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Accounting firms typically have multiple partners, some of whom may want to retire or move on in the near future, and others who want to stay longer.
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Despite staggering statistics as to the massive scope of fraud in sheer dollar volume and the surprising vulnerability many companies are to white-collar crime, a shocking number of businesses are ill-prepared to prevent it, or are unsure of how to implement an effective prevention program.
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Treating a worker as an independent contractor rather than an employee has its advantages, say tax experts.
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December represents one last chance to consider certain year-end tax strategies before the door closes on the amount of income, deductions and credits set for the year. Many traditional eleventh-hour techniques are applicable to this year-end 2011, with certain twists that recognize changes on the horizon for 2013. This column examines a handful of considerations especially useful to the individual taxpayer in these final weeks of 2011.
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The on-again, off-again status of IFRS is a fact of life for those of us in the accounting profession. But it's not an excuse for inaction.
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