“The IRS has conducted an unprecedented outreach effort in the tax-exempt sector on the 2006 law’s new filing requirements, but many of these smaller organizations are just now learning of the May 17 deadline.”
~ Doug Shulman, IRS Commissioner
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Paging Tea Party Members…
- Caleb Newquist
- August 14, 2010
“If you wanted to irritate the raise-taxes folks with tax-hiking proposals designed to nettle and sting their tender flanks, what would you do?”
~ James Lileks puts it out there. His example was taxing professors on their tenure. Ironically, this comes via TaxProf Paul Caron. If you’ve got ideas, leave them below.
Quote of the Day | 01.19.10
- Caleb Newquist
- January 20, 2010
“Audits are of limited usefulness – the scope of work is so small and is done in such a compressed time, usually at the end of the year. And the work that auditors do is predictable.”
~ Tracy Coenen, of Fraud Files Blog, in regards to the how Sue Sachdeva allegedly pulled off a $31 million embezzlement at Koss under the nose of Grant Thornton (Steve Chipman may need a pair of these to drown out the attorneys). [Milwaukee and Southeastern Wisconsin Business News]
This Is How Email Scandals Start
- Caleb Newquist
- November 12, 2010
“At work, but not much to do.”
~ The status message of an accountant in China who was fired a few days later, thus preventing her from ranking any of her attractive co-workers.