Taxes May 3, 2024
More Rich Americans Will Soon Be Hit With an IRS Audit, Werfel Pledges
But the IRS chief emphasized once again that audit rates won't increase for small businesses and taxpayers making under $400,000.
Firm Management May 2, 2024
Wipfli Buys Michigan-Based Consulting Firm Harbour Results
The top 20 firm's deal with Harbour Results, a management consulting firm for the manufacturing industry, became effective May 1.
Firm Management May 2, 2024
CLA Adds Atlanta-Based Ronald Blue & Co. CPAs
With approximately 80 employees and eight partners, Ronald Blue was expected to join top 10 accounting firm CLA on May 1.
Firm Management May 2, 2024
EY Adds New York-Based Technology Consulting Firm Nuvalence
The transaction expands EY's digital engineering and generative AI services to organizations across industries and sectors.
Taxes May 1, 2024
IRS Provides Safe Harbors For the Clean Aviation Fuel Credit
New guidance touches on the role farmers will play in the production of clean jet fuels and reducing emissions in the aviation industry.
Taxes May 1, 2024
IRS: Applications For TCE and VITA Grants Can Be Submitted Through End of May
The funding helps organizations provide free tax assistance to elderly and low-income taxpayers for up to three years.
Auditing April 30, 2024
8 Characteristics of a Well-Designed Root Cause Analysis Process, According to the PCAOB
In a staff report, the PCAOB discusses the importance of the root cause analysis process in firms' efforts to improve audit quality.
Accounting April 30, 2024
Five Accounting Firms Among LinkedIn’s Top Companies to Grow Your Career in 2024
The 50 companies included in the 2024 ranking offer their employees what LinkedIn says are eight pillars that lead to career growth.
Taxes April 29, 2024
IRS Opens Second Allocation Round For Advanced Energy Tax Credit
Beginning May 28, the IRS will accept applications from taxpayers seeking tax credits from the pool of $6 billion allocated in Round 2.
Auditing April 29, 2024
PCAOB Group Seeks Input On the Most Decision-Useful CAMs or KAMs
The Investor Advisory Group is looking to identify the top three critical audit matters or key audit matters for 2023.
Accounting April 29, 2024
Daniel Dustin to Take the Reins of NASBA in August
Dustin, who currently is NASBA’s vice president of state board relations, will succeed Ken Bishop as president and CEO Aug. 1.
Taxes April 26, 2024
IRS Says It Saw ‘Strong Response’ From Direct File Pilot Users This Tax Season
About 140,800 taxpayers in 12 states filed their federal tax returns through the new service, but its future is up in the air.
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
