Category: NYT Accounting News

Thomas Unsworth, a CPA from East Naples, Florida, pleaded guilty in a federal fraud probe of Oakes Farms Food & Distribution Services.

The Internal Revenue Service posted a contingency plan Friday indicating that it would be able to operate until Feb. 7, 2026, while keeping all 74,942 employees working.

The American Institute of CPAs introduced a new program to identify and develop the skills needed by early-career CPAs to succeed in an AI-driven market.

The SEC named Demetrios “Jim” Logothetis as chairman of the PCAOB, and Mark Calabria, Kyle Hauptman and Steven Laughton as board members.

The Financial Accounting Standards Board has voted to add a project to its technical agenda on market-return cash balance plans.

Lawmakers are demanding answers about the sharing of taxpayer information with the Department of Homeland Security and Immigration and Customs Enforcement.

The pros and cons of Trump’s pitch to move from quarterly financial reporting to semiannual are not as clear-cut as either side thinks.

Plus, Melio unveils “Agent Mel” AI; Rillet announces continuous close, Brex integration, auto-booking for journal entries; and other accounting tech news and updates.

The White House Council of Economic Advisers released a research study analyzing the economic impact of state income tax elimination.

The American Institute of CPAs is asking for a contingency plan that keeps 100% of IRS employees on the job in case of a shutdown during tax season.