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.
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
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.
Taxes
IRS Updates FAQs For Premium Tax Credit
The IRS released a fact sheet on Feb. 9 that includes updated frequently asked questions about the ACA-created tax credit.
Firm Management
Crowe Topped $5 Billion in Global Revenue For the First Time in 2023
Crowe had a record-high $5.3 billion in global revenue during its fiscal year ending Dec. 31, 2023, up from $4.9 billion in 2022.
Firm Management
CPA Firm BGBC Joins Forces with Springline Advisory
Business advisory platform Springline officially launched last month with backing from private equity firm Trinity Hunt Partners.
Taxes
IRS Cautions Tax Pros About New EFIN Email Scam
The IRS warned that scammers are posing as tax software providers and requesting EFIN documents from tax professionals.
Firm Management
CBIZ Picks Up Erickson, Brown & Kloster in Colorado
Top 15 firm CBIZ acquired the Colorado Springs-based full-service tax, accounting, and business consulting provider on Feb. 1.
Firm Management
CPA Firms Kruggel Lawton and Cole Gavlas to Join Forces
The merger, which will become official on June 1, expands top 300 firm Kruggel Lawton's reach in southwest Michigan.
Taxes
IRS Launches Hub for Employer-Provided Childcare Tax Credit
The new webpage gives information on the tax incentive for businesses that provide childcare services to their employees.
Taxes
Treasury: IRS Could Collect $561 Billion in Revenue Thanks to Inflation Reduction Act
However, Treasury warned that if $20 billion is cut from the IRS’s funding allotment, it would reduce revenues by over $100 billion.
Firm Management
Citrin Cooperman Acquires CPA Firm Keefe McCullough in Florida
Fort Lauderdale-based KMC joined Citrin Cooperman Feb. 1 with 11 partners, more than 75 employees, and over $15 million in revenue.
Firm Management
PwC US Chooses Paul Griggs as Next Senior Partner
Griggs, who has worked at PwC US for nearly 30 years, will succeed the retiring Tim Ryan as senior partner on July 1.