Forvis Mazars acquires MSL; Blue & Co. merges in Mellen, Smith, and Pivoz; LGA adds Comolli; RBSK Partners acquires Hash CPA Group.
Day: November 1, 2024
On the move: PwC appoints CTIO
UHY launches global rebrand; IRS selects first associate chief counsel for the newly created passthroughs, trusts and estates office; and more news from across the profession.
IRS increases 401(k) limit, keeps IRA limit the same
The amount individuals can contribute to 401(k)s in 2025 has increased by $500 to $23,500, but the IRA limit remains $7,000.
Tech news: EY unveils GenAI insights platform
Plus, Withum rolls out cloud-based audit platform; SafeSend’s new Client Portal uses PIN instead of password; and other accounting tech news and updates.
Accounting firms should follow Wall Street’s lead on work-life balance
The accounting profession is grappling with both a shortage of talent and a generational shift in workplace expectations.