Super-regional CPA and business advisory firm Plante & Moran said that it would merge in BKR Dupuis & Ryden, a Flint, Mich.-based concern, effective July 1. Terms were not disclosed. Going forward, the firm will operate under the brand Plante & Moran PLLC. The union with BKR adds seven partners, 60 staff and $7.5 million in revenue to Plante & Moran. Bill Hermann, P&M's managing partner, said that the marriage with BKR "closes the gap" in the firm's geographic footprint in mid-Michigan, better positioning it in the Flint, Saginaw and midland corridor markets. Established in Flint in 1932, BKR is the among the oldest and largest accounting firms in the Flint area. Plante & Moran will operate out of BKR Dupuis & Ryden's Flint offices, while staffers from BKR's offices in Ann Arbor will relocate to Plante & Moran's office there. The addition of BKR boosts Plante & Moran to a total of 204 partners, a total staff of 1,450 and annual revenue of roughly $210 million. Plante & Moran ranked No. 15 on Accounting Today's 2005 Top 100 Firms ranking.
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The Top 25 Firm Eide Bailly will acquire accounting and advisory firm MUN, expanding its footprint with five offices in key markets.
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The Internal Revenue Service's Criminal Investigation unit has been stepping up its enforcement efforts targeting financial crimes tied to illegal gambling.
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Plus, Hitendra Patil releases a new book; Koltin Group and Bennett Thrasher make Inc. 5000; and other firm and personnel news from across the profession.
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The combined average U.S. sales tax rate rose for the first time in four years to a 10-year high of 10.1881%, according to a new report.
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The National Association of Tax Professionals unveiled Accredited Individual Tax Professional and Advanced Accredited Individual Tax Professional credentials.
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Plus, TransFi launches Jarvis for cross-border payment compliance; PwC Canada joins with Alation to develop AI solutions; and other accounting tech news.
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