Tax & Accounting Blog

Recipe for Success: How an Accounting Firm Merger Created One Very Efficient Practice

Recipe for Success: How an Accounting Firm Merger Created One Very Efficient Practice

[Image ©Will Bragg] With an eye toward offering comprehensive financial services and excellent customer service, Davis & Graves, CPA LLP, has spent years investing in integrated systems. Before merging their practices into Davis & Graves in Gresham, Oregon, the two founding partners had gained decades of experience. Jerry Davis, CPA/PFS, and Thomas Graves, CPA/ABV, had … Read More

In the Shadow of the Panama Papers, US Seeks to Address Weaknesses in Financial Transparency

In the Shadow of the Panama Papers, US Seeks to Address Weaknesses in Financial Transparency

One month! On May 5, just 32 days after the Panama Papers leaked the identities of shareholders and directors of over 200,000 companies by the Panamanian law firm Mossack Fonesca, the White House signaled their intent to introduce regulations that would provide greater transparency and sharing of data. In a letter from the U.S. Secretary … Read More

Panama Papers Bring FATCA & CRS into the Spotlight

Panama Papers Bring FATCA & CRS into the Spotlight

The Panama Papers allege that many high profile figures around the world, including current and former world leaders, government officials and celebrities, used the law firm Mossack Fonseca to hide assets and the identity of those who control the assets. Two major actions must take place to tackle this issue, including:      1. Identifying where the … Read More