Largest-Ever Tax Shelter Fraud Case News Release from the IRS WASHINGTON ? KPMG LLP (KPMG) has admitted to criminal wrongdoing and agreed to pay $456 million in fines, restitution and penalties as part of an agreement to defer prosecution of … Continued
Aug. 23 (Bloomberg) — The three largest U.S. accounting firms ordered their partners not to poach clients or personnel from smaller rival KPMG LLP while it is under federal scrutiny for allegedly selling abusive tax shelters, people familiar with the … Continued
Consumers unhappy with website simply go away More than 70% of consumers may be unlikely to purchase from, or even return to, a web site after encountering a pet peeve, according to a new survey by Hostway Inc., conducted by … Continued
Gallup’s annual update on the images of various business and industry sectors in the country finds that the accounting profession image appears to be recovering.
But, Gallup says, “Even though the accounting sector fares better this year, these ratings are still lower than they were before the accounting scandals in late 2001 and 2002 at major corporations like Enron and WorldCom.” READ MORE →
NEW HAVEN, Conn. – Two CPA and business-valuation firms – Meyers & Harrison, LLC of Woodbridge and Marenna, Pia & Associates, LLC of Wallingford – have merged and will be relocated to New Haven. The new entity, known as Meyers, Harrison & Pia, LLC, will have a staff of 29. Additional offices are in Greenwich and Glastonbury. Mark Harrison serves as managing partner of the new firm. Kenneth Pia Jr. heads its business-valuation department. Randy Harrison will manage the firm’s tax department. Michele Spence heads up accounting and auditing. Donald Clark leads tax and accounting work with emerging businesses.
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