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dom esposito, ex-grant thornton ceo, dead at age 74

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dom esposito: 1947-2021
dom esposito: 1947-2021

a long and distinguished career at the pinnacles of the cpa profession.

by 卡塔尔世界杯常规比赛时间

domenick j. esposito, the former ceo of grant thornton, vice-chair of bdo, and national growth director at cohnreznick, died sept. 22 at the age of 74, at his home in westport, conn.

the family said he passed peacefully in his sleep. survivors include wife dorothy savino esposito, daughter karen, and a granddaughter. funeral arrangements, details and tributes can be found here.

from comments: “a good friend and colleague who will be missed by many..”  “the kindest man i ever met…”   “made me a better accountant…”  “always a gentleman…”  “great competitor and friend…”  “truly one of the most brilliant in the profession…”   “a great visionary and leader…”

“dom was a pillar of the cpa profession he so loved, and his work lives on in the thousands of lives he touched in a long and distinguished career,” said rick telberg, ceo of 卡塔尔世界杯常规比赛时间, which published his “8 steps to great: the eight essential strategies driving success at the world’s largest cpa firms. and how to apply the lessons at firms of all sizes.”  see his articles for 卡塔尔世界杯常规比赛时间 here.

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eisneramper gets private equity backing

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charly weinstein on cnbc talking about the private equity deal.

towerbrook capital partners’ infusion “reimagines the traditional accounting firm model.”

by 卡塔尔世界杯常规比赛时间

eisneramper llp – one of the profession’s top 20 firms with more than $420 in annual billings, 200 partners, and 1,200 employees – has sold about half the firm to towerbrook capital partners, a private equity fund with big investments in the financial services sector.

more on private equity for cpa firms:

flash briefing webinar: a “call to arms” after eisner private equity deal, with dom esposito and anthony zecca

analysis by esposito and zecca: how outside capital can remake cpa firms

analysis by esposito and zecca: private equity the new source of growth capital for cpa firms?

eisneramper gets private equity backing

as a result, eisner is splitting into two entities: the legacy eisneramper llp, a licensed cpa firm, to provide attest services, and the new pe-funded eisner advisory group llc, for business advisory and non-attest services. terms were not disclosed but towerbrook has a reputation for taking controlling interests in the companies it funds. audit and assurance account for about 49 percent of eisner’s pre-deal billings, with 42 percent from tax and 9 percent in consulting.

“it will be a positive disruptor in the profession,” according to charly weinstein, eisneramper ceo.  “rather than conforming to traditional frameworks, adopting a new model of ownership facilitates the best structure for the firm to drive growth and innovative solutions to our clients. our colleagues will be able to chart a course for success in our purpose-built practice structure.”

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bradley burnett: the “uncle billy” problem with the erc

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irs notice 2021-29 “drops a bomb” on the employee retention credit.

get the podcast version here

with bradley burnett, jd llm

with 18 months of water under the bridge, we’re three-fourths of the way through the employee retention program, the irs changed their mind on an extremely important issue that changes many, many tax situations.

the question is: who’s eligible? and who’s not? read more →

rootworks acquires cpa practice advisor

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joel hughes (left) and darren root
joel hughes (left) and darren root
perry

with a goal to expand education-based ecosystem dedicated to accounting firm improvement.

by 卡塔尔世界杯常规比赛时间
via businesswire

rootworks, a part of right networks since mid-2020, has acquired cpa practice advisor from endeavor business media llc.

see right networks’s joel hughes and rootworks’ darren root discuss their merger last year at right networks acquires rootworks

the move allows rootworks to expand its educational ecosystem by leveraging cpa practice advisor’s content across a broad spectrum of digital channels. terms were not disclosed. read more →

cpas see best outlook in three years, with notable exceptions

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some 76% of cpa corporate executives are now optimistic about the prospects for their own organization, less so about the u.s. economy in general.

cpa execs forecast economic boom.

by 卡塔尔世界杯常规比赛时间
via aicpa

the economy is poised to come roaring back in the year ahead, with forecasts for revenue and profit growth not seen since 2018, according to the second-quarter aicpa economic outlook survey of members in business and industry.

more surveys & research: women lag men in accounting jobs recovery  |  tax season ends with pros covering 54% of returns  |  tax pros retake market share from diyers  |  tax pros race to the finish line |  making partner: what managers need to know  |  survey: tax season swings into the red  |  who’s heating up accounting tech?  |  another tax season from hell?

exclusively for pro members. log in here or 2022世界杯足球排名 today.goprocpa.com

there are concerns, however. “availability of skilled personnel” reemerged as the top-cited challenge for businesses as job recruitment turns up. and two-thirds of business executives now express concern about inflation, up from 44 percent last quarter.

