Practice Management

As a follow-up to last week’s column, here are some value-added benefits to consider when performing obligatory services such as an audit or tax return, or any work for a client.

Some of our favorite recent tax fraud cases.

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.

A roundup of accounting firm mergers and acquisitions

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.

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.

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

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.

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.

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