Firm Management July 29, 2024
Grant Thornton Adds 56 New PPMDs
The top seven accounting firm admitted 13 new partners and nine new principals and promoted 34 to managing directors.
Firm Management July 29, 2024
Ex-EY Executive to Take Over as Global CEO for Law Firm Dentons
Kate Barton, who retired from EY in June after a 35-year career at the Big Four firm, will take over as global CEO of Dentons Nov. 10.
IRS July 29, 2024
IRS Chief Receives NATP’s Inaugural Vanguard Award
Danny Werfel received this first-ever award from the National Association of Tax Professionals during Taxposium 2024 in Orlando.
Technology July 29, 2024
Armanino Integrates Generative AI Updates to Audit Ally
The firm has integrated GenAI into its SOC 2 assessment tool, streamlining client communication and task completion.
Firm Management July 29, 2024
BGM Joins Forces With Minneapolis-Based M&A Firm SealedBid Marketing
The top 200 firm and SealedBid have referred clients to each other and had a collaborative relationship over the last 30 years.
Taxes July 26, 2024
IRS Shares Five New Warning Signs of Incorrect ERC Claims
These red flags come from common issues that IRS compliance teams have seen while analyzing and processing ERC claims.
Taxes July 25, 2024
IRS Boasts New and Improved Online Tools and Digital Services For Taxpayers
The agency provided an update July 25 on its Strategic Operating Plan, which sets out several priorities for the IRS to accomplish.
IRS July 25, 2024
IRS Chief Not Too Worried About Fallout From Loper Bright Ruling
Danny Werfel said he's "fairly optimistic" the Supreme Court ruling won't deter future efforts to provide better taxpayer services.
Firm Management July 24, 2024
What Is the Greatest Flaw of Accounting Firm Leaders?
Koltin Consulting Group CEO Allan Koltin talked about this flaw during his keynote speech on leadership at Bridging the Gap 2024.
Taxes July 24, 2024
IRS Releases Initial Guidance on Carbon Sequestration Tax Credit
Notice 2024-60, issued by the IRS on July 24, details how taxpayers can claim the credit for the sequestration of carbon oxide.
Taxes July 24, 2024
Texans Get Tax Relief From the IRS After Hurricane Beryl
Individual and business taxpayers in 67 counties now have until Feb. 3, 2025, to file their returns and make tax payments.
Accounting July 23, 2024
FASB Aims to Improve Derivative Accounting
Investors, accounting firms, and other stakeholders have until Oct. 21 to provide comments to the FASB on the proposed ASU.
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
