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Monday Morning Accounting News Brief: EY Wants to Buy; Losers Dump NFTs For Tax Purposes; CPA Demand in 2031 | 1.9.23

Going Concern

Deloitte announced today that Anna Taylor — former tax and economic policy principal advisor to Senate Majority Leader Chuck Schumer (D-N.Y.) — has joined Deloitte’s Washington National Tax practice as the deputy managing principal of the Tax Policy Group.

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Friday Footnotes: PwC Slashes Partner Class; Accounting Firm Rescues Dog; Do We Still Need CPAs? | 4.19.24

Going Concern

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Comments are closed on Friday Footnotes and the Monday Morning Accounting News Brief by default. The Big Four accounting firm is considering adding about 85 U.S.

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Inflation Reduction Act Funding to IRS Will Increase Examinations; Time to Focus On Transfer Pricing

Withum

It is critical to ensure that your business has the right strategy in place where profits in each tax jurisdiction align with that entity’s relative contribution to the global business. The Congressional Budget Office estimates the IRS will raise $203 billion in additional revenue through 2031 as a direct result of this additional funding.

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