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Blog Articles & Video January 2022

Private equity firm acquiring RSM US wealth practice

Parthenon Capital, a private equity firm based in Boston, has struck an agreement with Chicago-based RSM US LLP, to acquire Top Five Firm’s wealth management practice. RSM US Wealth Management LLC will be renamed Choreo LLC, with “Choreo” as the new brand name. The deal is expected to be completed

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How to Permanently Resolve QuickBooks Error QBW32.exe?

QuickBooks is a vigorous accounting software that has several advanced features under its head. One of these prominent components of QB is the QBW32.exe file, where QBW32 stands for QuickBooks by Windows for 32-bit and is a program installation file. Any issue in this file could lead to a technical

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The Ultimate January Checklist for Bookkeepers

January can be a stressful month for bookkeepers. In addition to our normal workload, we have additional payroll deadlines, 1099s are due, we’re trying to close out the books so our clients’ accountants can work their magic and many of our clients are asking for strategic meetings to help them

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4 Simple Solutions to Fix QuickBooks Error 176

You can connect your bank account to QuickBooks to avoid the manual data entry challenges and prevent errors that can affect your accounting data due to manual data entry. QuickBooks streamlines the overall online banking operations and makes it convenient and safe for users. Once your bank account is linked

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M&A roundup: Wiss, High Rock and ATA expand

Details: Alexander Thompson Arnold PLLC, also known as ATA CPAs, a firm based in Edison, New Jersey, has expanded to Arkansas by acquiring JWCK Ltd., formerly known as Jordan, Woosley, Crone & Keaton, Ltd., a firm in Hot Springs, effective Jan. 1, 2022. The merger adds 14 professionals to the

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Why the Capacity Problem is Not a People Problem

At the recent Digital CPA conference I had the pleasure of sitting in Jennifer Wilson’s session, “Solving the Capacity Problem.” This is an issue that hamstrings public accounting firms, and I think defining it clearly is important. The problem is that there is too much work and not enough people.

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IRS starts requiring e-filing of Form 1024

The Internal Revenue Service has revised Form 1024, “Application for Recognition of Exemption Under Section 501(a) or Section 521 of the Internal Revenue Code,” to permit electronic filing, and is beginning to require applications for tax-exempt status to be e-filed. Starting Monday, Jan. 3, applications for recognition of exemption on

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