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BDO USA is Shifting From a Partnership to a Corporation

CPA Practice

on July 1, after the sixth largest accounting firm in the nation by revenue officially changes from its current partnership structure to a professional services corporation based in Delaware. Even though partnerships aren’t taxed, they must file a tax return each year unless the partnership has no income or expenses.

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Professionals on the Move – Jan. 2024

CPA Practice

Kavanagh joins CohnReznick as Assurance Partner CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, recently announced that Charles (Chuck) Kavanagh , CPA has joined the firm as an assurance partner. She helped found the Delaware chapter of the ACE Mentor Program in 2010.

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Qualified Improvement Property (QIP) Technical Correction and Bonus Depreciation

KROST

citizens and business to get over this devastating pandemic, the “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) was enacted in March 2020, providing many tax provisions that favor taxpayers. To help stimulate the economy and U.S. Background. Bonus Depreciation. To help taxpayers implement the change, the IRS released Rev.