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.

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.

The IRS’s ‘Don’t Take the Bait’ campaign shares tactics for protecting client data and practitioner systems.

The IRS’s ‘Don’t Take the Bait’ campaign shares tactics for protecting client data and practitioner systems.

Rep. Lloyd Doggett, D-Texas, along with 30 other members of Congress, has introduced a bill to provide tax relief to victims of Hurricanes Harvey and Irma, in addition to the relief granted in recent weeks by the Internal Revenue Service.

White House legislative director Marc Short said Friday that the administration is determined to release the outlines of tax plan negotiated with GOP leaders by the end of the month, even as the Senate’s chief tax writer signaled that the document might not carry that much weight.

In the wake of a variety of accounting scandals that cost investors billions of dollars, the Sarbanes-Oxley Act was introduced in 2002 to provide assurance about the accuracy and completeness of financial statements.

The House Ways and Means Oversight Subcommittee held a hearing this week to look at reforming the way the Internal Revenue Service resolves taxpayer disputes and appeals.

K-Coe Isom expands in California; RSM launches a tax reform calculator; and more news from CPA offices across the country.

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