PKF O’Connor Davies launches family advisory services; Marcum prepares for annual Day of Service; and more CPA news.

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Marcum announced its plans for the firm’s annual Day of Service, and Traphagen Financial Group participated in the Oradell Kids Foundation’s annual 5K and Fun Run in Oradell, New Jersey.

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KPMG hires principal in the international tax group; HR Block adds 10 VPs; and more personnel news.

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Somerset CPAs PC, a Regional Leader firm, has expanded its presence in its home base of Indianapolis, by merging in Merrill Thoman LLP. Merrill Thoman has been in the Indianapolis area for over 20 years and Somerset for more than 55 years. Joining with Somerset will provide more specialized services to Merrill Thoman clients. The […]

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You have heard it many times before. Worse yet, you are living in the moment. Today, many small and midsize CPA firms are being challenged by slow organic growth coupled with an unprecedented pace of technological change, intense margin pressure, too many competitors, and a shortage of qualified talent (particularly in the tax area). It […]

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A big problem for almost every accounting practice is the tax season workload compression. It is what it is, but it doesn’t have to be. Here are some suggestions on how to pull work out of tax season and push it into November and December to better handle the extra work. Before I start, I […]

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Top 100 Firm blumshapiro has added SunBlock Systems, a consulting firm in Reston, Virginia, that provides cybersecurity, digital forensics and business intelligence services, effective Oct. 1, 2019. As part of the deal, SunBlock will become a division of blumshapiro. Financial terms were not disclosed. However, SunBlock earned $1.5 million in annual revenue, while blumshapiro said […]

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The post-tax-reform decline in the Schedule A, the redesign of the 1040 and the continuing prevalence of e-filing will reshape the future filing landscape, according to the IRS. The IRS Statistics of Income Division’s recently released “The 2019 Calendar Year Projections of Individual Returns by Major Processing Categories” (Publication 6187) presents multi-year projections of the […]

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French toast; unsportsmanlike conduct; nailed; and other highlights of recent tax cases. New York: The U.S. has settled a civil injunction lawsuit against CPA Michael N. Schwartz to permanently enjoin him from organizing, promoting or selling abusive tax shelters. The shelters that Schwartz sold involved complex foreign currency transactions designed to generate artificial losses. Investors […]

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Environmental, social and governance reporting is filled with competing sets of sustainability-related standards that are in need of simplification and consolidation, according to accounting standard-setters and experts. “What we need in the world of ESG is a convergence project,” said International Accounting Standards Board Chairman Hans Hoogervorst during an event in New York on Wednesday […]

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