Kevan Parekh will take on the CFO role from Luca Maestri at the end of the year, as part of a planned succession.
Category: NYT Accounting News
3 types of trusts that could help wealthy clients’ estate plans
New rules for IRA beneficiaries, the expiration of the Tax Cuts and Jobs Act and guidelines for qualified stock make these strategies especially relevant.
BF Borgers prosecuted in Canada over audit work
An Ontario court placed the firm and owner Ben Borgers on probation for two years for unlicensed, unregistered audit work, and ordered both to pay fines.
IRS adds payments, Spanish to Business Tax Account
The Internal Revenue Service continues to expand the things business taxpayers can do with BTA.
Moss Adams launches AI consulting service
Moss Adams announced the launch of two new AI consulting teams, focused on machine learning and generative AI, who will work with clients on implementing AI solutions.
Trump says growth will pay for tax cuts said to cost trillions
The Republican nominee for president wants to renew the provisions of the Tax Cuts and Jobs Act.
Weather victims in Puerto Rico, South Dakota get tax relief
The IRS is pushing back filing and payment deadlines for those affected by Ernesto and other storms.
Two years in: IRS highlights improvements under IRA
Taxpayers can now conduct all interactions digitally and the service says that it is better equipped to address tax evasion and scams.
Business banking startups are criminally underutilizing accountants
In their quest to “fix” business banking, some startups have overlooked a critical group of users: accountants.
HBK splits accounting, wealth management leadership
The Top 50 firm voted to split leadership of its entities, HBK CPAs & Consultants and HBKS Wealth Advisors, giving each its own top executive.