Firm Management
Citrin Cooperman Has Nine New Partners
"This dynamic group of leaders will serve the firm well in 2024 and beyond," said Alan Badey, CEO of Citrin Cooperman Advisors.
Jason Bramwell
Jason Bramwell is senior staff writer for CPA Practice Advisor. He has nearly 25 years of professional writing experience, the last nine covering the accounting profession. He most recently was a staff writer and editor at Going Concern, and he previously spent five years as a staff writer and editor at AccountingWEB. He can be reached by email at jbramwell@cpapracticeadvisor.com.
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Firm Management
S.J. Gorowitz Acquires Reed, Quinn & McClure in Georgia
The two Georgia-based CPA firms are joining forces under the S.J. Gorowitz umbrella, broadening their ability to serve clients.
Accounting
Netgain Unveils Fixed Asset Accounting Solution For ERPs
NetAsset integrates with all ERP systems, streamlining processes with AI-powered automation and compliance, Netgain says.
Firm Management
Ascend Adds Lucas Horsfall in California
Accounting firm Lucas Horsfall will add 15 partners and about 125 professionals to private equity-backed Ascend's team.
Taxes
IRS Extends Tax Deadlines Until May For Helene Victims
The entire states of Alabama, Georgia, and the Carolinas, as well as parts of Florida, Tennessee, and Virginia, qualify for tax relief.
Taxes
IRS Draft Form 7217 Ready For Public Comment
The purpose of Form 7217, new for tax year 2024, is to report all distribution of property that a partner receives from a partnership.
Taxes
IRS Looks to Improve Communication With Large Corporations During the Appeals Process
The agency is piloting a program that would make contacting IRS Appeals easier for large businesses with multiple representatives.
Accounting
Public Accounting Salary Projections For 2025, According to Staffing Firm LHH
Base salary expectations for public accounting roles in 2025 look to be higher than in LHH's pay outlook for 2024.
Firm Management
Prosperity Partners Adds Wiener and Garg in Maryland
The Chicago-based accounting firm has made several acquisitions since receiving private equity funding from Unity Partners last year.
Mergers and Acquisitions
Sage Acquires Supply Chain Software Platform Anvyl
With this acquisition, Anvyl's supply chain software will allow Sage to deliver a supply chain execution solution to SMBs.
Firm Management
BDO USA Adds 56 New Principals
This latest class of rainmakers at the top six accounting firm is slightly smaller than the 60 principals BDO added last year at this time.
Accounting
FASB Looks to Update Rules on Share-Based Payments
The proposal would clarify guidance on share-based payments that an entity grants as consideration payable to a customer.