“No bureaucracy ever thinks it has all the power it needs.”
~ Joe Kristan can’t see the future (to our knowledge) but he did predict that the IRS would try to extend the tax preparer regulations to CPAs.
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Putting the Success of the Homebuyer Tax Credit in Perspective
“Yes, it is a success, if the objective was to demonstrate that people will take free money if you give it to them.”
– Joe Kristan, explaining the success of the homebuyer tax credit program, which ends today.
Hywel Talks Hybrid At EY U.K.
“We have championed flexible working for many years prior to COVID-19 and we will continue […]
In Case You Are Unclear, The P in GAAP Stands For Principles
“U.S. GAAP is founded upon principles, that’s what the P is supposed to stand for.”
– SEC Chief Accountant James Kroeker arguing at a Pace University IFRS discussion that GAAP is just as principles-based as IFRS.