Top 25 Firm Ascend acquired GreerWalker in Charlotte, North Carolina, effective as of Sept. 1. Processing Content GreerWalker is a Southeast Regional Leader, with $46.8 million in revenue, 16 partners and roughly 135 employees. Terms of the deal were not disclosed. Ascend, based in Arlington, Virginia, is a platform launched
The Internal Revenue Service will be cracking down further on people who fail to file tax returns after earlier efforts didn’t do enough, according to a new report. Processing Content The report, released Friday by the Treasury Inspector General for Tax Administration, noted that the IRS generally sends up to
Numbersgame, a Claude MCP provider that works with QBO, has announced that it now also supports functionality with Xero. Xero support is now live alongside QuickBooks Online. Numbers Game gives an accounting firm one controlled MCP for the client books it manages, rather than a separate connection with an all-or-nothing
The U.S. Treasury Department has escalated an effort to strip schools, including universities, of their special tax-exempt status if they consider race in admissions, scholarships or other areas, a potential blow to the financial stability of hundreds of educational institutions. Processing Content The department and the Internal Revenue Service unveiled
Top 75 Firm Springline Advisory acquired advisory firm Vesta, marking its expansion into Wisconsin. Processing Content Vesta is based in Fond du Lac, with three more offices across the state in Madison, Sheboygan and Mequon. The firm offers integrated accounting, wealth management and advisory services. Springline Advisory CEO Tim BrackneyJesse
Last year’s July 4 tax legislation didn’t eliminate the case for Roth IRA conversions, but it changed planning equations for advisors weighing whether clients should pay taxes now in exchange for tax-free growth later. Processing Content By permanently extending the 2017 tax rates and expanding some deductions, the One Big
With the Sarbanes-Oxley Act and other pressures driving companies away from the public markets, the number of Securities and Exchange Commission-registered clients has declined, according to a new report — but the total fees charged to them by auditors has increased. Processing Content The report, “Audit Fee Trends: A 20-Year
Starting September 1, Intuit will be updating the QuickBooks Online Reports API, something that most CPAs won’t notice unless their vendors or internal tech teams have not made slight adjustments in response to the change, in which case CPAs will likely notice very much. Processing Content The change does not
The latest Trump effort to impose new costs for skilled foreign workers makes unprecedented use of statutory fee-setting powers, aiming to recoup immigration system expenses far beyond the H-1B visa program. Processing Content The Department of Homeland Security this week proposed a $103,265 charge for hiring new specialty occupation H-1B
Enjoy complimentary access to top ideas and insights — selected by our editors.Want unlimited access to top ideas and insights? Subscribe Now An advisory firm owner told me something a few weeks ago that has been stuck in my mind ever since: “Kyle, most firms are aircraft carriers. They’re too