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Accounting News Roundup: ‘Strikingly Young’ PwC and Filing Last Minute Tax Returns | 04.18.17

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Strikingly young PwC

Last year we mentioned a class action lawsuit against PwC that accused the firm of age discrimination for its entry-hires. There’s not much new that I can see in this Wall Street Journal article on the subject, other than the Supreme Court might decide to hear a similar case to provide some clarity on interpreting the Age Discrimination in Employment Act. However, there is this amusing passage about the suppleness of PwC’s people:

The complaint points to PwC recruitment brochures filled with images of fresh-faced 20-somethings and the firm’s estimate that 80% of its employees were born in 1980 or later. The suit also cites a Harvard Business Review article authored by a top PwC executive trumpeting the firm’s “strikingly young” workforce.

If the average team at PwC looks like something out of a stock photo search for “millennials,” they deserve to be sued simply on principle.


Today’s the spring deadline for individual returns. Joe Kristan, as always, has your last-minute to-do list, but for the love of Bastet, if you’re not ready to file, just send an extension. I filed last night and once this newsletter is swooshing through the tubes, I’m running out to cut the check to both the feds and Colorado. This isn’t unusual for me. I’ve probably filed on the April deadline a handful of times over the last decade.

My tax returns have gotten somewhat complicated, so I use a CPA, who is great and will continue using until Tax Preparer Watson starts making house calls. Even then, I like talking to her about these things so Watson would have to get pretty affable for me to make a change. I guess what I’m saying is, CPAs aren’t going to disappear any time soon and I’m thankful for that.

Has Donald Trump released his tax returns?

Nope! There were a lot of demonstrations over the weekend calling for the president to release his tax returns and apparently that makes him mad. I, for one, hope the demonstrators keep it up, yes, because I want to see the tax returns, but also because I love giant inflatable Trump-chickens.

Chicken Don has no plans to release them, of course, because they’re…yep, under audit. No, really. The IRS audits the president’s tax return every year so that will remain a convenient excuse for him.

Previously, on Going Concern…

Marsha Leest wrote about remote accounting jobs. In Open Items, someone asked about the Becker Intensive study in Atlanta.

In other news:

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Image: Johan Fredriksson/Wikimedia Commons