PYA names next president and CEO
The Tennessee-based Top 100 Firm announced that David McMillan will succeed Marty Brown.

AICPA asks IRS to automate extensions after disasters
The Institute wants the IRS to develop an automated procedure to expedite extension requests for taxpayers to replace property destroyed by disasters.

Sax acquires SSL and Sierra Financial Advisors
The Top 75 Firm has acquired Scheidel, Sullivan & Lanni CPA, while its subsidiary, Sax Wealth Advisors, acquired Sierra Financial Advisors.

Cannabis may see tax relief under Trump order
Right now, cannabis businesses operating legally under state law still can't deduct basic costs like rent, salaries or marketing.

Aprio merges in Delap and Hoffman, Stewart & Schmidt
The Top 25 Firm based in Atlanta is expanding into the Pacific Northwest by adding two firms in the Portland, Oregon, area.

Nvidia CEO 'perfectly fine' with billionaires tax
Under a proposed ballot initiative in California, billionaires would face a one-time 5% levy to cover funding shortages for health care, food assistance and education.

Private sector added 41K jobs in December
ADP reported annual pay grew 4.4% year over year, but the professional and business services sector shed 29,000 jobs last month.

Prager Metis names new CEO
Previously co-managing partner of the Top 100 Firm, Lori Roth will now serve as CEO.

Hg to acquire OneStream for $6.4B
Corporate performance management solutions provider OneStream has agreed to be acquired by Hg Capital, a technology investment firm.

M&A watch: Mauldin & Jenkins and Symphona expand
Mauldin & Jenkins merged in the Prinzo Group; and Schell & Hogan joined Symphona.