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In the blogs: Age before beauty

Old IRS tech; lead, don’t manage; an MP want-ad; and other highlights from our favorite tax bloggers. Age before beauty Turbotax (https://blog.turbotax.intuit.com): In this commencement season (like few others, but not for reasons of personal finance), what to remind soon-to-be grads about their money and tax futures. Taxable Talk (http://www.taxabletalk.com/): The

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Bennett Thrasher grows beyond Atlanta roots

Bennett Thrasher, a Top 100 Firm based in Atlanta, has been increasing its workforce and footprint despite talent shortages, growing 17% in the first quarter of the year. The firm ranked No. 64 on Accounting Today‘s 2024 list of the Top 100 Firms, with $102.79 million in annual revenue in

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PwC cuts around 60 Canadian jobs

PricewaterhouseCoopers, the global accounting firm, eliminated 60 jobs in Canada as the company braces for the fallout from the nation’s economic slowdown, according to people familiar with the situation. The company employs about 7,700 people in Canada. It had already cut about 2% of its workforce in the country at

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Biden advisor vows corporate tax hike

President Joe Biden’s top economic advisor pledged Democrats would push to reverse Donald Trump’s corporate tax cuts next year, setting up a battle with Republicans over a tax law with provisions slated to expire at the end of 2025.  “It’s clear we need to end the 2017 tax breaks for

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US April budget surplus hits $210B on higher tax receipts

The U.S. government recorded a higher budget surplus for the month of April than a year ago thanks to a rise in tax receipts, while steeper debt-servicing costs continue to impose a major drag. The surplus for April — when individual tax filings are due — was $210 billion, up

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A CPA’s day in Tax Court

For CPAs who aspire to practice in Tax Court, the ability to review a case that has been litigated by a fellow CPA is a useful educational tool. This April, Steven Jager, CPA, a tax partner at Fineman West & Co. LLP and one of only a handful of CPAs

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Platform launches wealth management

Platform Advisors, the professional services arm of Platform Accounting Group, has launched Platform Wealth Advisors, a national wealth management advisory practice. The launch follows Platform’s acquisition of Goleta, California-based Walpole Financial Advisors, a CPA-led wealth management firm, and is aimed at better serving Platform’s current tax and accounting clients. Kirk Stovesand

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Eide Bailly merges in Apple Growth Partners

Eide Bailly, a Top 25 Firm based in Fargo, North Dakota, is adding Apple Growth Partners, expanding the firm’s footprint to Ohio, effective June 24, 2024. The deal will bring Eide Bailly its first office east of the Mississippi and marks the second largest acquisition in the firm’s history. Financial

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