Firm News -- Jan. 11, 2016
A roundup of reports, alliances, association membership and other news from firms across the country and around the world.
Novogradac & Co. LLP, San Francisco, has released a 160-page report on the beneficial effects of the Low-Income Housing Tax Credit, which is approaching its 30th anniversary, and which the firm calls "America's most important and successful affordable housing production tool." The LIHTC serves low-, very-low and extremely low-income renters-and the Novogradac Low-Income Housing Tax Credit Showcase explains how the LIHTC works and who lives in the affordable rental homes financed by the credit. The report also describes various types of LIHTC properties and looks at the credit from the perspective of residents, state housing agencies, developers, investors and syndicators. Downloadable copies of the report are available here.
Chunowitz, Teitelbaum & Mandel Ltd., Lincolnshire, has become a Ronald McDonald House Charities of Chicagoland & Northwest Indiana Caring Partner in 2016.
McGuire Sponsel LLC, Indianapolis, has created a strategic alliance with Energy Impact LLC to combine the former's tax and consulting service with the latter's utility, engineering and auditing expertise. Energy Impact will be moving into McGuire Sponsel's office in downtown Indianapolis. Each firm will remain independent.
Allen, Gibbs & Houlik, Wichita, has joined the North American Region of international association of independent accounting firms PrimeGlobal.
The Maryland Association of CPAs will hold its annual CPA Day in Annapolis on January 21, which will include meetings with state legislators to discuss critical issues like sales tax on professional services, conforming state and federal and state tax deadlines, and more. MACPA members are encouraged to register for the program. New members are welcome, and a post-event gathering is planned for the New/Young Professionals Network. Educational and prep materials are provided by the association to enhance this advocacy effort, and participants in the free program earn two hours of CPE.
Clayton & McKervey. Detroit, has joined the North American Region of international association of independent accounting firms PrimeGlobal.
The Center for Disability Services and UHY LLP will host a special appearance by New York Giants defensive end Jason Pierre-Paul during the 56th annual Center for Disability Services Telethon at the Radisson Hotel on Wolf Road in Albany on Sunday, January 31. Pierre-Paul will sign autographs and take photos with fans from noon to 3 p.m. with proceeds benefitting the Center for Disability Services. Pierre-Paul's appearance is presented by UHY LLP, which will also donate $48,500 to the Center for Disability Services during the telethon.
The Texas Society of CPAs is celebrating the 100th anniversary of its founding in 1915 with 16 members in Ft. Worth. Today, it has 20 chapters with nearly 28,000 members across the state.
The National Society of Accountants Scholarship Foundation is accepting scholarship applications from undergraduates who are U.S. or Canadian citizens majoring in accounting at an accredited two- or four-year college or university in the United States. Applicants for awards are judged on the basis of scholastic achievement, demonstrated leadership ability, and financial need. They must have a "B" (3.0 on a 4.0 scale) or better grade point average. Scholarships typically range from $500-$2,500. Scholarship applications are due March 31, 2016. Application guidelines and additional information are available online.
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