Accounting News

1. In the blogs: To be continued?

   TikTok and taxes; future of L.A. revenues; engagement limits; and other highlights from our favorite tax bloggers.

2. CRI merges in CapinCrouse

   Carr, Riggs & Ingram, a Top 25 Firm based in Enterprise, Alabama, has added CapinCrouse, a Regional Leader based in Indianapolis, effective Jan. 17, 2025.

3. Trump names Uyeda acting chair of SEC

   President Trump named Mark Uyeda, a Republican member of the SEC, as acting chairman as confirmation hearings await for Paul Atkins to succeed Gary Gensler.

4. Economic confidence grows among US accountants but plummets globally

   Accountants and other financial professionals in the U.S. are showing more signs of confidence in the economy, but optimism is waning elsewhere.

5. KPMG aims to become a law firm too

   KPMG US set up a subsidiary that has filed an application in Arizona to establish a law firm in the state, with hopes of going national.