Payroll
Intern Hiring Is Stable For 2024, Report Says
Eight out of 10 employers are expected to maintain or increase the number of interns they bring in, according to a NACE survey.
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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Taxes
IRS Extends Free File Program Through 2029
The five-year extension agreement between the IRS and Free File Inc. will continue the program through October 2029.
Auditing
PCAOB Slaps Audit Firm MaloneBailey With $400,000 Fine
The top 200 accounting firm was sanctioned on May 21 for what the PCAOB calls “pervasive quality control violations.”
Taxes
Tax Professionals Should Use the Most Current Version of OIC Booklet, IRS Says
The most recent version of Form 656-B, Offer in Compromise Booklet, was released by the IRS in April.
Firm Management
Grant Thornton Sheds 350 Employees, Delays Start Dates for New Associates
This latest round of layoffs comes almost exactly a year after Grant Thornton let 300 people go, mostly from tax and advisory.
Firm Management
Forvis Set to Acquire ConTech360 Later This Year
The deal, which is expected to close in the fall, is aimed at strengthening the construction industry practice at the top 10 accounting firm.
Firm Management
Eide Bailly to Merge in Edward White & Co. Next Month
The top 20 accounting firm said it was merging with Woodland Hills, CA-based CPA firm Edward White & Co., effective June 1.
Firm Management
KSM to Join Forces With Cincinnati Firm Cassady Schiller
Katz, Sapper & Miller is expanding into Ohio as it is set to add Cassady Schiller, one of the largest CPA firms in Cincinnati, on May 31.
Firm Management
Wolf & Company Adds Treehouse Technology Group
As part of the transaction, Boston-based Treehouse Technology Group brings to Wolf its prized data analytics tool InsightOut.
Technology
IRIS Acquires Utah-Based Swipeclock
Swipeclock is known for its cloud workforce management solutions, such as WorkforceHub and ApplicantStack, for SMBs.
Firm Management
Baker Tilly to Acquire Top 100 Firm Seiler in California
The deal is the Chicago-based top 10 firm's first since it announced receiving a large private equity investment in February.
Firm Management
Outgoing PwC Boss Already Has a New Gig Lined Up At Citigroup
Tim Ryan, who was to officially step down as PwC US senior partner on June 30, will reportedly leave the firm a month earlier to join Citi.