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Accounting News Roundup: Tax Deal Just Needs a Certain Someone’s Signature; PwC, Deloitte Giving Back, While Other Accountants Taketh Away | 12.17.10

Congress Passes Tax Deal [WSJ]
How funny would it be if Obama vetoed this thing, just to psyche everyone out? “Congress passed the most far-reaching tax bill in a decade late Thursday, averting across-the-board tax increases, enacting new breaks for individuals and businesses and laying a marker for how Washington might work in an era of divided government.”

PwC Charitable Foundation Commits $500K to Feeding America [PR Newswire]
‘Tis the season, “The donation marks the third year in a row that PwC and the PwC Foundation are giving more than $1 million during the holiday season.”

Christmas Gifts for that Special Tax Person [TaxProf Blog]
Seven shopping days left.

Weathering the Storm: The Top Five Finance Cities Through the Crisis [FINS]
There’s one on the East Coast!

HAPPY BIRTHDAY TO US! [Tax Update Blog]
Our friend Joe Kristan’s firm, Roth & Co., is celebrating 20 years in the business and has plenty of pictures that prove it.

Accountant arrested for theft of $1,000 [The Mercury]
He must have really wanted an iPad (or something).


Church accountant accused of embezzling more than $2 million [Bellingham Herald]
This is slightly better. And by “better” we mean, “the thief was not as stupid.”

Deloitte contributes the thing it knows best: skills [WBJ]
“Donation and typical volunteer hours are also important but don’t necessary make the greatest difference down the road,” says Emily Rothberg, Southeast community involvement leader for the company, whose stated strategy with nonprofits is to work “with their leadership and staff to help address some of their critical challenges.”

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