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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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IRS Issues Favorable QSBS Tax Ruling for Businesses

Withum

The taxpayer in PLR 202221006 (March 3, 2022) is a pharmaceutical distributor that engages in the retail sale of a limited number of drugs. This second point is particularly helpful to selling shareholders who want clarity on whether their business is a QTB so they can calculate how much tax will be due on their sale of stock.

Tax 126
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Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies

KROST

This is one of the article in the KROST Quarterly Manufacturing Issue , titled “Relief Comes in the Form of R&D Tax Credits for Manufacturing Companies” by Guest Contributor, Michael Maroney. These companies include pharmaceutical, clothing, technology, cosmetics, textile, and others. Source: 1 [link].

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Will Congress Say Bah Humbug To Small Businesses?

Withum

Small business owners have been suffering in recent years with various federal tax laws impeding their ability to operate and grow. Congressional leaders went home this week for winter recess so there is no way for a tax extender bill to be passed in 2023, but there remains a glimmer of hope for action in early 2024. Ensuring the U.S.

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GAAPWEB 2023 Salary Survey

Accounting Insight

Our latest salary survey of over 1,300 finance and accounting professionals revealed the latest trends in salaries, bonuses, and newfound employee expectations. Similarly, the average Accountant salary decreased from £45,714 to £44,745. Are you Due a Pay Rise?

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Andersen Expands Presence in SoCal, Adds New Offices in Des Moines and Pittsburgh

CPA Practice

Following another strong year of aggressive growth, Andersen , a global provider of tax, valuation, financial advisory and related consulting services, has expanded its presence in Orange County, Calif. Likewise, clients in these markets will have access to Andersen’s full suite of tax services and extensive global platform.

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How to Make More Money With Artificial Intelligence

inDinero Accounting

AI is in marketing and sales, manufacturing, product and service development, and corporate finance and accounting. For example, automating the accounting function puts AI to work on those repetitive, high-volume computations that used to eat up far too much of your bookkeeper’s energy and brainpower. Ask your accounting team.