Crowe promotes 25 to partner; REDW adds Las Vegas office; and more news from across the profession.
Category: NYT Accounting News
CLA adds two firms
Bringing on Meridian Capital and Answerport will boost Top 25 Firm CLA’s investment banking and technology offerings.
Cos. go full steam ahead on AI, despite economy
Organizations seem to be going all in on AI, not only planning huge investments in it this year but making these investments central to their growth strategy, even amid other economic headwinds.
Treasury gives DHS employees an extra month for their taxes
Department of Homeland Security staff who are affected by the current shutdown now have until May 15 to file and pay their taxes.
Committee advances tax and IRS legislation
The tax-writing House Ways and Means Committee unanimously approved five bipartisan tax-related bills last week aimed at helping natural disaster victims, sexual assault survivors, pre-school teachers, taxpayers in general, and tax fraud whistleblowers.
IFAC changes membership obligations
The International Federation of Accountants wants accounting organizations to align with its quality management standards and offer more pathways to the profession.
Ineligible ITIN holders claim millions in credits
For tax years 2023 and 2024, 45,386 returns claimed about $172 million in tax credits that ITIN holders were not eligible to receive.
KPMG faces allegations of blown audit in private credit collapse
Canada’s top securities regulator alleged that KPMG failed to properly value the loans held within funds, harming investors.
EY tightens hybrid work policy for tax staff
Staff in the Big Four firm’s U.S. tax business will be required to work on the premises or at a client site 12 days a month from July 1.
Boomer’s Blueprint: Building a purpose that attracts talent and clients
Let me guess what’s on your firm’s website right now: