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Footnotes: Diversity or Bust; Chicago Bears Tax Bust; An IRS Win | 08.07.14

Posted on by Adrienne Gonzalez

If the profession will not diversify itself, perhaps this diversity task force will [Journal of Accountancy]

The Fed says one fourth of families are barely scraping by. So we should probably keep lending more dollars to banks at 0% to help them, amiright? [CBS]

Jobless Claims in U.S. Have Dropped About as Much as They Can Fuck this headline [Bloomberg]

Today, in accounting firms you never heard of merging news [Grand Rapids Business Journal]

Bears owe Cook County millions in taxes That's because the Bears suck. GO PACK! [ESPN]

First CVS stops selling cigarettes, now it's thinking there might be something to this inversion thing [WPRI]

Speaking of inversion, why doesn't the IRS just stop it? [Reuters]

Former Real Housewife Dana Wilkey indicted on federal fraud charges Oh snap, another one! [Starcasm]

IRS notches legal win over lost tea party emails The IRS won what might be Round One in a series of contests pitting tea party groups against the agency, with a federal judge rejecting a conservative group’s bid for a court-appointed forensics expert to hunt for ex-official Lois Lerner’s lost emails. Judge Reggie Walton of the U.S. District Court of the District of Columbia said True the Vote’s lawsuit against the IRS failed to show “irreparable harm” in its injunction relief request and that “the public interest weighs strongly against the type of injunctive relief the plaintiff seeks.” [POLITICO]

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Accenture, Feeling Left Out, Gets Our Attention

Accenture_logo.pngSince Andersen went the way of the dodo almost ten years ago, Accenture has been moseying along just doing whatever it is they do. They’ve done a pretty decent job of getting people to forget that they were once part of the Big 5 4.
Since we’re pretty sure there are plenty of you out there that have friends, former colleagues, sworn enemies, and booty calls at Accenture we thought we’d pass along that they are rumored to be getting into the pay freezing spirit.
Get some details, after the jump


Apparently an email went out today stating that “Most individuals will not receive an increase in base pay.” But if you’re one of the lucky few getting a promotion you’ve got a shred of hope, “People being promoted will receive an increase in base pay only if they are below the minimum salary range for their new career level.” Awesome.
This seems very curious because at least Accenture’s super star golfer sponsoree is playing well while someone else is screwing the pooch and risking a RIF.
So if you know some Accenturites pass this along and see if they know just WTF is going on in the Haunted House of Andersen. If you ARE an Accenturite, get us the info on this whole sitch at [email protected]. Their PR has apparently checked out for the weekend already and we’re not probably going to hear anything until Monday but we’ll update accordingly.

New Bail Hearing for Stanford Set for Monday Because He Just Might Split

Stan the Man will spend the weekend pumping iron in a Houston jail because all signs are kinda, sorta pointing to the possibility of him going on the lam after a judge granted the silver medalist in the Ponzi competition a measly $500,000 bail.
Stanford’s attorney called bullshit because “he had already shown the financier was no flight threat.”
Judge David Hittner didn’t buy it and remanded Stan to jail until Monday based on the evidence presented by prosecutors:

testimony from a pilot who flew Mr. Stanford to Libya and Switzerland before government officials raided his Houston offices; testimony from a friend of Mr. Stanford’s daughter who gave him $36,000 in cash, and claims that $100 million was withdrawn from a Swiss bank account Mr. Stanford controlled

C’mon, your honor, that’s just walking around money! My client can’t be expected to strut around without serious money on hand!

New Bail Hearing Set for Stanford [WSJ]

The Year Ahead

We’re sure that some of you need some cheering up, so we’ll throw out a little participatory exercise.
The BBC ran a piece yesterday asking readers to predict their year ahead in three words. We’ve noticed that brevity isn’t a strong suit for some of you so this should be a nice challenge.
In the comments, describe your year ahead in three words. If we get enough good submissions we’ll run a poll tomorrow because we’re sure we won’t want to work that hard. Keep it relevant people. ‘Pwn more noobs’ and the like will be ignored with extreme prejudice.
Impress us.