Word: kpmg
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...worth noting that the self-employed may deduct 40% of family health-care premiums--up from 30%. And here, according to KPMG Peat Marwick, are a few other items to consider...
...cost most families more than the Senate version's 4.3 cents increase in the gasoline tax. To see the impact each bill would have on different taxpayers next year, when fully phased in, Time asked the accounting firm Coopers & Lybrand to calculate the income-tax consequences, and the firm KPMG Peat Marwick to gauge the energy-tax fallout...
CREDIT: [TMFONT 1 d #666666 d {Source: KPMG Peat Marwick}]CAPTION: BUYING ABROAD
...still do, including Crum & Forster. In response, accounting firms are abandoning the riskiest clients, most notably financial-services companies. Goldstein Golub Kessler, a midsize New York City firm with more than 1,500 clients, says it will no longer perform audit work for banks, credit unions or insurance concerns. KPMG Peat Marwick, the fourth largest accounting firm, is also turning away high-risk cases, says Michael Conway, the partner in charge of professional practices. "We're being very selective about which clients we accept...
...Calais. British companies typically invest $1 on acquisitions abroad for every $3 they spend at home, an astonishing ratio considering that the equivalents for France and Japan, runners-up in the takeover league, are 1 to 16 and 1 to 79 respectively. A survey of cross-border takeovers by KPMG Peat Marwick accountants last year showed that British companies spent four times as much on foreign takeovers as their nearest rivals from France and Japan. Nowhere is this activity more evident than in the U.S. The U.S. Commerce Department puts total direct foreign investment in the U.S. at $390 billion...