
The Big 4 Loves the SCOTUS Decision on Arbitration
Hope you like those mandatory arbitration clauses in your employment contracts: The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring class-action claims against management, agreements already in place for about 25 million employees. The justices, in a […]
Supreme Court Unhooks Fisherman From Conviction Under SOX Anti-Shredding Provision
A commercial fisherman who was snagged with a federal crime under 18 U. S. C. §1519 — aka Sarbanes-Oxley's anti-shredding provision — because he threw back some undersized red grouper got his day at the Supreme Court and won. Talk about a keeper. Justice Ruth Bader Ginsburg read her opinion from the bench, stating "Fish one may […]
Belated #TBT: Thanks to Ibanez v. Florida Board of Accountancy You Can Proudly Advertise Your CPA *and* CGMA
For those of you that can't bear the thought of only having three letters behind your name: This June marked the 20th anniversary of a U.S. Supreme Court ruling that remains of interest to the accounting profession because the litigants included a state board of accountancy and a dually credentialed attorney advertising that she […]
Ex-EY Partner Not Getting His Day in Supreme Court
Robert Coplan, one of three former EY partners who were convicted of selling illegal tax shelters that cost the government $2 billion, has had his case rejected by Supreme Court. Coplan's conviction was upheld last November by the U.S. Court of Appeals in New York and he was hoping to challenge one count in front […]
Going Concern Interviews the CPA Who Took the PCAOB All the Way to the Supreme Court and Won (Sort of)
Unless you've spent the last five days preparing your liver for tomorrow's holiday you probably heard something about the Supreme Court's ruling on the ObamaCare. The decision will be discussed for years to come by legal scholars for its complexities, by partisans who can't win or lose gracefully, and by U.S. citizens who still can't believe […]
Apparently This ObamaCare Thing Is a Big Deal But May or May Not Be a Tax
Unlike many pundits, wonks and keyboard ninjas out there, I feel it is important to refrain from spouting off about ObamaCare at this point since I am neither a Constitutional law expert nor all that well-versed in decoding hundreds of pages of legislation. It wasn't just second rate bloggers getting the news wrong yesterday, of […]
Supreme Court Rules That IRS Will Have to Hustle If It Wants to Bust Tax Shelters
Aspiring wolf packs will want to take note: The justices, voting 5-4, said the IRS has only three years to challenge so-called Son-of-BOSS tax shelters. Lower courts had disagreed on the question, with some saying the IRS had up to six years. Justice Stephen Breyer wrote for the court that the case is governed by a 1958 […]
Supreme Court Has Better Things to Do Than Listen to Wesley Snipes’ Appeal
The Nine are not easily starstruck.
And there is no celebrity high court that we are aware of, so this could be the last time we ever have to speak of this again. [TaxProf]
Law-Abiding Porn Enthusiasts in Utah Dealt a Blow
“The Supreme Court won’t stop Utah from enacting a 10 percent tax on everything sold by adult-oriented businesses to pay for sex-offender treatment.” [On the Money/The Hill]
Iowa Pastor Practically Begging the IRS to Sue Him, Consume His Life for Years to Come
“I’m tired of pastors submitting to this tyranny — and I’m expecting to try to get the IRS to sue us so that we can take it all the way to the Supreme Court and restore freedom in America’s pulpits.”
~ Pastor Cary Gordon, of Cornerstone World Outreach in Sioux City, Iowa, has some strange ambitions.