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The worldwide worry over coronavirus creates a glimmer of good news for at least one segment of the U.S. population: the top 0.1 percent. The super-wealthy can deploy sophisticated strategies to pass on billions of dollars to their descendants tax-free. Plunging interest rates, combined with lower stock prices, make it even easier to protect those […]
Beneath the headlines of the disease killing thousands and infecting tens of thousands worldwide sits other news: panic buying at Costco, whipsawing on Wall Street, and the specter of unprecedented disruption to everyday lives and business — all with barely five weeks to go before Tax Day. So, how are tax professionals planning on dealing […]
Overall, the 2020 class of the Top 100 Firms and Regional Leaders showed respectable growth in 2019 — the average revenue increase for the Top 100, for instance, was half a percentage point higher than in last year’s report. And yet, while there were several firms with very strong growth rates, the number of Top […]
CRI celebrates Women’s History Month; Crowe launches Crowe Hive social network; and more CPA news.
When you google “diversity and inclusion,” more than 300 million results return. It’s great news that this important topic is top of mind for many leaders and organizations. But while related, diversity and inclusion are different and require different approaches. Let’s start with diversity. With the ongoing war for high-performing talent, diversity is a strategic […]
Damon Rowe, a long-time veteran of the IRS Criminal Investigation division, will serve as the director of the agency’s new Fraud Enforcement Office beginning in mid-March. Rowe will focus on unscrupulous activities of taxpayers and professional enablers, the agency said in a statement. The new office will reside in the IRS Small Business/Self-Employed Division and […]
KBS CFO founder and CEO Robin Thieme works with liquor companies in her role leading the Washington, D.C.-area accounting practice, so she understands that one of their driving challenges is getting their bottles on store shelves. In facing that challenge, these companies require the kind of customized accounting, business process restructuring and CFO services her […]
New accounting graduates from Georgetown University have the highest median salary as they begin their careers, according to online education resource GradReports. GradReports utilized data published by the U.S. Department of Education in November 2019 to compose its ranking. Schools are ranked according to the median salaries of bachelor degree in accounting graduates one year […]
Eide Bailly LLP, a Top 25 Firm based in Fargo, North Dakota, is expanding in California by adding HMWC CPAs, a firm based in Tustin, effective May 18, 2020. The deal will provide Eide Bailly with an Orange County office in addition to the 10 offices it already has in California. The firm currently has […]
The region with the highest taxes in the world is weighing how to use them in the fight against climate change. The European Union’s executive arm began work on revising the way it puts levies on fuel and electricity. It’s also looking at a far more controversial plan that would tax imports from polluters outside […]
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