IRS UPDATES

IRS Update on Penalty Relief, CRATs, Chatbots, and COVID Refund Claims

The IRS rarely sends one clean message. This week, it sent four. It offered automatic penalty relief to compliant taxpayers, tightened reporting around abusive charitable trust arr...

PEOPLE UPDATES

Cindy Sutton Appointed as Chief People & Culture Officer at CohnReznick

CohnReznick, a prominent New York-based accounting firm, has announced the appointment of Cindy Sutton as Partner and Chief People & Culture Officer. With a fiscal year 2024 ne...

M&A UPDATES

Ascend Expands in Pennsylvania with Kreischer Miller Merger

Arlington, Va.-based Ascend has announced a significant expansion through the addition of Horsham, Pa.-based Kreischer Miller, a prominent firm with FY24 net revenue of $55.6 milli...

M&A UPDATES

Offit & Roth Joins RRBB, Expanding Advisory Reach

Somerset, N.J.-based RRBB has announced the strategic addition of Lutherville, Md.-based Offit & Roth, marking a significant expansion of RRBB's advisory platform into Maryland...

M&A UPDATES

LerroSarbey Acquires Levenson Katzin & Ballotta

LerroSarbey, a Boca Raton-based accounting firm, has announced the acquisition of Levenson, Katzin & Ballotta, effective July 1. This strategic move is set to enhance LerroSarb...

PEOPLE UPDATES

EisnerAmper Appoints Timothy Drozd as CFO

EisnerAmper (FY24 net revenue of $1.02 billion), a prominent New York-based accounting firm, has announced the appointment of Timothy Drozd as its new Chief Financial Officer. With...

FINANCE

How Kohl’s Lost Middle America and Is Trying to Get It Back

Kohl’s did not lose shoppers overnight. It lost them the way many companies lose their best customers: one small assumption at a time. A category disappears. A coupon feels less ...

ACCOUNTING & TAXES

2026 FIFA World Cup Players and the IRS Tax Catch

A World Cup player may expect pressure from defenders, referees, and a stadium full of fans. What they may not expect is a tax bill waiting at the airport. The 2026 FIFA World Cup ...

M&A UPDATES

Vitolo & Associates Joins Smolin, Enhancing Advisory Services

Parsippany, N.J.-based Smolin Lupin & Co., a prominent firm with a net revenue of $33.5 million in FY24, has announced the integration of Sea Girt, N.J.-based Vitolo & Asso...