Baker Tilly and Moss Adams: M&A to get better, not bigger
Firm leaders Jeff Ferro and Eric Miles give an inside look at their major deal, and the middle-market focused firm they’re building.
IASB revises practice statement on management commentary
The International Accounting Standards Board and its parent, the IFRS Foundation, released guidance on management commentary and climate disclosures.
Mississippi, Texas storm victims get tax relief
The Internal Revenue Service is pushing back filing and payment deadlines for those impacted by the severe weather.
On the move: MACPA names next board chair
CBIZ appoints next national leader of advisory services; Tennessee Society of CPAs distributes annual member awards; and more news from across the profession.
How gen AI is reshaping business valuation
As machines become more capable, it’s becoming widely accepted that many roles will at least be augmented by AI.
Crete to spend $500M to buy firms and upgrade them with AI
The money represents new capital, and this initiative will run parallel to Crete’s ongoing acquisition efforts.
Senate Parliamentarian rejects PCAOB provision in tax bill
The provision would have eliminated the Public Company Accounting Oversight Board and transferred its responsibilities to the Securities and Exchange Commission.
Tax Fraud Blotter: Negative waves
Seeking shelter; please be Gentle; where the heart is; and other highlights of recent tax cases.
Senate Republicans float rural hospital fund to ease impasse over tax bill
Republican leaders are pressing to begin voting on the tax bill in the Senate at the end of next week with the goal of sending it to Trump around July 4.
IRS spruces up Pre-Filing Agreement program
New guidance, step-by-step instructions and useful statistics are now available for large business filers.