Regional CPA and business advisory firm WithumSmith+Brown has merged with Morristown N.J.-based Gershon, Pierce, Lissak & Co. Terms were not disclosed. Founded in 1984, GPL provides financial planning and tax compliance services, estate and trust administration, litigation support, joint defense funds administration, and forensic accounting services. The union adds seven partners and 26 staffers to WithumSmith+Brown and brings the firms partner total to 27. In 2004, WS+B posted revenues of roughly $31 million. The marriage with GPL marks the second merger in as many months for WSB. In January, it merged in another New Jersey firm, Mendlowitz Weitsen, which added three principals and 10 staff members.
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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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