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Footnotes: More Bad Accountants; These Kuntz; Extenders? | 08.08.14

Posted on by Adrienne Gonzalez

Pennsylvania accountant charged with stealing $200,000 from Princeton woman's trust fund File under acts discreditable or something: "A Pennsylvania accountant was arrested and charged with stealing more than $200,000 from a Princeton woman’s trust fund, authorities said Wednesday. John J. Katsock Sr., of Yardley, Pa., was charged with theft, theft by deception and misapplication of entrusted property, according to the Mercer County Prosecutor’s Office." [NJ.com]

Reinsel Kuntz Lesher acquires Cumberland County accounting firm In more mergers of accounting firms you have never heard of news… also LOL "Kuntz" [Penn Live]

IRS warns of delays if U.S. Congress fumbles tax 'extenders' [Reuters]

Florida's hangup: High cell phone fees and taxes [Miami Herald]

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Caption Contest Friday: Is Your Career in the Crapper?

A reader working at a client site showed us where she and the rest of her audit team will be sitting for the next three weeks:
crapper.jpg
A little background/TMI: Naturally our first question was, “Is anything audible?” to which she replied, “We definitely know who has a weak stream around here.”
Same rules – Submit possible captions for all the photos in the comments. We’ll choose our favorites — with preference given to those with an accounting/auditing bent — and then let you vote for the best one. Impress us.

H&R Block Still Loves McGladrey & Pullen

begging.jpgEarlier in the week we told you about McGladrey & Pullen falling out of love with H&R Block. Well, H&RB is not going to just let M&P walk away. The Company cares too much about this relationship:
“We believe the path proposed by certain of M&P’s leaders is fraught with significant business and financial risks and is not in the best interest of M&P partners, employees or clients,” Block CEO Russ Smyth in a release Wednesday. “Whether the full M&P partnership is willing to assume these immense risks remains to be seen.”
Nevermind the fact that H&R Block is the used car salesman of tax preparers. Nevermind that H&RB is probably responsible for the failed appointments of several Obama cabinet members. This about love lost (and probably sex lost).
H&R Block questions McGladrey & Pullen decision [Kansas City Business Journal]

Footnotes: Buy EY Digs for Just $1.5 Bil; Audit’s Job; That’s Not My Dong | 06.18.14

Scottsdale accountant seeks world’s worst businesses Perhaps for a reality TV show [Phoenix Business Journal] […]