By a margin of 240-179, House lawmakers approved funding for the Internal Revenue Service for fiscal 2008 and in the process eliminated a provision that would have capped spending on the service's private debt collection program at $1 million. The program, which has divided Congress along party lines, allows the IRS to contract with private debt agencies to collect delinquent taxes. Having a $1 million limit would have ended the program. Currently the IRS has contracted with two private agencies, but is looking to expand the program this year according to reports.
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The Top 10 Firm grew by 3.5% overall, according to its 2026 Integrated Report.
October 2 -
The former Dallas police officer who murdered PwC associate Botham Jean in 2018 has been granted parole seven years into her 10-year sentence.
October 2 -
Grant Thornton launches enterprise assurance practice; Canopy rolls out external API support; Finsider launches with automated deal support; and other accounting tech news
October 2 -
The Top 50 Firm acquired Equify Advisors in Philadelphia, a NetSuite partner.
October 2 -
Plus, EisnerAmper names 25 partners; Bonadio's FoxPoint launches AI services for SMBs; and other firm and personnel news from across the profession.
October 2 -
Intuit, seeking to repair its somewhat tense relationship with the accounting community, has hired Dixie McCurley, previously of firm Cherry Bekaert, as its very first "managing partner in residence."
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