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November 26, 2022

Footnotes: IRS Spock Has Spoken; Cantor C’blocks Democrats; Why Must Revenue Recognition Be So Moderately Difficult!? | 06.06.13

Despite Tax Rules, Companies Stick With U.S. [DealBook]

Utah’s Hatch wants immigrants to pay back taxes [The Salt Lake Tribune]

Cantor: No budget talks until Dems relent on taxes [The Hill]

TBI: Former accountant posed as investment broker [Daily News Journal]

Senate expense scandal: Committee to ask Deloitte to appear next week Note: it's Canada. [The Toronto Star]

PwC US Announces 10 New Partner Promotions in San Francisco Cool. You read it here first. [PR Newswire]

CPAs expect modest difficulty applying revenue recognition standard [Journal of Accountancy]

IRS official apologizes for ‘embarrassing’ conference videos The Internal Revenue Service official who helped organize a $4.1 million California conference featuring parody videos, taxpayer-paid gifts and upgrades to lavish hotel suites apologized Thursday and said the agency used poor judgment. “In hindsight, many of the expenses that were incurred should have been more closely scrutinized or not have been incurred at all,” Faris Fink, commissioner of the IRS small business and self-employed division, said at a congressional hearing. [Washington Post]

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