CPA and business advisory firm Maddox Ungar PLLC has merged with Ronald N. Silberstein PLLC of Farmington Hills, Mich. Terms were not disclosed. Going forward, the firm will now operate under the brand Maddox Ungar Silberstein, PLLC. The union brings principal Ronald Silberstein and three staff members to MUS. The consolidated entity will have three principals and 14 staff members. Silberstein specialized in the audits of franchised businesses as well performing SEC work.
Despite high confidence from leaders in AI outputs, more than a quarter of executives said internal audits have detected AI errors that reached external audiences or the board.
The Treasury Department's Financial Crimes Enforcement Network issued a final rule permanently removing the requirement for U.S. companies and people to report beneficial ownership information.
The American Institute of CPAs asked the Treasury and the IRS to revise three of their recent notices on the corporate alternative minimum tax.
The proposed regulations clarify nondiscrimination requirements for employers offering Trump account contribution programs and dependent care assistance.
The International Financial Reporting Foundation named Steven Maijoor as the next chair of the IFRS Foundation Trustees, and Sam Woods as chair of the International Accounting Standards Board.
UHY acquired Michigan CFO Associates in Clinton Township, Michigan, expanding the Top 50 Firm's advisory capabilities.
