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With the early waves of Baby Boomer partners retiring or getting ready to hand over the keys to the firm, a diverse panel of partners and firm owners said constant communication with high-potential staff about growth opportunities, coupled with making firms appealing to younger professionals via investing in cutting-edge technologies, will serve to ease transition issues with regard to leadership succession.

Accounting and business consulting firm Citrin Cooperman has added four partners and 15 staff members from a recently dissolved White Plains, N.Y., accounting firm, Eisman, Zucker, Klein & Ruttenberg LLP.

The problem of abusive tax avoidance transactions is constantly changing, and the Internal Revenue Service needs better information to stay on top of it, according to a new government report.

CCH and Baker Tilly International have begun a strategic partnership that will enable accounting firms in the Baker Tilly International network to receive CCH news, insights and other information services.

With nearly 70 percent of audit fraud occurring at non-public companies, and multi-billion-dollar international scandals such as Parmalat and Satyam resulting in massive investor losses and lawsuits, a panel of experts at an accounting conference advised attendees on the red flags that CPA firms need to monitor, and new technologies that can help reduce audit risks and strengthen the confirmation process.

Accounting and tax firm White, Nelson & Co. held a clothing drive to benefit Women Helping Women, a Santa Ana, Calif.-based group that helps prepare women for the workplace after they escape a violent relationship.

Bradley H. Greenberg, CPA, MST, has been promoted to partner at Chicago-area accounting firm Silver Lerner Schwartz & Fertel.

Likening life and career to a self-directed and authored script, motivational consultant, author and entertainer, Curtis Zimmerman kicked off the 2011 AICPA Practitioners Symposium and Tech + Conference telling the more than 1,100 attendees that part of their life and career script should be “failing successfully” as they are the star in their own life show.

A Los Angeles attorney has been sentenced to 32 months in prison and two years of supervised release for his role in a tax shelter scheme.