Technology January 9, 2025
Ramp Rolls Out Integration with Workday Financial Management
The integration, announced on Jan. 9, streamlines and automates accounting processes to help shared customers close the books more quickly and accurately.
Firm Management January 8, 2025
Grant Thornton CEO Seth Siegel Leaves Post
Siegel, who has been CEO of Grant Thornton since August 2022, announced on LinkedIn Wednesday that he was stepping down from his post and will transition to a senior advisor role with the firm.
Taxes January 8, 2025
Taxpayer Advocate: IRS Has Improved Taxpayer Services, But Delays in ERC Claims and Identity Theft Assistance Still a Concern
In her latest annual report to Congress, National Taxpayer Advocate Erin Collins praised the IRS for a much-improved taxpayer experience but also highlighted several ongoing challenges at the tax agency.
Taxes January 8, 2025
Mid-Market CEOs Worried About Financial Impact of Trump’s Tariffs, Survey Finds
However, optimism about the business environment is rising among middle-market CEOs, with tax policies getting a mixed reaction, according to the latest survey from top 15 accounting firm CBIZ and Hofstra University.
Technology January 8, 2025
IRIS Makes Enhancements to Firm Management Solution
The updates announced on Jan. 8 make it easier for accounting firms to manage and onboard clients, stay compliant, and collaborate across teams—all while scaling for future growth, according to IRIS.
Mergers and Acquisitions January 8, 2025
HBK Acquires Acuity Human Resources
The Canfield, OH-based top 50 accounting firm has acquired Acuity Human Resources, a Cranberry Township, PA-based provider of human resources consulting services.
Auditing January 7, 2025
PCAOB Doled Out a Record $37.4 Million in Fines in 2024
The blockbuster fine of 2024 was the $25 million penalty the PCAOB gave KPMG in the Netherlands last April for systemic internal exam cheating over a five-year period. It's the largest fine the PCAOB has ever doled out.
Firm Management January 7, 2025
Citrin Cooperman’s PE-Backed Ownership Flips From New Mountain Capital to Blackstone in ‘Monumental’ Deal
The deal marks the first time in the accounting profession that private equity ownership of a CPA firm has transferred, or flipped, from one investment group to another.
Mergers and Acquisitions January 7, 2025
SD Mayer Merges in Bogdan & Frasco in California
The San Francisco-based top 400 accounting firm has combined with Bogdan & Frasco, a boutique accounting firm also based in the "City by the Bay."
Firm Management January 7, 2025
Moss Adams Promotes 10 to Partner
The top 15 accounting firm announced Jan. 6 the addition of 10 new partners across multiple practices, with solutions related to tax and assurance.
Technology January 7, 2025
Caseware Acquires SaaS Solutions Provider LeaseJava
This is Caseware’s eighth acquisition since Hg Capital acquired majority ownership of the Toronto-based company in late 2020.
Technology January 6, 2025
Taxfyle to Debut AI Tax Assistant in January
The on-demand accounting platform is set to launch its new AI customer assistant, Luis, on Jan. 31, which Taxfyle says will serve as a bridge during the customer journey to make their tax filing experience easier and quicker.
Contributors
Amy Vetter
CPA, CITP, CGMA
Becky Livingston
Accounting & AI Marketing Consultant
Brian Tankersley
CPA, CITP, CGMA
Garrett Wagner
CPA, CITP, CEO and Founder of C3 Evolution Group
Jim Boomer
CPA, CITP, CEO
Ken Berry, JD
CPA Practice Advisor Tax Correspondent
Kristy Short, Ed.D.
Accounting Content Specialist
Mary Girsch-Bock
Contributing Writer
Randy Johnston
MCS, MCP
Roman Kepczyk
CPA, CITP, CGMA
