Taxes
Wolters Kluwer Provides Insights Into 2024 Natural Disaster Tax Relief Options
Crucial tax relief opportunities may be available to those affected by recent natural disasters, such as Hurricane Helene.
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 Proposes Regs to Exempt Tribal-Owned Companies From Income Tax
During discussions with Treasury, tribes had requested rules on the federal tax classification of entities owned by tribes.
Accounting
Public Accounting Starting Salaries Expected to Rise About 9% in 2025
In its latest salary guide, Robert Half provides projected 2025 starting pay for eight positions: four in tax and four in audit.
Firm Management
Baker Tilly Acquires RPA Services Provider Alirrium
The deal strengthens the top 10 firm's capabilities in robotic process automation, AI, and machine learning.
Accounting
CLA to Open Two New 'Connection Centers' For Training and Team Building
The new training and development spaces will be located in Phoenix and Charlotte, NC, in addition to one opening near Minneapolis.
Artificial Intelligence
Crowe Is Expanding Its AI Infrastructure
The Crowe AI Center of Excellence will foster an AI ecosystem for collaboration with clients and be led by principal Doug Schrock.
Firm Management
Citrin Cooperman Has Nine New Partners
"This dynamic group of leaders will serve the firm well in 2024 and beyond," said Alan Badey, CEO of Citrin Cooperman Advisors.
Firm Management
S.J. Gorowitz Acquires Reed, Quinn & McClure in Georgia
The two Georgia-based CPA firms are joining forces under the S.J. Gorowitz umbrella, broadening their ability to serve clients.
Accounting
Netgain Unveils Fixed Asset Accounting Solution For ERPs
NetAsset integrates with all ERP systems, streamlining processes with AI-powered automation and compliance, Netgain says.
Firm Management
Ascend Adds Lucas Horsfall in California
Accounting firm Lucas Horsfall will add 15 partners and about 125 professionals to private equity-backed Ascend's team.
Taxes
IRS Extends Tax Deadlines Until May For Helene Victims
The entire states of Alabama, Georgia, and the Carolinas, as well as parts of Florida, Tennessee, and Virginia, qualify for tax relief.
Taxes
IRS Draft Form 7217 Ready For Public Comment
The purpose of Form 7217, new for tax year 2024, is to report all distribution of property that a partner receives from a partnership.