Private equity

Phil Whitman offers a primer on what the entry of PE money into the accounting profession means for firms.

The Top 25 Firm has added a consulting firm in Massachusetts that specializes in helping clients price their services to win federal government contracts.

Private equity firm New Mountain Capital has acquired a majority interest in Citrin Cooperman, a Top 25 Firm based in New York.

The Top 20 Firm is adding an accounting and advisory firm headquartered in Manhattan.

There’s something to be said for bottom line discipline, but no matter how much tech we bring into the equation, CPA firms are first and foremost a “people business.”

Citrin Cooperman, a Top 25 Firm based in New York, has expanded its presence to South Florida by adding two firms, Appelrouth, Farah & Co. PA, in Coral Gables, and Bloom, Gettis & Habib PA, in Miami.

Warren Averett became the latest accounting firm to receive capital from a private equity or investment firm, but in this case the money will go to the firm’s asset management subsidiary.

The Internal Revenue Service provided detailed reporting directions Wednesday for certain passthrough entities and taxpayers reporting partnership interests held in connection with the performance of services, often referred to as “carried interest.”

Midsized to large CPA firms may be considering a private equity transaction, but there is much to be considered beforehand.

Accounting Today mourns the loss of our longtime columnist Dom Esposito. In this column, he and consultant Tony Zecca write about the trend of private equity firms investing in CPA firms.

Private equity firms are increasing their funding of accounting firms in a pair of deals announced this week, with Lightyear Capital partnering with Schellman & Co., and CVC Capital Partners investing in CFGI.

What are the rules of setting up an alternative practice structure when a private equity firm invests in a CPA firm?

Two senior Democrats are proposing a bill that would go further than President Joe Biden’s plan and potentially raise quadruple the revenue.

The Top 20 Firm received an investment from TowerBrook Capital Partners and is separating the non-attest side into an entity called Eisner Advisory Group LLC.

Stephen Schwarzman said the risk of an increase in U.S. capital gains taxes has led to explosive growth in potential targets for his alternative investment firm.

Even as they look to ramp up acquisitions, funds are worried about the potential impact of these much-discussed taxes.

Three Democratic senators introduced legislation that would stop the tax breaks used by private equity money managers and others.

Amid regulatory change, margin pressure and technological shifts, private equity firms need to rethink their approach to tax and finance functions. Petter Wendel, EY global tax private equity leader, shares how based on findings from the 2020 EY Tax and Finance Operate Survey.

Three House Democrats are pushing legislation that would repeal the carried-interest tax break used by fund managers to reduce the levies they owe to the Internal Revenue Service.

Many HNW investors are underwhelmed with the offerings of the average financial planning firm.