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avalara launches new tax automated compliance apps for accountants at all levels of practice

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offers accountants the tools to build an independent salt practice.

by 卡塔尔世界杯常规比赛时间
via avalara

avalara inc., a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced an array of new tax compliance automation products and services designed specifically for accountants. the announcement is timed for the opening of avalara’s annual user conference, crush.

avalara for accountants provides accounting professionals with the technology to simplify and streamline their tax compliance practice, including:

  • sales tax returns preparation and filing automation options
  • license research, preparation, and management
  • sales tax expert advice

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why your google ranking is about to tank

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new algorithm could penalize older, slower sites.

by sandi leyva, cpa

i don’t know about you, but i would prefer to go through tax season without any interruptions, especially about marketing. but google doesn’t see it that way, and we have a significant search algorithm update hitting us in may 2021. if firms aren’t ready, they could see their search rankings, and correspondingly, prospects and future clients from website traffic, go way down.

more on small-firm growth strategies: seven tips to keep the clients you have | 12 ways to stress less this busy season | six ways to make your own history during women’s history month | ppp client fraud: how much risk is too much? | 3 ways to opt out of any downturn | how to lead in a crisis
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

while google updates its search ranking algorithm on a daily basis, it generally announces big changes ahead of time. google’s may 2021 update will focus on “page experience,” which includes three metrics called core vitals as well as four additional page experience signals.

no one knows the exact algorithm that google uses to rank web pages in search results. experts say there are over 200 ranking factors to consider. the latest update is all about providing a better mobile experience for the user.

here’s what all that means in detail. read more →

avalara crush 2021: the new rules for tax tech

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mcfarlane

ceo mcfarlane: “navigate the new rules that are defining global commerce as we know it.”

avalara, a leading provider of tax compliance automation for businesses of all sizes, today announced details of its keynotes and featured speakers for avalara crush virtual, its fifth annual tax conference, and industry gathering.

“this year, avalara crush is designed to help attendees navigate the new rules that are defining global commerce as we know it,” said scott mcfarlane, co-founder, and ceo of avalara. “we’ve assembled thought leaders and experts on the forefront of tax compliance to share their insights, views, and strategies for success. i’m confident that attendees will walk away with the knowledge and insights needed to tackle tax compliance and help ensure tax never stands in the way of opportunity.”

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annual criminal tax conference set for june 4

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the one-day online conference features irs leaders and top tax attorneys and eight cpe credits.

hosted by eric green

key irs leaders and nationally recognized criminal tax attorneys will convene june 4 for the fourth annual criminal tax day 2021, a one-day online conference hosted by green & sklarz foundation trust that provides educational cpe/cle sessions for cpas, eas, and attorneys on the hottest criminal tax topics. all proceeds go to charity.

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hunker down: the irs backlog isn’t going away anytime soon

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the bottom line: for every dollar in new funding, the irs could be collecting 10 times that. 

the tax season from hell:
will the new may 17 extension help or hurt accountants?
join the survey. get the answers.

by 卡塔尔世界杯常规比赛时间 research

irs commissioner charles rettig says the backlog of millions of returns will remain unresolved for months more.

//www.g005e.com/?p=82486“we would hope to be through this backlog by the summer,” rettig told house ways and means oversight subcommittee chairman bill pascrell, who said 24 million returns are jammed in the irs pileup. rettig countered with 2.4 million, the number of individual returns.

more on a tax season from hell: what tax pros are saying about busy season 2021 | hunting the amended return | the irs studebaker bomb | make your firm faster, smarter, richer … with millennials | tax professionals report tough slogging | 50 ways to make more money in busy season | stop beating up the irs – really | imagine irs ‘concierge’ service. just imagine.

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

his testimony came a day after the government announced it would extend the filing deadline from april 15 to may 17, with crucial details still to be determined. the new rules sent tax software companies rushing to push out updates and left accountants and their clients in limbo. and, he said the delay in the tax-filing deadline could postpone the launch of a new monthly child tax credit payment program,

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trullion: new a.i. startup targets rev rec, lease accounting

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founder and ceo isaac heller seeks to be “single source of truth” for lenders.

with rick telberg
for 卡塔尔世界杯常规比赛时间

on the even of trullion breaking out of stealth mode, ceo and co-founder isaac heller tells 卡塔尔世界杯常规比赛时间 in this video interview how the new fintech company can automate the process of lease accounting to establish a cost-effective, functional view of contract data for auditors accounting firms and cfos alike.

more in tech: make tech your ally in protecting clients | satellite internet takes a promising step forward | survey: your top tech problem? | fireeye network audit tool targets solarwinds hackers | deliver internal reports digitally | space factories! darpa launches new program |

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

formerly known as smrt, the trullion platform automates unstructured data such as pdfs and translates them into real-time financial reports, including lease accounting and revenue recognition.

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