TikTok and taxes; future of L.A. revenues; engagement limits; and other highlights from our favorite tax bloggers.
Day: January 21, 2025
AICPA: Executive order shouldn’t affect IRS tax season hiring
The AICPA’s vice president–Tax Policy & Advocacy said President Donald Trump’s executive order to freeze hiring at the IRS should not affect seasonal employees, who likely are already hired and trained.
CRI merges in CapinCrouse
Carr, Riggs & Ingram, a Top 25 Firm based in Enterprise, Alabama, has added CapinCrouse, a Regional Leader based in Indianapolis, effective Jan. 17, 2025.
Activities to ease busy season stress
CPA firms have numerous options to relieve stress and show appreciation.
Trump names Uyeda acting chair of SEC
President Trump named Mark Uyeda, a Republican member of the SEC, as acting chairman as confirmation hearings await for Paul Atkins to succeed Gary Gensler.
Economic confidence grows among US accountants but plummets globally
Accountants and other financial professionals in the U.S. are showing more signs of confidence in the economy, but optimism is waning elsewhere.
KPMG aims to become a law firm too
KPMG US set up a subsidiary that has filed an application in Arizona to establish a law firm in the state, with hopes of going national.