Accounting June 20, 2023
EY Tops Rival Audit Firms in Public Company Clients
The Big Four firm audited 1,004 of the 6,950 public companies registered with the SEC in 2023, the most of any audit firm.
Taxes June 15, 2023
TIGTA: IRS Gave Out More Than $10 Billion in Excess Child Tax Credits in 2021
The IRS miscalculated 2021 child tax credit payments for thousands of eligible taxpayers as of May 5, 2022, TIGTA said.
Taxes June 14, 2023
IRS, Treasury Issue Proposed Guidance on Monetization Options for Energy Tax Credits
The proposed rules released on June 14 focus on elective pay and transferability of credits under the Inflation Reduction Act.
Taxes June 14, 2023
IRS Clarifies Elective Payment Rules for Semiconductor Chips Tax Credit
The CHIPS Act allows eligible taxpayers to make an election to treat the credit as a payment against federal income tax.
Firm Management June 13, 2023
UHY Branches Out in Michigan Via Merger
The deal, which went into effect June 12, gives UHY 40 additional team members and two Michigan offices from Baird, Cotter & Bishop.
Taxes June 12, 2023
Corporations Get a Reprieve From the IRS on New CAMT
The IRS waived penalties for corporations that didn't pay their estimated tax liability under the corporate alternative minimum tax.
Firm Management June 7, 2023
SD Mayer Adds HR Advisory Firm WOVEN
WOVEN, which will remain an independent entity under the SD Mayer umbrella, provides HR strategy and operations to SMBs.
Auditing June 7, 2023
PCAOB Turns Up the Heat on Auditors to Find Fraud
The PCAOB wants auditors to get tougher detecting noncompliance with laws and regulations, including fraud, in public company audits.
Firm Management June 7, 2023
Citrin Cooperman Reels in California Firm FMT Consultants
FMT will bring more than $29 million in revenue and more than 80 individuals to Citrin Cooperman’s West Coast operations.
Firm Management June 6, 2023
Armanino Picks Up Los Angeles CPA Firm Bemel, Ross & Avedon
BRA provides business management services to a bevy of entertainers and executives in the film and music industry.
Firm Management June 6, 2023
Wealth Management Firm Buys BerganKDV in ‘First of Its Kind’ Deal
The Creative Planning/BerganKDV deal is believed to be the first involving a wealth management firm purchasing a large CPA firm.
Firm Management June 5, 2023
Forensic Accounting Experts Legier & Co. Acquired by Cherry Bekaert
Founded in 1984, Legier provided management consulting and advisory services to clients across Louisiana and Texas.
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
