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By Chris Gaetano July 9 Practice management Franklin Alliance acquires second firm The PE-alternative Franklin Alliance acquired Robert Morris & Company in New Bloomfield, Pennsylvania, as it aims to create a platform of local CPA firms.
AccountingAccounting firm services Accounting education International accounting Career planning MORE FROM ACCOUNTING TODAY Technology XcelLabs launches to help accountants use AI Jody Padar and Katie Tolin debuted a training and technology platform, in partnership with the Pennsylvania Institute of CPAs and CPA Crossings.
By Chris Gaetano July 9 Practice management Franklin Alliance acquires second firm The PE-alternative Franklin Alliance acquired Robert Morris & Company in New Bloomfield, Pennsylvania, as it aims to create a platform of local CPA firms.
Sikich ( [link] ): What to tell law clients about choosing case-management software. Trout CPA ( [link] ): Financial management, with a heavy dose of tax considerations, for funeral homes. Taxjar ( [link] ): July sales tax due dates. The Sales Tax People ( [link] ): Whats up with subscription services and sales tax?
Gary Boomer June 9, 2025 10:00 AM Facebook Twitter LinkedIn Email As CPA firms grow into the $10 million to $100 million revenue range, operational complexity increases, especially during peak periods like tax season. Transforming tax practices with algorithms jd-photodesign - stock.adobe.com Tax season places immense pressure on CPA firms.
There he wrote what became the Financial Reporting Manual, a primary guide for the SEC accounting staff and practitioners in the application of the federal securities laws. in accounting from James Madison University and is a CPA in Virginia. He began his professional career at Deloitte Haskins & Sells. He received a B.B.S.
accountants who advise small and midsized businesses are feeling less confident this year, according to a new survey. Between January and April, the net sentiment among accountants swung from a positive 19% to a negative 39%. Accountants are sounding an urgent alarm," said CPA Trendlines founder Rick Telberg in a statement Wednesday.
The company is also offering a 100% money-back guarantee for subscribers to its TaxPlanIQ Growth Plan who, over 12 months, complete 12 trainings, present 10 tax plans to verifiable clients or prospects, and participate in five 1:1 tax plan reviews with a TaxPlanIQ Concierge CPA Consultant.
By Michael Cohn 5h ago Accounting SEC taps new chief accountant The Securities and Exchange Commission appointed Kurt Hohl, a former partner at Ernst & Young, as its new chief accountant, effective July 7.
Fulton, Agoura Hills, indefinite from March 18, 2025; CPA Mark L. 1, 2024; and CPA Walter W. Tuggle, Duluth, indefinite from March 18, 2025; CPA William B. Tomasello, Forest Park, and CPA Victor C. Indiana: CPA Michael M. Missouri: CPA William R. New York: CPA Kimberly Johnson, Bronx, indefinite from Nov.
Audit Accounting education Accounting students Deloitte MORE FROM ACCOUNTING TODAY Tax IRS enforcement efforts hit by cutbacks The IRSs progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according to a new report. relocate offices; and more news from across the profession.
EDT 1 Min Read Facebook Twitter LinkedIn Email Jody Padar, an author and speaker known as "The Radical CPA," and Katie Tolin, a growth strategist for CPAs, together launched a training and technology platform called XcelLabs. XcelLabs provides solutions to help accountants use artificial technology fluently and strategically.
By Michael Cohn 31m ago Practice management On the move: Whitley Penn names global talent partner Indiana CPA Society awards $24,550 in scholarships; Weaver and Herbein + Co. relocate offices; and more news from across the profession.
This current business environment — exacerbated by economic uncertainty, fee pressures and the ongoing CPA talent shortage — is exposing the growing cracks in the traditional accounting model. They expect strategic insights, thoughtful planning and a reliable partnership year-round.
As is common among many accounting firms taking PE capital, Elliott Davis will operate in an alternative practice structure. Elliott Davis, a licensed CPA firm, will continue to provide attest services. Flexpoint had evaluated other CPA firm platforms but with Elliott Davis it was love at first sight. All rights reserved.
By Chris Gaetano July 9 Practice management Franklin Alliance acquires second firm The PE-alternative Franklin Alliance acquired Robert Morris & Company in New Bloomfield, Pennsylvania, as it aims to create a platform of local CPA firms.
CPA Timothy Trifilo has been sentenced to 20 months in prison for making a false statement on a mortgage loan application and for not filing an income tax return. EDT 6 Min Read Facebook Twitter LinkedIn Email Bank job; the magic is gone; not a beautiful day in the Neighborhood; and other highlights of recent tax cases. Washington, D.C.:
To start, ownership in a CPA firm is more expensive today than it ever has been. Heres what I mean: If you take the time to forecast the next 10 years of public accounting supply (i.e., credentialed CPAs in America) and demand (i.e., Heres a crash course. What is happening to the partnership model? What does that mean for you?
