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Month: January 2019

People on the move: CohnReznick bolsters C-suite

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January 28, 2019
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| Tax News And Info

CohnReznick, New York, announced several leadership appointments: Gary Levy as chief strategy and growth officer; Phil Mandel as chief operating officer; Cindy McLoughlin as managing partner of the consumer, hospitality and manufacturing practice; Alan Wolfson as regional managing partner of the Northeast; and Jay Levy as office managing partner of the New York City office. […]

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Posted in Tax News And Info Tagged irs, tax news

Firms on the move: MACPA descends on state capital for annual CPA Day

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January 28, 2019
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EisnerAmper Grassi Co., New York, announced the audit nonprofit partners and staff of Lederer, Levine Associates, Lyndhurst, N.J., joined the firm, bringing partner Derek Flanagan and four professionals to the firm’s offices in New York City and White Plains. EisnerAmper, New York, was named to the list of Top Property/Casualty Auditors by Best’s Review, the […]

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Posted in Tax News And Info Tagged irs, tax news

Revenue recognition standard forces changes at retailers

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January 27, 2019
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The new revenue recognition standard and the explosion in online sales are prompting some retailers to change the time at which e-commerce revenue is recognized from customer delivery to shipping point, according to a recent report. Last month, Ernst Young and the Retail Industry Leaders Association released their 2018 Retail Accounting Policy Survey. They polled […]

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Posted in Tax News And Info Tagged irs, tax news

MACPA meets with local lawmakers for annual CPA Day

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January 27, 2019
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More than 200 members of the Maryland Association of CPAs traveled to the state capital in Annapolis on Jan. 24, 2019 to host MACPA’s annual CPA Day. The event, which also marks the beginning of the Maryland General Assembly’s annual legislative session, saw professionals meet directly with state legislators to discuss issues impacting clients and […]

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Posted in Tax News And Info Tagged irs, tax news

Richey May acquires mortgage lending tech company Amata Solutions

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January 27, 2019
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Richey May, a firm based in Denver serving the financial services and real estate industries, has acquired Amata Solutions, which provides customized planning and business intelligence tools for mortgage lenders. The acquisition comes three months after Richey May made an investment in the company. Terms of the acquisition were not disclosed. Richey May offices in […]

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Posted in Tax News And Info Tagged irs, tax news

AICPA concerned about shutdown impact on taxpayers and practitioners

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January 26, 2019
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The American Institute of CPAs voiced concerns about the impact of the partial government shutdown on both taxpayers and tax practitioners in a letter to officials at the Internal Revenue Service and the Treasury Department, a day before President Trump announced a deal to reopen the affected government agencies for three weeks. In a letter […]

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Posted in Tax News And Info Tagged irs, tax news

PCAOB dings KPMG in latest audit inspection report

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January 26, 2019
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The Public Company Accounting Oversight Board released its 2017 inspection report of KPMG on Thursday, showing a number of continuing deficiencies with the Big Four firm’s audits. The PCAOB inspected 52 engagements and found problems with half of the audits. The most frequently identified deficiencies were failure to sufficiently test the design and/or operating effectiveness […]

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Posted in Tax News And Info Tagged irs, tax news

Clearing the path to partnership: The challenge for women in professional services

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January 26, 2019
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Alison, an up-and-coming star in a midsized law firm, cradled her face in her palms. “The partners in the firm want me to go to another networking event… which means missing my son’s game and having lots of aimless conversations with people who are more interested in the free drinks and appetizers than in what […]

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Posted in Tax News And Info Tagged irs, tax news

Wages grew 3.4% last year

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January 25, 2019
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Wages for U.S. workers increased 3.4 percent in the past year, increasing the average wage level by $0.93 to $28.06 an hour, but job switching continued to slow, at a rate of 20.5 percent — and wages in professional services grew at a below-average rate, according to a new report from ADP. The ADP Research […]

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Posted in Tax News And Info Tagged irs, tax news

Rettig reaches out to embattled IRS employees

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January 25, 2019
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Chuck Rettig, who was confirmed as commissioner at the Internal Revenue Service last fall, sent an email to employees at the agency who are struggling with the partial government shutdown that is forcing most of them to work without pay for over a month. “As hard-working employees of the IRS, our agency has an important […]

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Posted in Tax News And Info Tagged irs, tax news
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