Firm Management
Grant Thornton Is the Latest U.S. Firm to Get Into Bed With Private Equity
The seventh-largest accounting firm in the U.S. said it will receive “a significant growth investment” from New Mountain Capital.
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
Money Mule Networks Are on IRS Criminal Investigation’s Radar
Money mules are people who, at someone else’s direction, receive and move money obtained from victims of fraud.
IRS
Ex-IRS Commissioner Joins Tax Law Firm Chamberlain Hrdlicka
Charles Rettig, who served as IRS chief from 2018 to 2022, has joined the law firm's tax controversy and litigation practice.
Accounting
Bill on Alternate Path to CPA Licensure Gains Momentum in Minnesota Senate
The legislation, which moved to the state's Senate Finance Committee, would provide an option to licensure with 120 credit hours.
Taxes
IRS Direct File is Now Officially Open for Use in 12 States
The IRS moved the Direct File pilot out of the testing phase, allowing 19 million eligible taxpayers to use the free filing software.
Firm Management
CBIZ Acquires Tech Solutions Company CompuData
Philadelphia-based CompuData provides cloud computing, accounting ERP software, and other services to SMBs.
IRS
Recommendations Sought For Upcoming IRS Priority Guidance Plan
The projects included in the plan would be priorities for the Treasury and IRS to work on from July 1, 2024, through June 30, 2025.
Financial Reporting
New SEC Climate Rule Gets a Thumbs Up From the AICPA
The rule “moves us closer to the high-quality reporting that investors, lenders, and other stakeholders require,” the AICPA and CIMA said.
Advisory
Pinion Launches Global Network of Ag-Focused Advisory Firms
The member firms aim to combat the challenges of the food and agriculture industry by sharing resources and best practices.
Firm Management
Jackson Thornton Adds MST CPAs & Advisors
The top 200 accounting firm acquired fellow Montgomery, AL-based firm MST CPAs & Advisors, effective March 1.
Taxes
Free File Program Filings Up Nearly 10% This Tax Season, IRS Says
As of Feb. 24, 943,000 taxpayers had filed returns using Free File, up from last year's comparable period of 860,000 returns filed.
Firm Management
HHM CPAs Teams Up With Bizzell, Neff & Galloway in Florida
The Chattanooga-based top 100 firm has expanded outside of Tennessee after merging in Bizzell, Neff & Galloway on March 1.