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News
Intuit announces Intuit Intelligence Chat, other upgrades for Enterprise Suite and QBOA
1+ mon, 1+ day ago (193+ words) Intuit also noted that the feature has accounting practice management implications as well: firms are already using it to do things like deploy agents on the platform to close their books faster, customized to how each firm actually serves its…...
Condo casualty losses: Deductions for common-interest property
2+ mon, 1+ week ago (934+ words) When disaster strikes a condominium or planned community, owners often pay for common-area repairs — but don’t always get the casualty loss deduction they expect. This article addresses when deductions are allowed and how communities might restructure ownership to unlock tax…...
Whitman launches firm valuation tool
2+ mon, 2+ week ago (313+ words) "Leaders need more than a simple valuation, they require a strategic roadmap," Philip Whitman, CEO and president of Whitman Advisory, said in a statement. "We designed this platform to quickly turn raw financial data into the objective confidence executives need…...
Activist investor Jana Partners takes stake in medical device maker Cooper Companies, WSJ says
10+ mon, 3+ week ago (140+ words) Activist investor Jana Partners has taken a stake in medical device maker Cooper Cos. and will push the firm to explore strategic options, The Wall Street Journal reported Monday. Shares of Cooper were up 4% in afternoon trading Monday. The hedge…...
Baker Tilly acquires Anchin
3+ mon, 4+ day ago (208+ words) Top 10 Firm Baker Tilly today announced it will acquire Top 100 Firm Anchin, Block & Anchin, and will move its headquarters from Chicago to New York City. Russell Shinsky, managing partner of Anchin, will serve as Baker Tilly's New York managing principal…...
SpaceX, OpenAI valuations would mean they leapfrog Berkshire Hathaway on first day of trading
3+ mon, 3+ week ago (399+ words) A slew of tech mega-IPOs are ahead and they're set to push Warren Buffett aside on their first day of trading. SpaceX on Wednesday officially filed to go public on the Nasdaq. On the same day, reports circulated that OpenAI…...
Intuit to sunset ProAdvisor Program, launch new ProPartner Accountants program
3+ mon, 3+ week ago (767+ words) Intuit announced that, early next year, its ProAdvisor Program will be replaced with a new Intuit ProPartner Accountants program, touted as a next-generation global program for scaling and growth integrated with Intuit Accountant Suite. Compared to the individual-focused software certification…...
Lewis Group CPAs adds specialty-trades firm
3+ mon, 3+ week ago (131+ words) Lewis Group CPAs acquired specialty-trades accounting firm Atlas Accounting Group in April, expanding its presence in the Pacific Northwest, according to a report by the Vancouver Business Journal. The deal combines Atlas's trades specialty and Lewis's full-service tax practice. Regional…...
Berkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines
3+ mon, 4+ week ago (386+ words) Berkshire Hathaway added a sizeable stake in Delta Air Lines, marking the conglomerate's return to the airline industry after exiting the sector entirely during the Covid-19 pandemic in 2020. The Omaha-based company built a position worth more than $2.6 billion, making Delta…...
Intuit launches QuickBooks Workforce for HCM, payroll
4+ mon, 6+ day ago (339+ words) Intuit has expanded further into payroll, time tracking, benefits, onboarding and other human capital needs through the release of its new solution QuickBooks Workforce. The new platform, which is built on the technology of the GoCo HR platform Intuit acquired…...