Practice Management

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World leaders threw their weight behind a set of tax reforms for multinational corporations during a meeting in Turkey this week, endorsing the Organization for Economic Cooperation and Development’s Base Erosion and Profit Shifting, or BEPS, action plan.

Chicago-area accounting firm Porte Brown LLC has merged in Alliant Advisors, effective Nov. 1, 2015.

Accounting and consulting firm MarksNelson has acquired Overland Park, Kan.-based Marsh & Company.

My last column addressed the importance of controls when trying to get a client. But it is also important to retain the client. A good system that is not monitored is a sure way to not only lose the client, but be kept awake at night.

Dent K. Burk Associates, P.C. and Hodges, Jones & Mabry, P.C. have joined the accounting firm of Brown, Edwards & Company, L.L.P., effective Nov. 1, 2015.

Anton Collins Mitchell LLP, based in Denver, is expanding to Laramie, Wyo., by merging in Mader Tschacher Peterson and Co., LLC, effective Jan. 1, 2016.

Indiana accounting firms Katz, Sapper & Miller and Krouse, Kern & Co., are joining forces.

Schafer & Associates P.C., an accounting firm based in Billings, Mont., will become part of Eide Bailly LLP, a regional CPA and business advisory firm, on Dec. 14.

For filing season 2016, the Internal Revenue Service will test a capability to verify the authenticity of W-2 data as part of a series of steps to combat tax-related ID theft and refund fraud.