SEC probes Ernst & Young over audit client lobbying The Securities and Exchange Commission is investigating whether auditing company Ernst & Young violated auditor rules by letting its lobbying unit perform work for several major audit clients, people familiar with the matter told Reuters. The SEC inquiry began shortly after Reuters reported in March 2012 that Washington Council Ernst & Young, the E&Y unit, was registered as a lobbyist for several corporate audit clients including Amgen Inc, CVS Caremark Corp and Verizon Communications Inc, according to one of the sources. [Reuters, Earlier]
Major Companies Push the Limits of a Tax Break Like-kind exchanges are all the rage, you know. [NYT]
Ernst & Young Recruits Minority Students at NYC Event [AT]
A Closer Look At The Fiscal Cliff Deal's Impact On The Built-In-Gains Recognition Period For S Corporations [Tony Nitti/Forbes]
