Firm Management
Citrin Cooperman Acquires S&G
Five partners and more than 30 professionals from Worcester, MA-based S&G have joined the top 25 CPA firm and its advisory entity.
Jason Bramwell
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
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IRS
Danny Werfel's Cat Is the IRS's New Social Media Darling
“We have just now started to put my cat Emmett out there as the expert on tax scams,” the IRS chief recently said in a TV interview.
Taxes
IRS: Security Threats Against Tax Pros Remain a Daily Threat
The IRS and its Security Summit partners announced the start of its annual "Protect Your Clients; Protect Yourself" campaign.
Small Business
Small Businesses Hired At a Slower Pace in June
Hourly earnings growth for small business employees held steady last month, according to the latest report from Paychex.
Taxes
IRS Finalizes Rules on Crypto Tax Reporting for Brokers
The final regulations are viewed by proponents as critical to policing a largely unregulated sector plagued by tax avoidance.
Taxes
IRS to Pot Businesses: Marijuana is Still a Schedule I Controlled Substance
Therefore, cannabis businesses are still unable to claim normal business tax deductions, as IRC Section 280E stipulates.
Firm Management
Withum Admits 20 New Partners
There's a new crop of partners at top 25 accounting firm Withum, as the class of 2024 was announced on July 1.
Taxes
IRS Offers to Settle With Certain Tax Avoidance Scheme Participants
The agency is looking to settle with some taxpayers under audit who participated in syndicated conservation easement deals.
IRS
IRS Paid Out $88.8M to Whistleblowers in FY 2023
The agency gave whistleblowers 121 awards for information attributable to $338 million in tax revenue being collected in fiscal year 2023.
Taxes
4 Key Takeaways From the National Taxpayer Advocate's Mid-Year Report to Congress
While the 2024 filing season generally ran smoothly, there are still several challenges impacting taxpayers, Erin Collins says.
Taxes
IRS Says Sorry to Ken Griffin for Tax Data Leak
The IRS apologized to the billionaire founder of Citadel for failing to protect his tax information from being leaked to the press.
Firm Management
Number of the Day: 320%
Public accounting firms are adding far more nonequity partners to its ranks than equity partners over the last 15 years.