Taxes May 22, 2024
IRS Extends Free File Program Through 2029
The five-year extension agreement between the IRS and Free File Inc. will continue the program through October 2029.
Auditing May 21, 2024
PCAOB Slaps Audit Firm MaloneBailey With $400,000 Fine
The top 200 accounting firm was sanctioned on May 21 for what the PCAOB calls “pervasive quality control violations.”
Taxes May 21, 2024
Tax Professionals Should Use the Most Current Version of OIC Booklet, IRS Says
The most recent version of Form 656-B, Offer in Compromise Booklet, was released by the IRS in April.
Firm Management May 21, 2024
Grant Thornton Sheds 350 Employees, Delays Start Dates for New Associates
This latest round of layoffs comes almost exactly a year after Grant Thornton let 300 people go, mostly from tax and advisory.
Firm Management May 21, 2024
Forvis Set to Acquire ConTech360 Later This Year
The deal, which is expected to close in the fall, is aimed at strengthening the construction industry practice at the top 10 accounting firm.
Firm Management May 20, 2024
Eide Bailly to Merge in Edward White & Co. Next Month
The top 20 accounting firm said it was merging with Woodland Hills, CA-based CPA firm Edward White & Co., effective June 1.
Firm Management May 20, 2024
KSM to Join Forces With Cincinnati Firm Cassady Schiller
Katz, Sapper & Miller is expanding into Ohio as it is set to add Cassady Schiller, one of the largest CPA firms in Cincinnati, on May 31.
Firm Management May 20, 2024
Wolf & Company Adds Treehouse Technology Group
As part of the transaction, Boston-based Treehouse Technology Group brings to Wolf its prized data analytics tool InsightOut.
Technology May 17, 2024
IRIS Acquires Utah-Based Swipeclock
Swipeclock is known for its cloud workforce management solutions, such as WorkforceHub and ApplicantStack, for SMBs.
Firm Management May 16, 2024
Baker Tilly to Acquire Top 100 Firm Seiler in California
The deal is the Chicago-based top 10 firm's first since it announced receiving a large private equity investment in February.
Firm Management May 16, 2024
Outgoing PwC Boss Already Has a New Gig Lined Up At Citigroup
Tim Ryan, who was to officially step down as PwC US senior partner on June 30, will reportedly leave the firm a month earlier to join Citi.
Auditing May 15, 2024
KPMG Leads in IPO Audit Clients for Q1 of 2024
The Big Four firm audited eight of the 46 IPOs, tops among the 20 different firms with at least one IPO audit client in the first quarter.
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
