WithumSmith+Brown, a Top 25 Firm based in Princeton, New Jersey, has merged in Martini Partners LLC, a firm in Encino, California, enabling the firm to expand to Los Angeles. As part of the deal, founding partner Steve Martini, managing partner Christopher Passmore and assurance practice leader Kevin Holmes, along with
The Public Company Accounting Oversight Board is once again forming an Investor Advisory Group and starting a new Standards and Emerging Issues Advisory Group after the old board came under sharp criticism for scrapping its outside advisory groups. The PCAOB had stopped holding meetings of its old Investor Advisory Group
The Internal Revenue Service is urging people to use the information in their online taxpayer accounts for the most up-to-date figures on the amount of the advance Child Tax Credit to include on their tax returns, instead of the numbers stated in the letters it has been sending and in
This edition of Generational Viewpoints features two professionals from Barnes Dennig, a 160-person firm with locations in Ohio, Kentucky and Indiana. We asked baby boomer director Kathy Ahearn, born in 1958, and millennial tax manager Nick Pennekamp, born in 1993, to share their perspectives on the following question: “There are
After coming under pressure from an array of tax and accounting professional associations and hundreds of members of Congress, the Internal Revenue Service said Thursday it would suspend issuance of some of its automated penalty notices to taxpayers, but tax and accounting groups say the agency isn’t providing enough relief.
Business software developer Sage, in partnership with female-minded entrepreneurial online community The BOSS Network, announced Wednesday the Sage Invest in Progress grant, which will support Black women entrepreneurs during their first five years in business. Sage will support 25 Black women entrepreneurs with $10,000 each during those five years. The grant will
The letters that the Internal Revenue Service has been sending to taxpayers about the amounts they received on advance payments of the Child Tax Credit may have outdated information. The IRS began sending information letters to taxpayers last month about the expanded Child Tax Credit payments and asked taxpayers to
The Virginia Society of CPAs announced that it is expanding its mental health offerings for its members, building on last year’s launch of related self-care materials. Following its second annual Mental Health Virtual Summit, on Jan. 21, the VSCPA announced it will offer a Mental Health First Aid Training session
The Internal Revenue Services is looking for some lawyers. Specifically, the IRS Office of Chief Counsel announced plans to hire up to 200 more attorneys to help the agency combat syndicated conservation easements, abusive micro-captive insurance arrangements and other tax schemes. These positions will be available nationwide. First announcements for
The role of the chief financial officer has evolved more in the last year than in the past five years, due to the massive digital transformation that took place in response to the pandemic. While numbers — from those associated with performance metrics to the bottom line — continue to