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Question of the Day

Posted on December 10, 2009 by Caleb Newquist

Ever wonder if freakishly large breasts could be depreciable assets? Video that explains, after the jump.



Any ideas on the useful life of these? Discuss.
Springer & Chesty Love Discuss Tax Court Decision Allowing Depreciation of Her Breast Implants [TaxProf Blog]

Posted in VideoTagged Is anyone else just freaked out the hell out right now?

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Next: Review Comments | 12.09.09

Related Posts

  • Tax
  • Video

Last Minute Tax Help Ideas: Advice From Gary Busey

  • Caleb Newquist
  • April 17, 2011

With just over 24 hours until the tax filing deadline, some taxpayers may be getting desperate and many CPAs are too swamped to take any last minute clients. Faced with such a dilemma, some people are freaking out since it’s rumored that any non-compliance with the IRS will inevitably lead to interrogation techniques approved by the Bush Administration. To avoid this, you’ll need someone that is impervious to physical pain, high stress and has a smile that will frighten yet calm the most anxious of procrastinating taxpayers.


To wit:

  • News
  • Video

(VIDEO) FEI’s Edith Orenstein and the Singing CPA Present a Love Song to the Pozen Committee

  • Adrienne Gonzalez
  • August 1, 2011

FEI’s Edith Orenstein has dropped a track on YouTube with “The Singing CPA” Steven Zelin called “Hey There Bob Pozen” (as of the date this is posted, we haven’t been able to find a Doctor P remix of the hot track) that really doesn’t need commentary at this moment. But we’ll be back after the jump with a few things to say.

Oh, I didn’t mention it’s to the tune of “Hey There Delilah” did I? Yeah. It totally is.

Anyway, it’s a tribute to the Pozen committee, of which Edith is a huge fan, in honor of its 3rd birthday:

I am a big fan of the Pozen committee, mainly because, like other committees that have fascinated me (such as the EITF , the PCAOB SAG, and the U.S. Treasury Advisory Committee on the Auditing Profession) it has a fascinating cross-section of preparers (issuers), auditors, investors, and others. I loved watching the webcasts where you could see folks discuss things from different vantage points at the same time. I think that kind of broad-based committee has an advantage over committees made up of only one segment of the constituent community, such as preparers, auditors, or investors. I think the standard-setters and rulemakers can receive the most efficient and effective input when the various segments of constituents face off against one another (I mean that in a polite way, I should say, ‘dialogue’ with each other) on issues of mutual interest.

I assume here approximately 6 to 7 percent of you have any clue what the Pozen committee is (unless you regularly read Edith, which you should if you’re into serious financial reporting shit of which we rarely if ever cover), here’s some financial reporting porn (PDF) to groove on. The short version is that the August 2008 report recommends steps to improve the usefulness of financial information to investors.

In case you’ve forgotten, this isn’t Edith’s first venture into the world of YouTube. Surely you remember “If I Were an Auditor,” filmed completely in Second Life with the help of the MACPA and friends.

Could you imagine what would happen if we could get the Maryland Association of CPAs’ dancing flash mob to do a mashup with Edith and Steven? Someone please get on that.

  • Video

PwC Thinks it Can Dance

  • Caleb Newquist
  • August 21, 2009

Probably not a new video for most of you but it’s the best PwC has to offer, as far as we can tell. If you’ve got other candidates, shoot them our way.
Video, after the jump



There you have it. Grant Thornton and BDO people need to lock it up. Point us in the right direction for a stupid video. We’ll put a poll together or something tomorrow to vote on the vids.

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Comment on "How are layoffs decisions really made?" via r/Big4 If it backfires so what, they were going to lay you off anyway. I really hope this advice gets sucked…

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Weekend Discussion: Let’s Talk Counteroffers

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Earlier this week, a recruiter told me a story about a job seeker who was already employed but looking to jump elsewhere. She interviewed with a firm that really loved…

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