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BPM LLP, a Top 50 Firm based in San Francisco, is adding Caravel Partners, a NetSuite implementation partner in the same city, effective Oct. 1, 2020, expanding BPM’s technology solutions team. Caravel has been building its business for the past 25 years with clients in different industries, supporting the implementation and management of their ERP […]
The Illinois CPA Society has announced the launch of a research project to gain insight into the CPA pipeline and how more students can be attracted to the accounting profession. The project looks to answer why a number of accounting students and young professionals in accounting and finance decide to never take the CPA exam. […]
The Internal Revenue Service has issued final regulations that update the federal income tax withholding rules for certain periodic retirement and annuity payments made after Dec. 31. In July, the IRS released a draft of a redesigned 2021 Form W-4P and instructions intended to align with the redesigned W-4. The draft W-4P also proposed a […]
Small business employment and hours worked grew a bit in September, especially in the Northeast and within the construction industry, according to the latest monthly report from payroll giant Paychex. The Paychex | IHS Markit Small Business Employment Watch, released Tuesday, indicates a slight uptick in hiring from the previous month, rising 0.06 percent nationally […]
Grant Thornton announced Monday revenues of $1.92 billion for the fiscal year ended July 31, 2020, representing a 1 percent year-over-year increase. The Top Eight Firm reported the uptick even as the latter months of its year marked the beginning of the coronavirus pandemic, which the firm quickly responded to by instituting a work-from-home policy […]
Different states varied widely in the effect of the pandemic-generated shutdowns, with many suffering little or no revenue loss, while others are billions in the hole. Among the latter, most were not prepared with budget set-asides to make up for any shortfalls, and are awaiting bailouts in the form of relief packages in the next […]
Reopenings begin with masks, conference rooms have gone Zoom, and businesses face a load of new questions — but for many, the future comes down to one: “How am I going to survive?” “It really depends on the business. It’s hard to tell a spa client to go virtual,” said Lawrence Pon, a CPA at […]
Many businesses have faced enormous challenges as they struggle to cope with COVID-19. The oil and gas industry has been particularly hard hit, at a time when operators are already dealing with a sharp decline in demand, an oversupply of foreign oil and plummeting prices. The shutdown in March forced OG firms to confront the […]
OnPay debuts customizable reports; Wagepoint receives $10 million investment; Inflo debuts Workpapers for digital audits; and SIX releases data service for assessing tax-related costs.
VSCPA forms a Diversity, Equity Inclusion Advisory Council; Mauldin Jenkins launches a new tax prep service; and more CPA news.
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