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Professionals on the Move – Jan. 2024

CPA Practice

PKF Mueller Joins Cherry Bekaert to Expand Chicago Market Reach Cherry Bekaery, an assurance, tax and advisory firm, recently completed an acquisition transaction with PKF Mueller , a full-service certified public accounting and business advisory firm located in the metropolitan Chicago area.

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BEC Scammers Embrace Coronavirus Opportunity

PYMNTS

Fraud was all over the headlines this past week, with top stories related to Travelex’s ransomware payment , Luckin Coffee’s internal accounting fraud investigation, and new research anticipating an ongoing surge in payments fraud. Though the figure is high, it’s a decrease from 80 percent in 2018, the AFP noted.

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Will Congress Say Bah Humbug To Small Businesses?

Withum

Accountants are left scratching their heads in the realization that many of their clients are faced with devastating options, including severe cutbacks on their R&E expenditures, relocating research activities out of the United States, or even closing their business altogether. So what can we expect in the New Year?

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Experts Say NotPetya Cyberattack Came From Russia

PYMNTS

And many of them have an educated guess about who it was: Russia. pharmaceutical companies. NotPetya took an update from Ukrainian accounting software company MeDoc and made it its Trojan horse in order to get around firewalls.

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Year-End Tax Planning Strategies for Businesses

KROST

Currently, a de minimis safe harbor under the repair regs allows taxpayers to deduct certain items costing $5,000 or less (per item or invoice) and that are deductible in accordance with the company’s accounting policy reflected on their applicable financial statement (AFS). Chemical & Formula.

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Making B2B Marketplaces Sticky

PYMNTS

We help buyers with that education and research process, and once you’re ready to actually get quotes and start considering suppliers, we help create those request for quotes (RFQs). What suppliers are the most popular? If they are engaged with the platform, they tend to be really engaged, and they’re using us for hours a day sometimes.

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