When accounting goes unaccounted for
You know, if ol' Tom ends up doing some hard time, I know of someone who might be able to recommend a rigorous exercise regimen that will keep him busy while he's inside:
Federal prosecutors recommended a prison term of at least 37 months for Thomas Flanagan, 64. Flanagan was a partner for more than 30 years at Deloitte, one of the nation's largest accounting firms, before abruptly resigning in 2008. He will be sentenced on Oct. 25.
“Hot and nice nerds have always been sexy, this does not elevate Deloitte consultants who […]
“If there are Republicans who break with Grover Norquist’s position, I think that’s an important thing,” said Clint Stretch, managing principal of tax policy at Deloitte Tax LLP in Washington.
“I think it signals a willingness on their part to have the fight with him over whether every tax expenditure is a legitimate reduction in effective tax rate, or whether there are some that should be regarded the way they regard spending programs.” [Bloomberg, Earlier, Earlier]
The Justice Department announced that Deloitte would pay a $149.5 million fine to put “potential […]