| A clear set of guidelines is a must to protect your firm. | BDO continues to do M&A deals despite pandemic → | | By Michael Cohn 6 min read | | The COVID-19 pandemic isn’t stopping BDO USA from pursuing a constant series of M&A deals in recent years, although the latest one had to be mostly negotiated at a safe distance. | |
| IRS finalizes rules for impact of 199A deduction on REIT dividends → | | By Michael Cohn 2 min read | | The Internal Revenue Service released final regulations Wednesday on how a regulated investment company that receives qualified real estate investment trust dividends should report the dividends paid by the company to its shareholders in accordance with section 199A of the Tax Code, which allows the investors to take a hefty deduction. | |
| British accounting firms face new setback as FRC opens probe → | | By Stephanie Bodoni 1 min read | | Britain’s audit industry faces another dent to its reputation as the nation’s accounting watchdog ordered a probe into PricewaterhouseCoopers LLP, Ernst & Young and Oliver Clive & Co.’s work for defunct London Capital & Finance Plc. | |
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