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Are There Conflicts of Interest Between the IRS and Accounting Firms?

CPA Practice

The question in the title of this article is one the Treasury Inspector General for Tax Administration (TIGTA) recently tried to answer for some members of Congress who asked the IRS watchdog to evaluate employees moving between large accounting firms and the IRS, often referred to as the “revolving door.”

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15 Accounting Firms Are Now Members of the ‘Billion-Dollar Club’ in the U.S.

CPA Practice

Fifteen public accounting firms in the U.S. made $1 billion or more in revenue during their most recent fiscal year, according to the newly released top 500 firms ranking for 2023 from INSIDE Public Accounting. There are three new additions to the “billion-dollar club” for 2023. million in 2022.

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Friday Footnotes: The ERC Problem; EY Double Dips; Stress Less in Public Accounting | 5.26.23

Going Concern

Long Read How a Pandemic-Era Program Became a Magnet for Fraud [ New York Times ] Amid the onset of the pandemic in 2020, as large swaths of the economy went into lockdown, Washington set up various programs to help keep businesses and their workers afloat. Have a safe Memorial Day. million over a decade.

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Accounting Firm UHY LLC Expands into New Hampshire Market

CPA Practice

UHY LLP will expand its presence in the Northeast with the combination of the certified public accounting firm Bigelow & Company, located in Manchester and Portsmouth, New Hampshire. As one of the fastest growing accounting firms in the U.S., Nationally, UHY employs over 1,600 professionals in 34 U.S.

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Armanino to Merge in Top 200 Firm Janover

CPA Practice

Top 20 accounting firm Armanino, based in San Ramon, CA, said on Tuesday it is merging with Garden City, NY-based CPA and advisory firm Janover. Garden City will be Armanino’s second location in New York; the firm has had an office in New York City since 2021. by revenue, pulling in $45.5

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The Dallas Cowboys Are Getting Some Extra Accountants With This CohnReznick Merger

Going Concern

CohnReznick announced a merger with Dallas firm BKM Sowan Horan and the Dallas Morning News took the opportunity to trumpet the happy nuptials of the official accounting firm of the Dallas Cowboys. Dallas Morning News : CohnReznick, the 15th largest accounting firm in the U.S. We don’t want that.”.

Account 104
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Top 50 Firms Berdon and Citrin Cooperman Say They Are Uniting

CPA Practice

New York-based Citrin Cooperman said on Wednesday it has acquired fellow New York firm Berdon, in a deal that should place the combined firm among the 20 largest in the U.S. Citrin Cooperman is the 24th largest accounting firm in the U.S. with annual revenues of more than $600 million.