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  • KPMG Capital Begins Funding of Tech Companies

    December 19, 2014

    KPMG’s investment arm, KPMG Capital, has begun making some of its first investments in data analytics companies, with the first funding made public in the Los Angeles-based company Bottlenose, which specializes in real-time trend intelligence.

  • People News: Dec. 19, 2014

    December 19, 2014

    New hires, promotions and more...

  • BDO Canada Merges in Dube & Cuttini

    December 19, 2014

    Dube & Cuttini Chartered Accountants, of Kitchener, Canada, is merging with BDO Canada. The combination is to take effect on Jan. 1, and Dube & Cuttini will operate under the BDO name.

  • N.J. Tax Preparer Sentenced for Using Dead Colleague's ID to File Taxes

    December 19, 2014

    An tax preparer was sentenced to 57 months in prison for filing false claims with the Internal Revenue Service using the identification of a dead tax return preparer whose practice he had acquired and preparing false documents for numerous fraudulent loans and tax returns.

  • Firm News: Dec. 19, 2014

    December 19, 2014

    Partnerships, office moves and more …

  • M&A Roundup: Dec. 19, 2014

    December 19, 2014

    A roundup of accounting firm mergers and acquisitions

  • IRS Partners with Tax Preparer Groups, but Warns of Rogue Preparers

    December 18, 2014

    The Internal Revenue Service is joining with several national tax and accounting organizations to give taxpayers new options and tips on selecting reputable tax professionals and avoiding unscrupulous preparers.

  • IRS Freezes Hiring, Warns of Busy Signals after Budget Cuts

    December 18, 2014

    The IRS is freezing hiring, stopping most overtime pay and warning that it won’t answer about half the calls it will receive during the upcoming tax-filing season.

  • IRS Oversight of Charities on the Decline

    December 18, 2014

    The Internal Revenue Service has decreased its oversight of charities in recent years due to budget cuts and political pressure.

  • Accountants Targeted in Wave of Wire Transfer Scams

    December 18, 2014

    In the past few months there has been a significant increase in the frequency of wire transfer scam attacks against accounting firms, according to Rickard Jorgensen, president of Jorgensen & Company, with more than a dozen CPA firms successfully targeted.

  • In the Blogs: Your Pearls of Wisdom

    December 18, 2014

    Highlights of some of our favorite tax-related blogs from the past week.

  • FASB Releases 2015 GAAP Taxonomy in XBRL

    December 18, 2014

    The Financial Accounting Standards Board said Thursday the the 2015 GAAP Financial Reporting Taxonomy is now available, although it is pending final acceptance by the Securities and Exchange Commission.

  • Business Owner Can Deduct Payments for Son’s Racing Activities

    December 18, 2014

    The Tax Court held that the owner of a construction company who paid to sponsor his son’s motocross racing activities could deduct the payments since he was able to show that this helped him bring in business.

  • Passage of Tax Extenders Contains Key Tax Breaks

    December 17, 2014

    Congress’s long-awaited passage of tax extenders legislation provides a short-term extension through only the end of this year of dozens of familiar tax breaks for businesses and individuals, along with a new savings program for the disabled.

  • Gallina Expands to Utah by Merging in Leverich

    December 17, 2014

    Gallina LLP is expanding to Utah by combining with the public accounting firm Leverich Group in Midvale, near Salt Lake City.


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