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January 30, 2023

Accounting News Roundup: Legal Marijuana Up in Smoke at the IRS; Dixon Hughes Goodman Opens Up; Guy Who Isn’t Dead Tries to Pay Taxes | 01.26.15

Directors banned over £136,000 tax liability [economia]
This is a lesson in "why you should pay your bills and not run your company into the ground."

IRS Futher Limits Deductions For State-Legal Marijuana Facilities [Forbes]
Tony Nitti breaks it down for folks who are really into this stuff. The tax code, that is.

Collaborative spaces, open minds: Accounting firm rethinks office space [Charleston Gazette]
Dixon Hughes Goodman has jumped on the open workspace bandwagon: “If you think about traditional accounting firms, this is not something that would pop up,” Slater, regional managing partner for Dixon Hughes Goodman, said of the firm’s newly remodeled office space.

Luxembourg Charges Second Ex-PwC Employee Over Tax Leaks [Bloomberg]
Both men were accused of “domestic theft, violation of professional secrecy, violation of business secrets, laundering and fraudulent access to a system of automatic data treatment,” according to a statement from the Luxembourg prosecutor.

What Biggie Smalls's Accountant Taught Me About Life [Entrepreneur]
I remember walking into Padell’s Manhattan penthouse office and being utterly amazed. His office looked like a museum of celebrity memorabilia. Before sitting and discussing business he gave us a tour of his penthouse museum. He showed us Babe Ruth's original signed contract with the Boston Red Sox. He showed us a baseball display of endless Joe Dimaggio baseballs, and explained that he had signed Joe Dimaggio's signature so many times (seeing as he was his accountant), that his version of the signature was more authenticated than Dimaggio's.

94-year-old World War II vet can't convince the IRS he isn't dead yet as he tries to pay his taxes [Daily Mail]
He keeps trying.

Rent a potty in NYC: Airpnp lets people pay to use strangers' toilets [AMNY]
Launched in New Orleans in 2014 after a ban on Porta Pottis made for a crappy Mardi Gras, Airpnp now helps New Yorkers access a toilet that would otherwise be inaccesible without the app. Anyone can list their bathroom at a desired price per use. Current examples include "Bk Photo Studio" in Bed-Stuy with "2 ply toilet paper" for $5 or a $0 listing by Flatiron's General Assembly for the "startup pooper."


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