Ed. note: We received the below letter from an anonymous PCAOB employee who is trying to blow the whistle on what they perceive to be excessive waste and inefficiency at the audit regulator, the gory details of which are described thoroughly in the letter. It has not been edited and is published here on the […]
This is pretty much BS. "The New IRS" isn't the "New and Improved Internal Revenue Service," it's a gimmicky website that lets you play with your tax dollars until they are allocated just the way you want. Imagine including this on your tax return: "Hey, guys, I want no money going to pay interest on […]
I don’t care if you’re a Republican or a Democrat; you’re an accountant, and the avert-the-fiscal-cliff legislation that the federal government crapped out at the last minute hooks you up. Sure, you’re going to pay more in taxes, but Congress was actually able to bang out some long-term solutions to the expiring tax cuts which is going to make your life easier1.