of the Federal Accounting Standards Advisory Board has issued new guidance on the accounting and reporting rules for federal land.

The Internal Revenue Service’s contingency plans for a government shutdown are currently unknown, with the web page for the most recent plan from last December returning an error message as of Friday afternoon.

ERP systems are powerful for core operations. But indirect tax is a different beast. It demands specialized capabilities that most ERP platforms simply can’t deliver.

Plus, Acumatica rolls out 2025 R2 release; Qount announces AI-Powered 1099 Workflow solution; and other accounting tech news and updates.

President Trump announced a fresh round of tariffs on pharmaceuticals, heavy trucks and furniture.

Stealing her age; unmade in the U.S.A.; bad company; and other highlights of recent tax cases.

A look ahead at what tax professionals and accountants should be worrying about getting sued for next year.

Some cannabis companies are getting around the tax problems they typically face by setting up employee stock ownership plans.

The International Federation of Accountants chose Thomas Müller-Marqués Berger as the new chair of the International Public Sector Accounting Standards Board.