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Accounting News Roundup: Ex-Duke Lacrosse Player’s ‘Very Weird’ Tax Lien; Coach Is Shopping for a CFO; Limbaugh’s Tax Resolution Endorsement | 02.25.11

Everyone Comes to Work Sick But Wish Their Colleagues Wouldn’t [FINS]
What’s wrong with you people? “Pressure to work through sickness doesn’t seem to be coming from above. Only 11% of respondents said they felt their bosses discourage them from taking the day to rest. Half of respondents said their managers encourage them to stay home when they’re under the weather.”

Baruch College students compete for $10k from E&Y [The Ticker]
Ernst & Young […] sponsored a preliminary round of presentations for six groups of Baruch College students, in search of one to enter in the Your World, Your Vision national competition. E&Y’s competition picks student teams from across the country to compete against one another, each representing their school with a unique community program proposal. The prize for the top three teams in the country is a $10,000 award from E&Y to help implement or sustain their program. Through their investment, E&Y is responding to the community’s need of corporate responsibility.

Tax Court Denies Deduction for TV Anchor’s Clothing Expenses [TaxProf Blog]
For you future Ron Burgundys out there, “The Tax Court yesterday denied business expense deductions claimed by a TV new anchor for her wardrobe and other personal expenses and sustained accuracy-related penalties.”

Ex-Duke lacrosse star insists tax bill a ‘mistake’ [Tax Watchdog]
[F]our years after receiving an undisclosed settlement from Duke University, Reade Seligmann, one of three lacrosse players exonerated in a racially-charged rape case, owes the IRS almost $6.5 million in taxes, according to public records. The 24-year-old New Jersey native’s lawyer disputes the tax bill, however.

Coach CFO Devine to Retire; Search Commencing for Successor [Business Wire]
Submit your résumé now.

Rep. Paul Broun Asked At Town Hall: ‘Who Is Going To Shoot Obama?’ [HuffPo]
Glad to see the discourse has lightened up.

Rush Limbaugh Tells IRS-Burdened Consumers “You Need Tax Resolution Services, Co. on Your Side” [PRWeb]
Speaking of lunatics.

Wealthy accountant who gave autistic son cannabis to calm him gets 51-week sentence [Telegraph]
A wealthy accountant gave her autistic son cannabis in an effort to calm him after social services refused to help because she was middle class, a court heard.

Posted in ANR