Please ensure Javascript is enabled for purposes of website accessibility
January 26, 2023

Footnotes: Consultants are Happier Than Accountants; Accounting For the Fiscal Gap; Is There Still an IRS Scandal? | 08.23.13

IRS has basis to recognize same-sex marriages nationwide Shout out to Maryland whoop whoop! [Don't Mess With Taxes]

Rivkin and Casey weigh in on the IRS scandal (or lack thereof, depending on which side of the political line you plant your pretty little feet): "The IRS scandal is a moment of reckoning. It offers the country a unique opportunity to free a substantial portion of political speech from government regulation." [WSJ]

Federal grand jury indicts PA Cyber Charter School founder Nicholas Trombetta and his accountant [Pittsburgh Post-Gazette]

Sure you CAN get an accountant off a popular freelance website but the real question is SHOULD you? [BIT]

Consultants are happier than accountants (go figure). [eFinancialCareers]

There is a bipartisan solution to our fiscal "issues" and all we have to do is count. "The Inform Act would require government agencies to prepare not only a measure of the fiscal gap, but also a generational accounting, which says how much future generations would have to be squeezed (through higher taxes and/or lower spending) to close the gap. Congress could also ask the executive branch to use the methods to evaluate the fiscal impact of proposed legislation. Kotlikoff says Norway and the Netherlands already measure their fiscal gap. The fiscal gap is much bigger than the debt the federal government owes to the public, which is around $11 trillion, because it includes more things. Technically, it’s the value in today’s dollars of all projected future expenditures, including debt payments, minus all projected future taxes and other receipts, into the indefinite future." [Bloomberg Businessweek]

Oh and if you didn't hear, your CPA exam scores will be late(r). As I said earlier today, have a drink. Or 12. [NASBA]

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

scissors

EY Germany Gives 40 Partners and 380 Staff the Boot to Boost Profitability After That Whole Wirecard Thing

EY has been tightening the purse strings over the past several months ahead of the big Project Everest split, the vote on which remains delayed and should happen before the end of this quarter. The firm did not hand out mid-year bonuses in December and sources say that travel, training, and even hiring are on […]

Do Ex-Big 4 Accountants Make Good NFL Team CEOs?

Last week the Chicago Bears introduced Kevin Warren, most recently commissioner of the Big Ten Conference who also has 21 years of experience as an NFL team executive, as the franchise‚Äôs fifth president and CEO in its 103-year history. Warren succeeds Ted Phillips who is retiring after 40 seasons with the Bears, including the last […]