Review Comments | 06.22.09

• Tax Code as Swiss Army Scalpel – “It’s hard enough for the IRS to just correctly determine and collect the tax. Pelosicare is one more step in the transfromation of the IRS from a tax collector to a super-agency that shoves aside the cabinet officers nominally in charge of public policy.” [Tax Update Blog]
• ‘Unreasonable’ IRS Demands Squash Bunnymen Tour – Those wankers at the IRS have ruined November. [Web CPA]
• Ex-Managers of Bear Fund Not Guilty – Took the jury less than two days, DOJ. Try harder on the next one. [WSJ]
• GM Chairman Says IPO Timing Uncertain; Paying Debt More Important – Patience. We’ll get back to losing money for everyone just as soon as we can. [WSJ]
• Don’t forget to take our latest survey and that it’s the last day to submit captions.

• Fired! It had to happen – Accountants giving you a hard time about your software? Fire ’em. [AccMan]
• GM to Wind Down Saturn Brand, Dealerships on Penske Decision – “GM described the collapse as ‘disappointing.’ People familiar with the situation said the closing of the sale was due to be announced as soon as Thursday, and Penske had already distributed new franchise agreements to dealers.” [WSJ]
• US pay czar Feinberg expecting heat for rulings – Let’s not jump to conclusions, bank CEOs might be totally on board for someone telling them what they get to earn. [Reuters]
• DOJ Asks Court to Bar CPA from Preparing Returns – DOJ honing in on IRS turf? [Web CPA]

• The New CPA Exam, Layoffs, and the Top Twitter Feeds in Accounting – Get caught up. [FINS]
• Trustee Sues Four Madoff Relatives, Seeking $199 Million – For stupidity, mind you. [NYT]
• Jobs Vanish – Government numbers? Wrong? [Floyd Norris/NYT]
• Deadline for Small Co. 404 Audit Reports: June 15 – Why not? [CFO]
• The Fed Fighter: DealBook’s Ron Paul Interview – Fight all you want Doc. [DealBook]
• Anheuser-Busch InBev Nears Parks Deal – Whales to be let go? [WSJ]