NEW ORLEANS Postlethwaite & Netterville announced 70 promotions; in the Baton Rouge office: Ashley Territo, Lindsay Watts, Matthew Breaux, Megan Mensi, Brian Poulin, Dana Daigle, Katherine Clements, Katherine Nesser, Margaret Roberts, Mike Singletary, Ryan Aldridge, Jordyn Farizo and Justin Bourgeois to associate director; Amanda Cooper, Amanda Moore, Gretchen Balhoff and
A group of Senate Republicans, led by Sen. Mike Crapo, R-Idaho, the ranking member on the Senate Finance Committee, is asking the IRS to do all it can to help taxpayers this season. In a letter Thursday to Treasury Secretary Janet Yellen and IRS Commissioner Chuck Rettig, the lawmakers asked
The Internal Revenue Service issued new guidance Wednesday for taxpayers and tax practitioners submitting claims for refunds involving the research credit. Last year, the IRS Office of Chief Counsel issued a memorandum imposing new requirements for backing up claims for tax refunds for research and development tax credits (see story).
The Internal Revenue Service backtracked Monday from a plan to use facial recognition software from a third-party company for taxpayer authentication after hearing criticism from lawmakers in both parties as well as privacy advocates. The IRS said the transition would occur over the coming weeks to prevent larger disruptions for
The National Association of Black Accountants has entered a strategic alliance with the Diverse Organization of Firms. The goal of the partnership is to increase the representation of Black business leaders, entrepreneurs and financial services firm owners. The groups also hope to address structural obstacles in the corporate marketplace and
The National Association of Black Accountants has entered a strategic alliance with the Diverse Organization of Firms. The goal of the partnership is to increase the representation of Black business leaders, entrepreneurs and financial services firm owners. The groups also hope to address structural obstacles in the corporate marketplace and
The Internal Revenue Service backlog is adding to long delays in processing carryback refunds of net operating losses claimed by companies during the pandemic. A report issued last week by the Government Accountability Office found that the closure of many IRS facilities during the early months of the pandemic in
H&R Block is banking on a new service called Spruce to offer its tax clients banking options at tax time. Last month, Block teamed up with Meta Financial’s MetaBank to introduce Spruce, which gives clients a spending account, a debit card, and a mobile app, along with a connected savings
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