Practice management M&A Georgia MORE FROM ACCOUNTING TODAY Tax IRS enforcement efforts hit by cutbacks The IRSs progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according to a new report. relocate offices; and more news from across the profession.
In May, Armanino expanded into Utah by adding Cooper Savas LLC , a CPA firm based in Salt Lake City. Make sure you're getting it all Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services.
ALABAMA Machen McChesney, Auburn, promoted: Emma Farris to manager, Mary Elizabeth Bond to supervisor, and Ally Bean, Cole Dewberry and Keeley Leisure to senior accountants. INDIANA The Indiana CPA Societys CPA Educational Foundation awarded $24,550 in 2025-26 college and CPA exam scholarships.
As is common with PE deals, Sax will restructure to accommodate the investment, providing attest services through Sax LLP, a licensed CPA firm, and advisory, consulting and other professional services through Sax Advisory Group. Sax is in discussions with three other CPA firms and three wealth management firms. billion fund. "I
Practice management M&A MORE FROM ACCOUNTING TODAY Tax IRS enforcement efforts hit by cutbacks The IRSs progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according to a new report. relocate offices; and more news from across the profession.
Here to talk about all that as well as some other developments that accountants should be paying attention to is Neil Fishman of Fishman Associates and the president of the National Association of CPA Practitioners, as well as a return guest to the podcast. Neil, thanks for coming back. Its always good to be here.
Koziel added some valuable advice for firm leaders from his time working at a Buffalo-based CPA firm in the 1990s: "When I was in charge of recruiting, Id ask our partners, Is this firm the right place for your kids? I encourage everyone to change the story theyre telling," she told the audience. And if its not, fix it." All rights reserved.
Ledgre announces 'Ledgy' tax assistant for rental property owners andia-faith/andiafaith - stock.adobe.com Ledgre , an AI-driven accounting platform built for landlords and real estate investors, announced the rollout of Ledgy, a new AI tax assistant that supports the tax and bookkeeping experience for rental property owners.
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By Michael Cohn 6h ago Practice management Ascend adds two East Coast firms Ascend added two more CPA firms: BGW in Charlotte, North Carolina, and Tronconi Segarra & Associates in Williamsville, New York, effective July 1. By Paige Hagy 8h ago Like what you see?
By Roger Russell July 2 Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan. Jeff Stimpson Freelance writer For reprint and licensing requests for this article, click here.
Roger Russell Senior Editor, Accounting Today mailto linkedin For reprint and licensing requests for this article, click here. By Roger Russell 7h ago Accounting North Carolina signs licensure changes bill into law North Carolina Gov. Josh Stein signed into law a bill that adds an additional pathway to CPA licensure, effective Jan.
You or at what point did you know you wanted to be managing partner of a CPA firm? Make sure you're getting it all Accounting Today is a leading provider of online business news for the accounting community, offering breaking news, in-depth features, and a host of resources and services.
When updating partner compensation systems at accounting firms, how to make real change. AICPA & CIMA Insights ( [link] ): Congratulations to Chi Lam, CPA, MBA, a Ph.D. student in accounting at Louisiana State University and the first recipient of the Barry C. Melancon Professional Accounting Research Fellowship.
By Michael Cohn 6h ago Practice management Ascend adds two East Coast firms Ascend added two more CPA firms: BGW in Charlotte, North Carolina, and Tronconi Segarra & Associates in Williamsville, New York, effective July 1. By Paige Hagy 8h ago Like what you see?
Bartlett, Pringle & Wolf BeachFleischman Berndt CPA BGW Blackman & Sloop Advisors Bland Garvey Blueprint CFO BMSS Family Of Companies Booth Management Consulting Bormel, Grice & Huyett Bowman and Co. The 2025 list is made up of 100 firms (in alphabetical order and unranked): ATKG Advisors B.A. Harris Barbacane, Thornton and Co.
Technology Fraud Fraud prevention Digital payments MORE FROM ACCOUNTING TODAY Practice management CPA develops tools for accountants with dentist, veterinarian clients Bassim Michael has created Practice Gauge, a cloud-based analytics platform for his fellow accountants to use with their dentistry and veterinary clients.
His generosity and his desire to help his fellow CPAs and accountants are prime examples of what make accounting great. Ed is, of course, far from the only example of accountants giving back. Read more: See a selection of Eds top columns. )
Read more: " Tax Strategy: Inside the Senate version of the OBBBA. ") "The new law has both temporary changes and permanent changes," said Miklos Ringbauer, founder of Miklos CPA in Southern California. For example, the SALT allowance has been capped at $40,000 for 2025. At that point it will drop back to $10,000."
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