The Internal Revenue Service, facing criticism over long hold times and disconnects when taxpayers try to reach its offices, is adding more options for callers to reach automated voice bots that can respond to their requests sooner. IRS officials said Friday they have now added assistance for eligible taxpayers to
EisnerAmper, a Top 20 Firm based in New York, is adding Raich Ende Malter & Co. a Top 80 Firm, also based in the city, with the deal expected to close this summer. REM dates back to 1972 and has 200 professionals and 45 partners and principals, with offices in
Rep. Don Beyer, D-Virginia, introduced a bill to impose a 1,000% excise tax on manufacturers, importers or producers of assault weapons and high-capacity magazines in the wake of a string of mass shootings across the country. The Assault Weapons Excise Act, introduced Tuesday in the House, faces steep odds of
Rebekah J. Brown, a 10-year veteran of the Maryland Association of CPAs who most recently served as the association’s director of development, has been named the organization’s next president and CEO by the MACPA’ board of directors. She will succeed Jackie Brown, who will be retiring on June 30, 2022, following
The scarcity of Black people in public accounting is a fact. There are many reasons for that but discussing these reasons won’t solve this issue. Here are some suggested solutions and actions. I wrote about the issue in a recent column, and this post is in response to quite a
Top executives are having trouble keeping up with an ever-growing array of risks, as surging inflation, supply chain constraints and the war in Ukraine add to earlier worries about cybersecurity, ransomware and rapid technology changes. A recent survey from PricewaterhouseCoopers found that 79% of the 3,584 business and risk, audit,
The Internal Revenue Service gave out far less money last year to tax whistleblowers than in recent years and collected much less as well, according to a new report. The fiscal year 2021 report, released Friday by the IRS Whistleblower Office, found that in the fiscal year ending Sept. 30,
The Treasury Inspector General for Tax Administration is raising the alarm about identity thieves and fraudsters, releasing a pair of public service announcements to educate taxpayers about the continuing threat of Internal Revenue Service impersonation scams. The English and Spanish-language PSAs are available on TIGTA’s YouTube Channel. “IRS impersonation scams
BPM LLP, a Top 50 Firm based in San Francisco, is extending its footprint in the North Bay area of California by adding Elliott CPA Group, headquartered in Santa Rosa, effective July 1. Elliott CPA Group was founded in 2006 and is led by Erin Roche and James Elliott. The
As playwright Oscar Wilde famously said, “No good deed goes unpunished.” That’s kind of how I feel about the well-intentioned Employee Retention Tax Credit. The ERTC was introduced early during the pandemic to encourage businesses to keep employees on their payroll during a period of significant economic hardship. The Consolidated