Taxes
IRS Issues Table for Calculating Premium Tax Credit for 2024
The IRS on Aug. 23 announced 2024 indexing adjustments for important percentages under the Affordable Care Act.
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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Accounting
FASB Approves New Accounting Rules for Joint Ventures
The ASU, issued by the FASB on Aug. 23, provides specific guidance on the accounting for joint venture formations.
Accounting
Forbes Recognizes Six Top Accounting Firms That Also Have Management Consulting Chops
Forbes unveiled its eighth annual list of America’s best management consulting firms, which includes some familiar names.
Firm Management
Eide Bailly to Join Forces with West Coast CPA Firm Bessolo Haworth
Once finalized on Oct. 23, the merger will bring five Bessolo Haworth partners and 20 staff into Eide Bailly.
Taxes
IRS Nears Major Hiring Milestone
The agency has increased its full-time staff to nearly 90,000, a level not seen in more than 10 years, Commissioner Danny Werfel said.
Firm Management
15 Accounting Firms Are Now Members of the 'Billion-Dollar Club' in the U.S.
According to INSIDE Public Accounting, 15 firms made $1 billion or more in revenue during their most recent fiscal year.
Firm Management
PwC Admits 258 New Partners and Principals
The Big Four firm unveiled its newest class of rainmakers on July 1, a group that includes 142 principals and 116 partners.
Accounting
PCAOB Gives CPA Firm AJ Robbins the Heave-Ho
AJ Robbins' PCAOB registration was permanently revoked, its owner was barred for life, and the firm was fined $150,000 for audit failures.
Accounting
SEC Fines Crowe U.K. $750,000 For Poor Auditing of Music Streaming Service
In addition, Crowe U.K. CEO Nigel Bostock will pay a $25,000 penalty and senior auditor Matthew Stallabrass will fork over $10,000.
Firm Management
Plante Moran Adds 35 New Partners
“There is no doubt this group of leaders will continue to add value to our firm,” said Plante Moran Managing Partner Jim Proppe.
Firm Management
Crowe Introduces 44 New Partners and Principals
The promotions were the highest in audit and assurance with 16 new partners and principals, followed by 11 in tax and 10 in consulting.
Firm Management
Top 200 Firm Smith + Howard Merges with Tennessee's Market Street Partners
Founded in 2016, Market Street Partners provides accounting and advisory services to businesses and individuals in the Chattanooga area.