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Eide Bailly has promoted former IT audit senior manager Anders Erickson to principal in charge of the firm’s cybersecurity services practice. The move follows the firm’s efforts to expand its cybersecurity offerings, including a recently forged partnership with Secuvant, and the acquisition of Decipher Forensics. In this executive position, Erickson will be charged with leading […]
Barclays Africa Group Ltd. ditched KPMG LLP South Africa as one of its two auditors, the first major local bank to do so, in another blow to the embattled accounting firm’s hopes of survival in the country. The decision may pressure other lenders into following suit less than a month after KPMG South Africa lost […]
In a surprise plot twist, President Donald Trump’s new tax law is delivering many of its juiciest benefits to his most vocal critics in Hollywood. The tax overhaul doles out windfalls to the producers and film financiers who control the entertainment industry. It slashes tax rates, especially on overseas profits that are the lifeblood of […]
The impact on the accounting profession of technologies like robotic process automation, artificial intelligence and blockchain over the next five years will be nothing short of profound, according to the leaders of the Top 100 Firms — and they’re being extremely proactive in adapting, in hopes of anticipating many of the coming changes. “Profound” was, […]
People don’t typically think of research and development when they think of banks, retailers, brokers, insurance companies, hedge funds and financial service companies. However, many of these companies have large IT departments that are developing software for their own operations. That development can qualify for a very significant tax incentive: the research and development tax […]
The filing/administration gap; tinkering with reform; OIC’s many plusses; and other highlights from our favorite tax bloggers. Your brief breather Intuit Proconnect (http://taxprocenter.proconnect.intuit.com/): May’s tax and compliance deadlines, along with pointers on what practices should do this month (in addition to taking a breather). Turbotax (https://blog.turbotax.intuit.com): What to tell them about what tax records to […]
HD Vest Financial Services CEO Bob Oros joined the company last year from Fidelity and has been leading the way on HD Vest’s efforts to bring aboard more tax professionals and accountants to help them expand their financial planning services for clients, especially in the wake of the new tax law. HD Vest CEO Bob […]
Cherry Bekaert has installed Michelle Thompson as its new managing partner and CEO, the Top 100 Firm’s first female chief executive. Thompson succeeds Howard Kies, who has led the Richmond, Virginia-based firm for the past 27 years. She was previously managing partner of Cherry Bekaert’s assurance services practice and was voted in as head of […]
While the majority of taxpayers’ returns from the tax season just completed were not affected by the Tax Cuts and Jobs Act, the impact of its provisions will be felt for years to come – and right now is a good time to start getting ready. With that in mind, the editors of Accounting Today […]
The IRS Redesign, a bipartisan effort two years in the making, is meant to dramatically redesign the structure of the Internal Revenue Service to make it a “taxpayer-first” agency, according to Ways and Means Chairman Kevin Brady. The legislation, which was working its way through Congress as we went to press, codifies the requirement of […]
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