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Month: September 2017

Deltek acquires WorkBook

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September 20, 2017
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| Tax News And Info

Enterprise software developer Deltek has acquired Denmark-based WorkBook, a provider of management tools to the advertising agencies. The move is aimed at boosting Deltek’s expansion in the creative industry. Terms of the deal were not disclosed. “Adding WorkBook to the Deltek family allows us to further our commitment to the creative industry and bolster our […]

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Posted in Tax News And Info Tagged irs, tax news

U.S. CEO group says corporate tax cut would spur job creation

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September 20, 2017
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A group of U.S. business executives called for Congress to cut the corporate tax rate as low as possible and end the current global approach in which companies’ profits are taxed no matter where they’re earned. “We see this as a big enabler,” said Dennis Muilenburg, chief executive officer of Boeing Co. “It will unleash […]

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Posted in Tax News And Info Tagged irs, tax news

Tax code hurts U.S. firms in M&A market, EY and Roundtable study finds

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September 20, 2017
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The U.S. lost $510 billion in business assets that were acquired by foreign companies from 2004 to 2016 in part because its corporate income tax rate exceeds other countries’, according to a study released Tuesday by a group of top U.S. business leaders. Cutting the U.S. corporate rate to 20 percent from the current 35 […]

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Posted in Tax News And Info Tagged irs, tax news

New Jersey Society of CPAs holds 2018 food drive

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September 19, 2017
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The New Jersey Society of CPAs launched its eighth annual food drive this week, directly benefiting the Community FoodBank of New Jersey. The Society will be accepting donations through Friday, November 17. “It’s a great opportunity to give back to those less-fortunate neighbors in our community with some tangible help. Hunger cuts across all county […]

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Posted in Tax News And Info Tagged irs, tax news

KPMG, McKinsey feel the heat over South Africa graft scandal

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September 19, 2017
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As global companies implicated in a graft scandal in South Africa scramble to contain the damage to their reputations, politicians and law enforcement agencies are prevaricating and stalling official investigations. The scandal has revolved around members of the wealthy Gupta family, who are friends of President Jacob Zuma and have been accused of looting billions […]

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Posted in Tax News And Info Tagged irs, tax news

Success in succession planning

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September 19, 2017
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As many firms struggle with the transition to future leadership, Top 20 firm Green Hasson Janks has already announced its next-generation MP, Tom Barry, who provides insight into the firm’s succession planning process.

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Posted in Tax News And Info Tagged irs, tax news

South Africa tax service mulls legal proceedings against KPMG

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September 18, 2017
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The South African Revenue Service is considering instituting legal proceedings against KPMG LLP’s local unit for reputational damage after the auditing firm withdrew the conclusions of a report that was used in a police probe against former Finance Minister Pravin Gordhan and led to the removal of senior staff at the agency. “This abhorrent, unethical, […]

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Posted in Tax News And Info Tagged irs, tax news

How tax reform could squeeze the middle class, in 5 scenarios

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September 18, 2017
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Here’s what we know about the details of the tax reform plan: almost nothing. Powerful lawmakers are promising at least a framework for the overhaul by the end of the month. The broad goals are lower rates for corporations and individuals, a simpler tax code with fewer brackets, and the elimination of the estate tax […]

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Posted in Tax News And Info Tagged irs, tax news

EisnerAmper selects Wdesk to offer increased SOX compliance services

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September 17, 2017
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New York-based accounting firm EisnerAmper now offers Workiva’s audit and enterprise productivity software Wdesk to improve Sarbanes-Oxley Act (SOX) compliance. EisnerAmper ranked at no. 18 on Accounting Today’s 2017 Top 100 Firms list. Wdesk offers a single, integrated environment to collaborate on internal controls. EisnerAmper will offer the Wdesk platform with its domain expertise and […]

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Posted in Tax News And Info Tagged irs, tax news

Firms on the move: Cherry Bekaert’s Volunteer Week

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September 17, 2017
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Posted in Tax News And Info Tagged irs, tax news
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