Please ensure Javascript is enabled for purposes of website accessibility

Footnotes: KPMG Wins Some Audits; Debating Tax Reform’s Chances; The Second Head Rolls (Sorta) | 05.16.13

KPMG Tops Q1 SEC Audit Wins [AT]

Is Tax Reform Doomed? A Debate. [Bloomberg]

Get IRS Out of the Business of Regulating Political Speech [TaxVox]

Apple target of Senate hearing on offshore taxes [Politico]
 
Second IRS official to leave amid Tea Party targeting scandal Joseph Grant, the acting commissioner for the agency's tax-exempt and government entities division, plans to retire, according to the IRS. An internal IRS announcement said that Grant would retire from the agency on June 3. [The Hill]
 
How to Avoid Organizational Mood Swings [CFO]
 
NFL Linebacker James Harrison Spends More On Massage Than You Did On Your House. But Can He Deduct It? [Tony Nitti/Forbes]
 
Government investigative reports are most damning in the detail, not the sound bite. Some 80 percent of the sample of applications studied in the report were not resolved within a year. Of the 296 cases reviewed, 160 were still open as of December 2012, with delays running 206 to 1,138 days. Some of those open cases are nearly as old as my 4-year-old daughter, Penelope, who has learned to speak, read, write, count, walk, run, skip, jump and swim in that time. When it comes to dawdling, however, even she cannot match the I.R.S. [DealBook]
 
Police Called to Free Grown-Ass Man Stuck in High Chair at McDonald's [Gawker]

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

cat on a desk

Friday Footnotes: RTO Isn’t Going So Great; KPMG Wins Something; What Auditors? | 5.19.23

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. While you’re here, subscribe to our newsletter to get the week’s top stories in your inbox every Tuesday and Friday. See ya. ICYMI I Love Accounting. So I Had to Leave. [GC] Benjamin […]

cat with breakfast in bed

Monday Morning Accounting News Brief: Identical Twins Head to Deloitte; TWO PwC Leaks; VA Tackles 150 | 5.15.23

Good morning and happy Monday! Here’s some stuff happening. Virginia Society of CPAs is tackling the question “is 150 too many?” For nearly the past two decades, prospective CPAs in Virginia have had to undertake 150 hours of education before becoming licensed. But a declining CPA pipeline has accountants asking: Is the 150 now a […]