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Prager Metis, a Top 100 Firm based in New York City, has expanded its presence in the Empire State by adding three downstate offices of another firm, D’Arcangelo Co. LLP. The combination will add three new offices for Prager Metis in Poughkeepsie, Rye Brook, and Millbrook, New York. However, D’Arcangelo also has several offices in […]
A group of Republican lawmakers has sent a letter to Internal Revenue Service commissioner Chuck Rettig warning about misuse of the electric vehicle tax credit. Senate Finance Committee chairman Chuck Grassley, R-Iowa, joined Sen. Ron Johnson, R-Wis., John Barrasso, R-Wyo., and a dozen of their GOP colleagues in asking Rettig for more information about how […]
TJS Deemer Dana, a Georgia-based accounting firm, is expanding into the technology industry by acquiring Vertisys, an IT services firm in the Atlanta suburb of Marietta. The deal will enable TJSDD to help its clients with not only their accounting and financial needs, but also with technology, cybersecurity and productivity issues. Financial terms were not […]
The American Institute of CPAs is supporting a new bill requiring the Comptroller General to present a Financial Report of the United States to all members of Congress explaining the state of the nation’s fiscal and economic health. The move comes in response to the growing federal budget deficit, which is projected by the Congressional […]
It’s more challenging than ever for employers to track, understand and implement the complex and ever-changing set of federal, state and local regulations. This is not only top of mind for your clients as they navigate business ownership, but it should also be a key consideration for you as you manage your firm. In the […]
AvidXchange, which provides accounts payable (AP) and payment automation solutions for the middle market, has raised $260 million in equity capital as part of the company’s latest financing round. With contributions from TPG Sixth Street Partners and other investors, this brings total funding to more than $800 million since the company’s founding in 2000. The […]
The majority of the U.S’s 75 most populous cities lack enough funds to pay their bills, but the remaining 12 have budget surpluses, according to a new report. The 2020 Financial State of the Cities report, from Truth in Accounting, a think tank that analyzes government financial reporting, examined the fiscal health of the 75 […]
U.S. Treasury Secretary Steven Mnuchin weighed in on the debate about a carbon tax in Davos, saying technological developments would make it redundant. “If you want to put a tax on people, go ahead and put a carbon tax. That is a tax on hard working people. I personally think the costs are going to […]
Think about the last time someone outside your family asked how your kids or grandkids were doing — and referenced them by name. How did that make you feel? Pretty good, right? Next time you meet with a client, instead of just making small talk or asking, “How’s the family doing?” take it a step […]
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