Firm News: Aug. 29, 2014

ALABAMA

PrimeGlobal added Carr, Riggs & Ingram CPAs and Advisors LLC, headquartered in Enterprise, AL, as its newest member in the North American Region.

CALIFORNIA

Thirty staff members from White Nelson Diehl Evans participated in a carnival that the firm organized for the Boys & Girls Clubs of Garden Grove. The WNDE team members set up and staffed 15 stations at the carnival, including the potato sack race, milk bottle knockdown, ping pong number toss, ring toss, three-legged race and animal balloons, a favorite for many children. About 120 children participated in the carnival. … Individuals and businesses that have transacted in Bitcoin and other digital currencies can now easily calculate their tax obligations using Libra’s tax software. The software will accommodate all 2013 and earlier digital currency users, including those who filed for extensions in spring 2014. Even those who have already filed will want to amend their tax returns once they discover that reportable capital gains may be significantly reduced with optimized accounting options. … GALLINA LLP will be honored by the Golden Empire Council Boy Scouts of America on September 26, 2014 when it will be named the 2014 Corporate Citizen of the Year at the Golden Empire Council’s Professional Luncheon.

CONNECTICUT

Registration now is open for an upcoming Financial Accounting Standards Board webcast that looks at the 2015 GAAP Taxonomy. IN FOCUS: Proposed 2015 GAAP Financial Reporting Taxonomy, ASU Taxonomy Changes, Taxonomy Implementation Guides, Taxonomy Simplification will take place on Tuesday, September 9, 2014, from 1:00 to 2:30 p.m. EDT. Participants in the live broadcast (which is offered free of charge to those who preregister) will be eligible for up to 1.5 hours of Continuing Professional Education credit. CPE credit is not available for group viewing of the live broadcast. 

ILLINOIS

Wolters Kluwer CCH today announced that for the 10th consecutive year, it has been selected by the Internal Revenue Service to deliver comprehensive sales tax rate and taxability tables to efficiently help millions across the country prepare their tax returns. With access to updated information from thousands of tax jurisdictions provided by Wolters Kluwer CCH, tax filers may conveniently determine whether they’ll save more by deducting state and local sales taxes they’ve accrued during the year instead of taking standard or itemized tax deductions. … Associated Equipment Distributors has selected WTP Exchange, for the fourth year running as its Preferred Provider for Like-Kind Exchange services. WTP Exchange is an affiliate company of global tax and business advisory firm WTP Advisors, which was also recently named to the Inc 500|5000 list of America’s fastest-growing private companies for the fourth year in a row. … Inc. magazine ranked Sikich LLP No. 3829 — up from No. 4627 in 2013 — on its 33rd annual Inc. 5000.

MARYLAND

Councilor, Buchanan & Mitchell PC has conducted their first School Supplies Drive, which pulled in more than $1,000 worth of school supplies. The final donations were delivered to the Housing Opportunity Community Partners in the form of thirty backpacks; each filled with all of the supplies required for the recipient student will need for a successful start to their school year.

MICHIGAN

CPA firm Clayton & McKervey PC has been named one of Metropolitan Detroit’s 101 Best and Brightest Companies for the 10th straight year.

NEW JERSEY

HBK has been recognized among the “Best Employers in Ohio” in the survey’s “large employer” category. The recognition is among multiple national and local awards and rankings the firm has earned in 2014.

NEW YORK

The American Institute of CPAs has announced its 2014 Accounting Scholars Leadership Workshop graduating class. The 114 students selected for the Workshop successfully completed the two-day program, which strengthened their professional and success skills, while highlighting the career possibilities becoming a CPA affords. … The New York State Society of Certified Public Accountants and its Foundation for Accounting Education have announced the 71 New York college students who will receive Excellence in Accounting Scholarships for the 2014-2015 school year. The scholarships are awarded in order to provide financial assistance and support to accounting majors. Fifty-eight college students received a $2,500 scholarship; six received $1,250, one received $1,000 and four received $500 grants sponsored by accounting firm Anchin, Block & Anchin LLP. … For the fourth year running, WTP Advisors has been named to Inc. Magazine’s annual ranking of America’s fastest-growing private companies. …

PENNSYLVANIA

Fesnak LLP has been recognized by Inc. Magazine in their annual Inc. 5000 list. Fesnak was ranked 267th within the financial services category.

TEXAS

UHY LLP and Financial Executives Internationalconducted a survey which found that mid-size company CFOs need to improve their transaction skills to maximize their companies’ opportunities in the coming years. Almost two-thirds 60 percent of financial executives pointed to transaction abilities as the skill area most needing improvement among CFOs of middle market companies in a UHY LLP-FEI survey conducted during the firms’ “CFO Summer Breakfast Series” this week in Houston. Another 36 percent identified finance as the area most needing strengthening; only 4-percent saw accounting skills as an area of CFO weakness. 

UNITED KINGDOM

HLB International recently signed new members in Chile, Kenya, Rwanda & Uganda. CEYA, now HLB Chile, was established in 2000 and is present in Santiago and Valparaiso. The firm, whose partners are all Big Four-trained, provides audit, tax and advisory services and has special sector expertise in ports and shipping. In Kenya, Cezam and Associates, based in Nairobi, was established in 2002 and provides audit, tax and advisory services. The firm has special expertise in the following industries: agriculture, education, manufacturing, services and NGOs. In Rwanda & Uganda, Garry Whiteknight & Partners is based in Kigali, Rwanda and Kampala, Uganda. The firm, which was established in 2005, has Big Four-trained partners.

WASHINGTON

Peterson Sullivan LLP has won the 2014 WSCPA Business of the Year Award. Peterson Sullivan is a Seattle-based public accounting and business advisory firm with more than 150 professional and support staff. Peterson Sullivan has many employees who volunteer for the WSCPA and has been a long-time supporter of the activities and programs of the WSCPA.

WISCONSIN

Wipfli LLP formed a partnership with Vertex SMB, the primary sales and use tax solutions provider for small and medium-sized business. The relationship between Wipfli and Vertex SMB will deliver to the middle market a strong solution in the sales and use tax space from two of the leaders in tax and accounting services.

 

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