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December 5, 2022

Accounting News Roundup: A McGladrey Problem; Tax Raises; SEC Missing Laptops | 10.09.14

Defunct Physicians United Plan owners file $500M lawsuit against accountants [Orlando Business Journal]
BTW, they are talking about McGladrey: "The owners of the now-defunct Winter Park-based Physicians United Plan Inc. are suing their accounting firm for $500 million."

What if taxes go up and no one notices? [The Hill]
You people need to start paying attention: "At the start of 2013, most American workers faced a 2 percent cut in their take-home pay, as the 2011-2012 Social Security payroll tax holiday came to an end. Conventional wisdom tells us that the public revolts when taxes go up. But in this case, not only did public outrage fail to materialize, but they seemed to not even notice the increase."

Pulling 'an IRS'? EPA reportedly loses text messages now sought in request [Fox]

Hundreds Of SEC Laptops May Be Missing, Watchdog Says [Law360]

Female executives say participation in sport helps accelerate leadership and career potential [EY]

Big Four partners among OUTstanding heroes [economia]
Partners from across the Big Four firms were named in the OUTstanding top 100 list of pioneering LGBT executives The list, which is a collaboration between LGBT executive network OUTstanding and the Financial Times, follows a 2013 top 50 LGBT business leaders list, and highlights the fact that sexual orientation should not prevent success in the work place.


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