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News
Democrats probe IRS CEO's tie to Fiserv fall
10+ mon, 3+ day ago (440+ words) Senate Democrats are pressing Fiserv Inc. for information on the role former chief executive Frank Bisignano played in the company's plummeting fortunes before he took a role in President Donald Trump's administration. Firserv's shares plunged late last month after the…...
In the blogs: Off to the races
5+ mon, 1+ week ago (160+ words) March Madness; one ringy-dingy; trouble with tariffs; and other highlights from our favorite tax bloggers. Off to the races Name, image, and likeness Clean up in Aisle 12 Over a million of tax-favored accounts are eligible for a $1,000 contribution by the…...
OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important"
3+ mon, 3+ week ago (460+ words) Reports that OpenAI is set to confidentially file for an IPO as soon as Friday changed prediction market traders’ outlook on which private AI giant will debut on the public markets first. Traders on Kalshi now see OpenAI as the…...
Platform enters South Carolina
1+ mon, 4+ week ago (305+ words) Top 50 Firm Platform Accounting Group acquired The Hultquist Firm in Greenville, South Carolina, which will join as Milestone Advisors. Milestone is a tax, accounting and advisory firm servicing individuals and small to mid-sized businesses. The deal is Platform's first acquisition…...
In the blogs: In plain sight
11+ mon, 2+ week ago (173+ words) Tax traps; women in the profession; checking out; and other highlights from our favorite tax bloggers. Bring out your dead The Internal Revenue Service and Treasury Department's phase out of paper refund checks for individual taxpayers is the first step…...
On the move: A new chair for FICPA
2+ mon, 1+ week ago (180+ words) Amy Kistka was installed as the new chair of the Florida Institute of CPAs; new leaders at the Public Company Accounting Oversight Board; a host of scholarships from Sikich, RubinBrown, and the Illinois CPA Society; and other firm and personnel…...
Don't get left behind on AI in the Year of the Fire Horse
6+ mon, 3+ week ago (948+ words) The Lunar New Year is upon us, and with it comes the Year of the Fire Horse, one of the most significant years in the 60-year Chinese zodiac cycle. The Fire Horse, orbing-wu (丙午), combines two extraordinarily dynamic symbols: fire,…...
What is your firm worth?
5+ mon, 2+ week ago (1196+ words) As mergers and acquisitions in the accounting profession relentlessly pick up pace, firm leaders need to know how their firm's value is being determined — and how they can increase it. The entry of private equity into the accounting profession five…...
Grant Thornton's Peko: Reject incrementalism, embrace change
6+ mon, 1+ week ago (477+ words) Jim Peko, the CEO of Grant Thornton Advisors LLC, says it was only by abandoning a vision of incremental change that the Top 10 Firms was able to achieve the rapid growth they've experienced over the past few years. Much of…...
In the blogs: Take the high road
5+ mon, 2+ week ago (166+ words) Sweeping review; year-end procedures; close the book; and other highlights from our favorite tax bloggers. Take the high road Time to move on The IRS has been examining only a tiny fraction of tax filings from large partnerships due to…...