Auditing
PCAOB Registration Isn't a Seal of Approval, Regulator Tells Audit Firms
A proposed rule would limit how audit firms tout their PCAOB registration in marketing to clients and potential clients.
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
Draffin Tucker Joins Forces With Baldwin & Associates
The top 300 accounting firm based in Albany, GA, has expanded into South Carolina by merging in Baldwin & Associates.
Firm Management
Mauldin & Jenkins Merges in CFO Navigator
The merger of CFO Navigator will expand the Atlanta-based top 65 firm's capabilities within its CAAS practice.
Auditing
Some Top Midtier Audit Firms Felt the Wrath of the PCAOB This Week
Withum was fined $2 million, while Baker Tilly and Mazars were fined $80,000 and $60,000, respectively, for rules violations.
Taxes
IRS Isn’t Raising Tax Interest Rates in Q2 2024
Starting on April 1, the rate for overpayments and underpayments for individuals will be 8% per year, compounded daily.
IRS
IRS-CI Chief Jim Lee Will Call It a Career in April
Lee, a 29-year veteran of the agency who has served as chief of IRS Criminal Investigation since 2020, will retire on April 6.
Taxes
Several Taxpayer Assistance Centers to Have Saturday Hours, IRS Says
The special Saturday openings will take place from 9 a.m. to 4 p.m. on Feb. 24, March 16, April 13, and May 18.
Taxes
Filed Tax Returns Are Down 19% So Far This Filing Season—But There's a Reason Why, IRS Says
The IRS released a slew of early tax season 2024 stats last week, calling it “a strong start to filing season, with all systems running well.”
Taxes
7 Warning Signs of an Incorrect ERC Claim
The IRS listed several red flags of a questionable employee retention credit claim to help businesses resolve incorrect submissions.
Firm Management
Mowery & Schoenfeld Merges in Chicago Firm Hochfelder & Weber
The top 200 accounting firm has combined with Hochfelder & Weber, a CPA firm with a 91-year history in Chicago.
Firm Management
PKF O’Connor Davies Picks Up a Boutique Firm in New Jersey
The top 30 accounting firm acquired SuárezBaldomero, a boutique CPA firm with a growing international clientele, on Jan. 1.
Firm Management
Mazars Fell a Smidge Short of $3 Billion in Global Revenue Last Year
Mazars reached global revenue of €2.8 billion ($2.998 billion) in 2023, up from €2.45 billion ($2.63 billion) in 2022.