Armanino opens AI Lab Resource Center; Friedman opens new offices in California and New Jersey; and more CPA news.

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The Association of International Certified Professional Accountants and the Financial Management Association have announced the three recipients of the 2019 Innovation in Teaching Finance Award. The award recognizes excellence in finance education based on factors including innovation, “broad transferability of the teaching technique” and the impact of the teaching methods on students, higher education institutions […]

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Details: Wipfli LLP, a Top 20 Firm based in Milwaukee, has added the partners and associates of Klein Hall, a firm based in Naperville, Illinois, effective Nov. 1. The deal is Wipfli’s seventh deal in the Chicago area in the past five years and will add 25 Klein Hall employees, including five partners and 20 […]

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Public companies reached the deadline for compliance with the new lease accounting rules in January, but their journey is far from over. A recent survey of 200 accountants found that just 54 percent of public companies are fully transitioned. Deloitte data paints an even more dire picture: Only 26 percent of public company executives reported […]

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Paying household help “under the table” with cash seems like a good idea—but doing so can deny employees social services benefits and protections. It can also rob clients from taking advantage of tax breaks and credits. Properly managing employment obligations such as employment tax filings, labor law compliance, and payroll processing will actually allow clients […]

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The number of Americans ages 65 and over is projected to nearly double by 2060. And most would prefer to age in place and hiresenior caregivers if needed. Quality homecare is expensive, but clients can reduce costs by hiring caregivers directly rather than using an agency. However, hiring household employees directly brings with it a […]

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Szymkowiak Associates CPAs, PC, a CPA firm based in Williamsville, New York, has added Blesy Associates, a firm in nearby Amherst, New York, effective Nov. 1, 2019. The combined firms will operate under Szymkowiak’s name. Szymkowiak offers tax, accounting and consulting services for individuals, trusts and private businesses. It will be expanding its offices at […]

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Each year, Accounting Today and Best Companies Group recognizes the 100 Best Firms to Work For in the U.S. — and this year we also picked the 10 Best Firms for Young Accountants from among those based on the responses of their younger staff to a comprehensive employee survey. View the full report on AccountingToday.com, […]

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Off by $24 million; hard lessons; authentic fake; and other highlights of recent tax cases. New York: Accountant Salvatore Arena, 47, of Queens, New York, has pleaded guilty to defrauding clients out of more than $780,000. Arena purported to offer prep and payment of taxes. Instead of making payments on behalf of those clients, he […]

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