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Each year, Accounting Today recognizes the 100 Best Firms to Work For in the U.S. — and then picks the 10 Best Firms for Women from among those based on the responses of their female staff to a comprehensive employee survey. View the full report here, and see below for a quick introduction to these […]
Details: Grassi Co., a Top 100 Firm based in New York, is acquiring Levine, Caufield, Martin Goldberg PC, a firm in Needham, Massachusetts, expanding Grassi’s footprint into the Boston metropolitan area, effective Oct. 1. As part of the deal, LCMG partners Bruce Levine, Sherri Martin and S. Bernard Goldberg and principal Thomas Kreckler have joined […]
Democratic presidential nominee Joe Biden released his 2019 tax returns hours before the first debate with President Donald Trump, showing that he paid $299,346 in income taxes in 2019. According to documents released by Biden’s campaign Tuesday, the former vice president and his wife, Jill, got a refund of $46,858 after paying $346,204 in income […]
The Internal Revenue Service has asked a watchdog to investigate the tax system’s security after the New York Times disclosed that its reporters had reviewed more than two decades of President Donald Trump’s tax information. IRS Commissioner Chuck Rettig asked the Treasury Inspector General for Tax Administration to look at whether the agency’s system to […]
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 […]
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