Terrence Putney, CPA (tputney@transitionadvisors.com) is CEO of Transition Advisors, LLC, www.transitionadvisors.com, which exclusively consults on succession and growth strategies for accounting practices nationally and ownership transition. He can be reached at tputney@transitionadvisors.com or 913-262-8550.
IRS January 30, 2025
A discussion draft, released Thursday by Sens. Mike Crapo (R-ID) and Ron Wyden (D-OR), that proposes several ways to fix IRS procedures and administration has strong support from National Taxpayer Advocate Erin Collins and the AICPA.
Firm Management January 30, 2025
Baker Tilly International said Jan. 30 that its global network of accounting firms hauled in a record $5.62 billion in revenue for the year ending Dec. 31, 2024, a 9% increase from 2023 or 9.5% at constant exchange rates.
Accounting January 29, 2025
Geared toward accounting firm leaders, firm staff, tax practitioners, and small and midsized business finance professionals, RightNOW 2025 will be held from May 19-21 in Nashville.
Accounting January 29, 2025
As a resource for the Financial Accounting Standards Board, the NAC obtains input from the not-for-profit sector on existing financial reporting guidance, current and proposed technical agenda projects, and longer-term or pervasive financial reporting matters affecting those organizations.
Mergers and Acquisitions January 29, 2025
Pittsburgh-area accounting and financial advisory services firm Marsico Financial has acquired Care Accounting, a firm based in Beaver Falls, PA.
Mergers and Acquisitions January 29, 2025
The acquisition is part of Dayton, OH-based Alinea CPAs' strategic plan to strengthen its private company practice in the Cincinnati area.
Accounting January 29, 2025
The company said Jan. 28 that it has appointed former president Greg Strickland as CEO, succeeding Guy Pearson who transitioned to executive chairman, and Amy Foo as CFO.
IRS January 29, 2025
Established in 1953, the IRSAC is an organized public forum for IRS officials and representatives of the public to discuss a broad range of issues in tax administration.
Staffing January 28, 2025
Employee engagement in the U.S. fell to its lowest level since 2014, with only 31% of employees reporting being engaged at work in 2024, Gallup says. And the percentage of actively disengaged employees, at 17%, also reflects 2014 levels.
Taxes January 28, 2025
Scammers impersonating the IRS are texting taxpayers leading them to believe they're going to receive an economic impact payment, also known as a recovery rebate credit, but it's a scheme to steal their personal data, TIGTA said on Jan. 28.
PCAOB January 28, 2025
The new online resource page, Information for Smaller Firms, features PCAOB content tailored for smaller audit firms, including publications, videos, and other resources.
Accounting January 28, 2025
As an official partner within the Prophix network, UHY can offer clients advisory and implementation services that leverage Prophix One, a financial performance platform for finance and accounting professionals.
