Many companies have benefited from federal government relief acts and programs such as the American Rescue Plan or the Provider Relief Funds during the pandemic. But if they are a nonfederal entity that spent $750,000 or more in federal funds during a fiscal year, they will be required to have
This year has seen meaningful, long-lasting developments around the changing landscape of streaming entertainment: mergers and bundling, rising availability of free alternative services, and perhaps biggest of all, the imminent arrival of cheaper, ad-supported plans from some of the biggest names in the business. We’re seeing ongoing news stories about
Details: BSSF Wealth LLC merged with Lighthouse Wealth Management LLC, while adding an additional advisor, Teancum Light. Under the deal, BSSF Wealth is assuming the name of Lighthouse Wealth Management, which is a registered investment advisor. Its partnership with the accounting firm Brown Schultz Sheridan & Fritz will remain, however,
Jamie Fowler, Grant Thornton’s chief transformation officer, says, “In some ways, I think, all technologies are oversold when it comes to accountants.” While at first this may seem an odd thing coming from a major firm technology leader, Fowler was making a point about not putting the cart before the
CohnReznick, a Top 25 Firm based in New York, has been helping government authorities make sure the funds for large-scale infrastructure projects don’t go astray as spending on such projects ramps up after passage of a federal law last year. Earlier this year, the firm announced it was partnering with
The Public Company Accounting Oversight Board has named Barbara Vanich as its chief auditor after she served as acting chief auditor for nearly two years. Vanich was named acting chief auditor in November 2020 after serving as deputy chief auditor, associate chief auditor and special advisor. She has been working
Credit Suisse Group AG will aim to settle a tax fraud and money laundering case in France on Monday that saw coordinated raids in five countries from Australia to the U.K. The Swiss lender is in the final stretch of negotiations with prosecutors at the Parquet National Financier to reach
Liz Truss quit as U.K. prime minister after a brief and chaotic tenure that saw her announce a massive package of tax cuts before unwinding most of it in the face of a market rout. Truss, 47, said she was resigning after just 44 days in office, and is set
All workplaces come with built-in annoyances; great workplaces find ways to minimize those. For the 2022 Best Firms to Work For, that often means looking at work practices and traditions that are common to the accounting profession that aren’t necessary in a 20th century practice — and that are often
The Internal Revenue Service was provided with almost $80 billion in supplemental funding over a ten-year period by the Inflation Reduction Act to assist in restoring its operations after years of underfunding. The funds are stated to be intended to be in addition to their regular funding, which currently has
