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On the move: Centri hosts Community Collaboration Day

Centri Business Consulting, Philadelphia, partnered with City Year, a nonprofit dedicated to supporting systemically under-resourced students and schools, for its second annual companywide Community Collaboration Day during which staff donated $15,000 of essential goods to provide 1,450 students with resources.  Louis Plung & Co. announced they are relocating their headquarters

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Tax Fraud Blotter: Bad choices

A senate hearing; lack of Unity; that ain’t chicken feed; and other highlights of recent tax cases. Fitchburg, Massachusetts: Former state senator Dean A. Tran has been convicted for scheming to defraud the Massachusetts Department of Unemployment Assistance and collecting income that he failed to report to the Internal Revenue

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The Top 10 Taxpayer Disputes with the IRS

Tax season can be difficult enough for professional tax preparers to navigate, but for the average taxpayer, who lacks the practitioner’s technical knowledge, it can be an absolute minefield — and it gets even worse when the Internal Revenue Service comes back with a question or a problem with a

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In the blogs: Letter carriers

W-2G income; addressing the CPA shortage; qualities of a crypto tax pro; and other highlights from our favorite tax bloggers. Price of fame Mauled Again (http://mauledagain.blogspot.com/): A machine learning blog seems convinced that tax forms are in the Tax Code. How many of the blog’s readers believe that? Withum (https://www.withum.com/resources/):

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On the move: Brady Martz installs new CEO

Regional Leader Brady Martz has installed its new CEO, Stacy DuToit; ConvergenceCoaching has opened its annual holiday exercise program; Citrin Cooperman names its new partner class; the Florida Institute of CPAs has named a new chief growth officer; PricewaterhouseCoopers predicts the holiday; and other firm and personnel news from across

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Rethink pricing and transform the employee experience

The accounting profession may have been built on numbers and spreadsheets, but today it’s also a people business. Client relationships, employee morale and firm culture are as important to your success as the software that runs your programs.  Think about it: There is a stark contrast between the people side

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Tech news: Jirav rolls out Jirav Intelligent Forecasting

Wolters Kluwer announced that Richard Pulliam has been named Senior Vice President and General Manager of Wolters Kluwer Corporate Performance & ESG (CP & ESG) division’s EHS & ESG unit, (formerly named EHS/ORM), known for its product, Enablon. Pulliam, who joined the Wolters Kluwer CP & ESG division in early

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Pathways to Growth: Optimizing opportunistic growth

If you follow me, you know that I write and consult extensively around strategic growth. That means I help firms move from reliance on the individual-contributor, “book-of-business,” tactical, generalist model, to a leader-driven, strategic, specialist approach.  While strategic growth will always be important, today’s market environment requires that we simultaneously

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A strategic approach to gen AI

At all our Boomer Circle Community meetings lately, generative AI is a hot topic. Many firms are already harnessing artificial intelligence tools, including ChatGPT and Microsoft Copilot, for content generation, marketing, and internal communications like policies and press releases. But this is just scratching the surface of GenAI’s potential —

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IRS debuts new process for third parties with bad ERC claims

The Internal Revenue Service is opening a supplemental claim process to help third-party payers and their clients resolve incorrect Employee Retention Credit claims. Third-party payers report and pay clients’ federal employment taxes under the third-party payer’s EIN. Some of these payers filed ERC claims for multiple employers. If these clients

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