Mergers and Acquisitions January 30, 2025
Grassi Merges in Anstiss & Co. in Massachusetts
The New York City-based top 60 firm has expanded its presence in Massachusetts by combining with Anstiss, a CPA firm located in Chelmsford.
IRS January 30, 2025
Taxpayer Advocate, AICPA Back Bipartisan Draft Bill to Improve IRS Administration
A discussion draft, released Thursday by Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR), that proposes several ways to fix IRS procedures and administration has strong support from National Taxpayer Advocate Erin Collins and the AICPA.
Auditing January 30, 2025
PCAOB Posts Staff Video on Audit Firm Risk Assessment Processes Under New QC Standard
The audit firm’s risk assessment process is the basis for a risk-based approach to the design, implementation, and operation of the firm’s quality control system, the PCAOB said.
Firm Management January 30, 2025
Baker Tilly Global Revenue Reaches Record $5.6 Billion in 2024
Baker Tilly International said Jan. 30 that its global network of accounting firms hauled in a record $5.62 billion in revenue for the year ending Dec. 31, 2024, a 9% increase from 2023 or 9.5% at constant exchange rates.
Accounting January 29, 2025
Rightworks to Host RightNOW 2025 Event This May in Nashville
Geared toward accounting firm leaders, firm staff, tax practitioners, and small and midsized business finance professionals, RightNOW 2025 will be held from May 19-21 in Nashville.
Accounting January 29, 2025
FASB Names Four New Not-for-Profit Advisory Committee Members
As a resource for the Financial Accounting Standards Board, the NAC obtains input from the not-for-profit sector on existing financial reporting guidance, current and proposed technical agenda projects, and longer-term or pervasive financial reporting matters affecting those organizations.
Mergers and Acquisitions January 29, 2025
Marsico Financial Group Adds Care Accounting in Pennsylvania
Pittsburgh-area accounting and financial advisory services firm Marsico Financial has acquired Care Accounting, a firm based in Beaver Falls, PA.
Mergers and Acquisitions January 29, 2025
Alinea CPAs Acquires Matthew P. Roth and Co. in Ohio
The acquisition is part of Dayton, OH-based Alinea CPAs' strategic plan to strengthen its private company practice in the Cincinnati area.
Accounting January 29, 2025
Ignition Names New CEO and CFO
The company said Jan. 28 that it has appointed former president Greg Strickland as CEO, succeeding Guy Pearson who transitioned to executive chairman, and Amy Foo as CFO.
IRS January 29, 2025
IRS Adds 18 New Members to Internal Revenue Service Advisory Council for 2025
Established in 1953, the IRSAC is an organized public forum for IRS officials and representatives of the public to discuss a broad range of issues in tax administration.
Staffing January 28, 2025
Employee Engagement is at its Lowest in a Decade, Report Finds
Employee engagement in the U.S. fell to its lowest level since 2014, with only 31% of employees reporting being engaged at work in 2024, Gallup says. And the percentage of actively disengaged employees, at 17%, also reflects 2014 levels.
Taxes January 28, 2025
TIGTA Alerts Taxpayers of New Tax Season Text Message Scam
Scammers impersonating the IRS are texting taxpayers leading them to believe they're going to receive an economic impact payment, also known as a recovery rebate credit, but it's a scheme to steal their personal data, TIGTA said on Jan. 28.
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
