• 15M+ taxpayers could unexpectedly owe taxes – That’s never good. [NYDN]
• GMAC Chief Resigns – The Board was sick of “just one more round of TARP and that’s it” routine. More fun facts here. [WSJ]
• The Return of Bell Bottoms – Homebuyer credits, bell bottoms, and drugs. [Tax Update Blog]
• Battle Lines Drawn Over Who Governs Accounting Rules – FASB…it’s…all…slipping…away… [Compliance Week]
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Review Comments | 10.16.09
• Who knew it was National Bosses Day? ATL did. Happy day to all the chiefs out there!
• IRS rolls out 2010 tax rates [Denver Business Journal]
• “I’ll be like Martha ……. Stewart” – FBI cracks alleged Rajaratnam ring – Heads are going to roll on this one. Check out DB’s coverage as well. [FT Alphaville]
• Actor Nicolas Cage sues business manager Samuel Levin for $20M claiming ‘financial ruin’ – It’s the American way. [NYDN]
• Obama Administration Pushes Back at Bank Lobbying on Regulation – “The issue, according to administration officials, is the industry is generally on sound footing because of government help and lobbying against Obama’s regulatory plans goes against the nation’s long-term interest.” [Bloomberg]
Review Comments | 12.29.09
• ‘Girls Gone Wild’ Founder Sues IRS – The newly crowned Douche of the Decade is in a litigious mood. After threatening to sue Gawker for the prestigious honor he was bestowed, DOTD is now suing the IRS for freezing his assets. Will someone stop to this man douche?[Web CPA]
• Bill Would Require Comptroller General to be a CPA – Now there’s an idea. [Web CPA]
• Lehman administrators PwC repay $11bn to creditors – Seems like good news. [BBC]
• 2010: Get Ready for a Tax-a-palooza – “Facing trillions of dollars of expiring Bush-era tax cuts, President Obama and Congress will be forced to make some critical decisions in the new year.” [Tax Vox]
• SEC Seeks PAFs: Jan. 13 Deadline – Professional Accounting Fellows. You. [FEI Financial Reporting Blog]
• Let’s Talk About the Terrorist Underpants, Shall We? – Yes. Let’s. [DI]
• Revealed: How Oscar Nominee Ballots Are Counted – Because we know you were wondering. [The Wrap]
• Tax Court Channels Kenny Rogers – Raj isn’t the only fan. [Tax Update Blog]
• Shareholders Win Settlement in Comverse Suit – Deloitte pitched in $275,000. That’s roughly the equivalent to one partner’s Starbucks budget. [Web CPA]
• Bouncing Back: Overcoming a Negative Performance Review – Anyone? [FINS]
• Tax Accountants to Get Biggest 2010 Raise – Good news already! [TaxProf Blog]
Review Comments | 01.12.10
• The SEC Whacks Ernst & Young Over Bally Total Fitness — Now for the Spoils of Victory – “it can be predicted – and the accounting profession should expect – that going forward, the SEC will aggressively aim its macho enforcement testosterone at the big firms’ individual personnel.” [Re: Balance/Jim Peterson]
• Choose Wisely! – Joe Kristan’s suggestions are better than the IRS’ [Tax Update Blog]
• Open Memo to Medifast Chief Executive and CFO Michael S. McDevitt – Sam is sticking up for his friend Barry Minkow. [White Collar Fraud/Sam Antar]
• Obama seems to have ignored Geithner’s advice on bank taxes – Yep. He’s fired. [CFOZone]
• Galleon’s Rajaratnam slams wiretaps, stays free – Cherry picked wire taps will not stand, says Raj’s attorney. [Reuters]