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December 4, 2022

Footnotes: The Accountant Did It!; Friday Night Dumps Down; Anyone Need an SUV? | 1.03.14

Salon owner: IRS punishing me for thefts by my accountant "The IRS showed up at my business just unannounced and explained to me that my 940s and my 941s were not paid. And I said I have no clue what you're talking about but we'll call our accountant and figure it out,” she said, “He said I've been trying to get in touch with your accountant for months." [WWLTV]

A Chicago high school technology coordinator created a list of nine fake vendors as part of a fradulent billing scheme that netted nearly $420,000 [Chicago Tribune]

The “Digital Goods and Services Tax Fairness Act of 2013” wants to make digital taxes fairer, or something [CBS News]

YOU WILL NOT MAKE A FAKE BLACKBERRY KEYBOARD FOR IPHONE, RYAN SEACREST [Reuters]

Even the Friday night dumpers are taking it easy:

Dude with a crappy GPA can't get hired [Albuquerque Business Journal]

Preparers oppose PCAOB’s plan for more auditor disclosures [Journal of Accountancy]

Twins born in 2013 and 2014 will give double the tax breaks to mom and dad [Don't Mess With Taxes]

Now I know why they promoted me! Attractive chief executives receive higher total compensation, better returns on their first days on the job and boost stock performance when they appear on television, according to the preliminary findings of a new study. Joseph Halford and Hung-Chia Hsu, two economists at the University of Wisconsin, released a working paper called "Beauty is wealth: CEO appearance and shareholder value." In the paper, they rated the attractiveness of 677 CEOs from S&P 500 companies based on "facial geometry." The study wanted to find out whether there was a positive relation between the attractiveness of a company's CEO and a return on investment in that company, something argued by John Graham, R.Campbell and Manju Puri in a 2010 paper from Duke University. These three authors said that good looks made CEOs appear more competent and gave them better negotiating skills, enabling them to extract better deals for shareholders. [CNBC]

Some guy on Craigslist will trade you his 2011 Jeep Cherokee for a week with your wife, which works out to about $119/hr for your wife's efforts [Jalopnik]

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