“[A]t Deloitte we began planning for the downturn and beyond in 2006. Not having a crystal ball, we didn’t anticipate such a violent contraction.”
~ Barry Salzberg, CEO of Deloitte.
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- Caleb Newquist
- October 28, 2010
“We don’t want the Wal-Mart audit.”
~ The aforementioned Lynn Turner, cringes at the thought of low prices.
Pandering to the Teetotalers with Sin Taxes | 04.19.10
- Caleb Newquist
- April 20, 2010
“The honest way to raise more revenue would be to raise income tax rates. But it is more politically attractive to tax these kinds of things. No one can get mad at you for taxing people who drink too much.”
~ Peter L. Faber, tax attorney, on sin taxes.
Memo to IRS: Regulating Tax Preparers Is Not ‘Mission Critical’
- Caleb Newquist
- August 11, 2010
“We believe that the IRS has neither demonstrated the need for extending the non-signing preparer requirements to CPA firms nor that its proposed testing program merits shifting IRS resources away from other mission-critical programs.”
~ Thirty-one members of Congress sent a letter to Tim Geithner, asking TG, Doug Shulman & Co. to, pretty please, reconsider the requirement for non-signing CPAs.