“No bureaucracy ever thinks it has all the power it needs.”
~ Joe Kristan can’t see the future (to our knowledge) but he did predict that the IRS would try to extend the tax preparer regulations to CPAs.
Related Posts
The IRS Did the Exact Opposite of What Chuck Grassley Wanted
- Caleb Newquist
- June 22, 2010
“These changes appear to be limiting the scope of whistleblowers and the type of recoveries that would be eligible for an award. The fewer people eligible for rewards, the fewer people coming forward with information that might check out as tax fraud.”
~ Senator Charles Grassley (R-IA), wants more whistleblowers to get paid.
Quote of the Day: Let’s Hope He Doesn’t Mean Bombings at J.P. Morgan | 02.16.01
- Caleb Newquist
- February 17, 2010
“We’re not Greece but we could end up with their same problems down the road if we don’t get spending under control and start dealing with our structural deficit soon.”
~ David Walker, CEO of the Peter G. Peterson Foundation and former U.S. Comptroller General on the US of A.
CAQ to Senators Dodd and Shelby: Don’t Screw with Sarbanes-Oxley
- Caleb Newquist
- April 23, 2010
“We are writing to urge you in the course of your efforts to reform the financial sector to resist efforts to weaken protections for investors in the Sarbanes-Oxley Act of 2002 (SOX). Specifically, we oppose exempting smaller public companies from compliance with Section 404(b) of the Act. Further, we are troubled by evidence of a proposal to roll back to an arbitrary market capitalization point strengthened internal controls requirements for larger companies that are already in compliance with the provision.”
~ The Center of Audit Quality, in a letter to Senate Banking Chairman Chris Dodd (D-CT) and Ranking Member Richard Shelby (R-AL).