The Treasury Department reported it has made significant progress on modernizing information systems at the Internal Revenue Service and signed agreements.
Category: NYT Accounting News
In the blogs: In plain sight
Tax traps; women in the profession; checking out; and other highlights from our favorite tax bloggers.
Grow or become obsolete
If growth feels like something you talk about once a year during strategic planning, it’s time to shift.
IRS confirms Sept. 30 phaseout for paper refund checks
The Internal Revenue Service and Treasury Department’s phase out of paper refund checks for individual taxpayers is the first step in an earlier announced order to more widely transition to electronic payments.
CRI acquires Williams Steinert Mask
Top 25 Firm Carr Riggs & Ingram today acquired Williams Steinert Mask, entering the San Antonio market and expanding its presence in Texas.
IRS unveils new per diem rates
Notice 2025-54, announces the special per diem rates for the special transportation industry rate, the rate for the incidental expenses-only deduction, and the rates and list of high-cost localities.
PCAOB sanctions Marcum Asia
The penalties include a $100,000 fine, and training requirements on communication between predecessor and successor audits.
New partners aren’t getting what they need
New partners see a gap between pay expectations and reality, as well as the quality and frequency of feedback, according to a new survey.
Public sector steadily shifting to accrual accounting
Progress has not been as quick as predicted, but is expected to continue, according to IFAC and the Chartered Institute of Public Finance and Accountancy.
UBS ends tax-dodge saga with $985M settlement
The Swiss bank settled the long-running tax evasion case in France for less than a fifth of the original fine.