Please ensure Javascript is enabled for purposes of website accessibility

Accounting News Roundup: Demand for Consultants is Ridiculous; The New Inversion; Just Leave Already | 09.29.14

Chicago-area accounting firm to be acquired [Crain's]
The BKD merger is on.

This is the hottest job sector in Chicago [Crain's]
Her look, more news out of Chicago: "Chicago headcount at the Big Four accounting firms leapt by as much as 13 percent for the year ended in June and by bigger percentages at some smaller accounting firms. Though growth is across the board—auditing, tax and consulting—demand for consultants in those firms is “ridiculous,” says Ron Watkins, assistant dean of the U of I's College of Business.

Fed Questions Bank Maneuver to Reduce Hedge Funds' Dividend Taxes [WSJ]
Dividend arbitrage is the new inversion.

In Tax Inquiry Involving Apple and Starbucks, E.U. Pushes Forward [NYT]
“This investigation shows it’s not just business as usual for the commission,” said Andrea Biondi, director of the Center for European Law at King’s College London. “It could have major repercussions outside Europe, particularly for American companies.”

Invent A Church, Skip Taxes, Enrage IRS, Go To Jail [Forbes]
This happened in a town called Pass Christian: "The name seems fitting for a tax case about a church the feds say is pure tax scam. A Pass Christian physician named Timothy Dale Jackson was found guilty of four counts of felony tax evasion and one of obstruction of due administration of the internal revenue laws."

Kicking the Facebook Habit [NYT]
By writing an op-ed in NYT about it.

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

Cat waking up its owner senior man sleeping in bed

Monday Morning Accounting News Brief: PwC Names Names in Tax Scandal; ‘Your Own Everest’ | 6.5.23

Hello and welcome back to another fabulous week. Here’s what’s going on. PwC Australia has named all 67 people involved in the confidential tax leak in an unpublished letter to lawmakers ahead of parliamentary hearings later this week. Jan Bouwens, Professor of Accounting, Amsterdam Business School, Amsterdam, Netherlands writes a letter to Financial Times suggesting […]

dachshund in the sand at the beach sea on summer vacation holidays, wearing red sunglasses with coconut cocktail

Friday Footnotes: More Bad News for PwC; Firm Leader Says AI Will Get People Back in the Office | 6.2.23

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. Bye. Technology AI threat will motivate workers to return to the office, says […]