The Internal Revenue Service released information on how employees now have until the end of the year to repay any payroll taxes they deferred from last year. Former President Trump issued a presidential memorandum last August allowing Social Security taxes to be deferred for the rest of 2020, but under the order they had to […]

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The Association of Chartered Certified Accountants released a survey Wednesday that found the majority of accountants internationally believe they are in an inclusive profession, but nearly two-thirds of them think the profession still has an issue to deal with when it comes to diversity. The global survey of more than 10,000 ACCA members worldwide found […]

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Prager Metis combines with Blair, Bohlé Whitsitt; REDW joins with CPA Global Tax Accounting; Somerset CPAs and Advisors adds Rowley Company; and Fineman West merges in Katz Associates.

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Mississippi State University announced that it will launch two online master’s programs in accountancy and taxation in fall 2021. MSU’s Richard C. Adkerson School of Accountancy will offer an online Master of Professional Accountancy and Master of Taxation program beginning in the fall 2021 semester. The new online programs were made possible by a monetary […]

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CPA firms will be in a great position to help their small-business clients with the latest round of the Paycheck Protection Program, according to Barry Melancon, president and CEO of the American Institute of CPAs. Speaking during a virtual meeting Tuesday of the Accountants Club of America, Melancon described some of the new wrinkles in […]

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PricewaterhouseCoopers released an update Tuesday to its annual audit quality report for the firm, pointing to improvements on inspection results from the Public Company Accounting Oversight Board. During the recently completed PCAOB inspection, PwC anticipates that only one of the 52 engagements that were subject to inspection will be included in Part 1.A of the […]

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My firm, Withum, held its 12thAnnual State of the Firm (SOTF) meeting last Monday. About 1,200 of us attended the four and a half hour meeting virtually. The previous meetings were held in New Jersey, where a good number traveled from our offices in Boston, Florida, California and other parts of the country. Last week […]

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A member of Deutsche Bank AG’s supervisory board faced criticism from lawmakers and the bank itself for suggesting that Wirecard AG go after journalists that had written critical stories about the since-collapsed payments company. The director, Alexander Schuetz, made the remark in an email to Wirecard’s then-Chief Executive Officer Markus Braun in which he also […]

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The Illinois CPA Society announced that 30 minority accounting college students have graduated from its 2020 Mary T. Washington Wylie Internship Preparation Program. Now in its ninth year, the Internship Preparation Program is funded by donations to the CPA Endowment Fund of Illinois’ Mary T. Washington Wylie Opportunity Fund. The program honors the legacy of […]

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Topel Forman appoints new managing partner; Armanino promotes record number of partners; and more CPA news.

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