Category: NYT Accounting News

A federal appeals court upheld a lower court order preventing the IRS from sharing massive amounts of taxpayer data with Immigration and Customs Enforcement.

The Public Company Accounting Oversight Board voted to adopt amendments that ease the requirements of its QC 1000 quality control standard for auditing firms.

The Institute of Internal Auditors wants the SEC to reject a proposal to give newly listed companies up to five years to establish an internal audit function.

Sharon Osbourne filed to remove Colin Newman, her late husband Ozzy’s long-term accountant, as an executor of the rock star’s estimated $100 million estate.

The Governmental Accounting Standards Board released a discussion memorandum on the design of the GASB-GAAP Taxonomy and digitization of government financial statements.

The update changes how investment companies such as mutual funds can measure the fair value of an equity security subject to a contractual sale restriction.

Both the U.S. and Canada have increased tariffs across the border in recent weeks, ratcheting them as high as 50% — and businesses are caught in the middle.

Appeals versus the Tax Court; fourth quarter tax projections; state budget planning; and other highlights from our favorite tax bloggers.

UHY acquired Adamson & Company in Corpus Christi, Texas, continuing its streak of dealmaking activity.

Paystand announced the general availability of its agentic finance suite, which brings AI agents into accounts receivable, spend management and reporting on its B2B payment network.