Please ensure Javascript is enabled for purposes of website accessibility

Footnotes: What Do the IRS and Nazis Have in Common?; It’s Not Fraud if It’s a Change in Accounting; Darrell Issa Needs a New Hobby? | 07.30.13

Protip: if a change in accounting makes the numbers look better, the actual numbers are still the same [NPR]

How Big Businesses Slash Taxes With R&D Credit — and How Yours Can, Too [Entrepreneur]

A typical accountant was sentenced for doing an atypical thing: "The crimes were committed in a very simple manner," Bentley wrote. "Mr. Doria, having gambled away the money needed to pay his taxes, figured out how much tax he could afford to pay … and then made up income and expense numbers to produce the desired result." [The News Tribune]

Why Firms Don’t Pay Their Invoices [CFO.com]

The IRS kind of sucks but isn't the Gestapo reference played out by now? Maybe not according to the South Carolina GOP. “Our South Carolina Republicans are fighting on so many fronts and need your help,” South Carolina GOP executive director Matt Moore writes. “We’re working to defund ObamaCare, grow South Carolina’s economy, expose and abolish the IRS and get answers on the cover-up in Benghazi.” [WaPo Post Politics]

Darrell Issa is still really really mad at the IRS [CNN]

SEC sues ex-Santander executive, ex-Spanish judge for insider trading [Reuters]

If you are illegally paying an "independent contractor" who is really an "employee," now is the time to snitch on yourself to the IRS [Forbes]

 

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

counting money

Researchers Shockingly Discover That If You Pay Low Level Grunts More, They Do Better Financial Reporting

A new working paper from Stanford Graduate School of Business professors Christopher Armstrong, John Kepler, and David Larcker, and Shawn Shi, Ph.D. ’23, of the University of Washington’s Foster School of Business has found a connection between how well low-ranking accountants are paid and the quality of their work. This is a new area for […]

freaked out guy

ChatGPT Talks About AI Taking Accountants’ Jobs From the Perspective of an Accountant Losing Their Job to AI

Ed. note: I asked ChatGPT to write about automation in accounting from the perspective of an accountant losing his or her job to AI. Here’s what it said. Note: Going Concern does not publish AI-generated content unless it’s clearly labeled as in this case. Believe it or not, humans write most of this crap. As […]