The annual Top 100 Firms report that accompanied our March 16-April 5, 2009, issue contained Accounting Today estimates of the fee split for No. 1-ranked Deloitte & Touche; the firm has since reported actual figures. Its 2008 fee split was A&A - 40 percent; Tax - 23 percent; Consulting - 32 percent; and Other - 5 percent. For Deloitte, A&A includes enterprise risk management, and "Other" is composed of financial advisory services.
The Internal Revenue Service issued a warning about promoters selling fraudulent "Tribal Tax Credits" that don't actually exist under federal law.
The IRS needs to take further steps to improve its security program deficiencies, according to a new report.
Plus, FloQast launches governed workflow agents, AI journal review; CPA Crossings launches AI-enhanced CPE management; and other accounting tech news.
Plus, Citrin Cooperman launches transfer pricing practice; KNAV debuts enterprise GRC platform; and other firm and personnel news.
Millions on OnlyFans; 'Administrative Expenses;' cookie decorating class; and other highlights of recent tax cases.
The National Association of Tax Professionals is asking Senate Finance Committee leaders to prod their colleagues to take up the wide-ranging legislation.
