Accounting News Roundup: Ex-Commish Shulman Testifying This Week; Jail Time for Anyone? Nah; More Resignations? Oh, Yeah. | 05.20.13
I.R.S. Inquiry Status Told to White House in April [NYT]The chief White House lawyer, Kathryn Ruemmler, learned last month that a Treasury inspector general had concluded an audit of the Internal Revenue...
Footnotes:The Unavoidable Scandal; When Is Lerner Resigning?; Small Firms, Get Some Interns | 05.17.13
Treasury Knew of I.R.S. Inquiry in 2012, Official Says Mr. Miller did concede that the I.R.S.'s apology for targeting was prompted by a question planted by the agency last Friday at an American Bar Association...
Tax Panel Was a Real Snoozer Until Lois Lerner Started Talking About the Whole IRS Targeting the Tea Party Thing
I know you'll find it hard to believe that American Bar Association's annual tax meeting was a little boring, but right up to the point when Celia Roady, "a veteran tax lawyer" asked IRS tax-exempt head...
To Whom It May Going Concern: “If people can sue the firms for not working overtime, can I sue the firm for making me fat?”
Welcome to the latest edition of To Whom It May Going Concern, our infrequent feature of the best (read: worst) and worst (read: best!) tips and feedback we get from readers. Have a tip or feedback for...
Caption Contest Friday: Eagles Lineman Attempts to Read IRS Sign
Philadelphia Eagles offensive lineman Evan Mathis stands in front of a sign for an Internal Revenue Service Building. Contrary to reports, there is no evidence that a call of nature is being answered....
ANR: George, Miller Testifying to Ways and Means Committee; Taxpayer Advocate for Commissioner?; Lease Accounting ‘Will Fly’ | 05.17.13
Ways and Means to Hold Hearing on Internal Revenue Service Targeting Conservative Groups [W&M]Former Acting Commissioner Steven Miller and TIGTA head J. Russell George will be testifying. FUN!
Should...
Footnotes: KPMG Wins Some Audits; Debating Tax Reform’s Chances; The Second Head Rolls (Sorta) | 05.16.13
KPMG Tops Q1 SEC Audit Wins [AT]
Is Tax Reform Doomed? A Debate. [Bloomberg]
Get IRS Out of the Business of Regulating Political Speech [TaxVox]
Apple target of Senate hearing on offshore taxes [Politico]
Second...
IRS Scandal Now Encroaching on What Some Employees Hold Most Dear
Last Friday the head of the Tax-Exempt Organization Division of the IRS admitted that some employees had targeted conservative groups. Since then, a lot of things have happened including one resignation,...
Companies Wanting More Liabilities on Their Balance Sheets Will Love the New Lease Accounting Proposal
What's that you say, Hans? No one wants more liabilities on their balance sheet?
"Obviously, this standard is not a very popular one," IASB chief Hans Hoogervorst said in a conference call. "Generally,...
Survey: Working Moms in Accounting Firms Could Have It Much Worse
Our friends at Vault are still cranking out surveys and last week they debuted a new one that focused on working parents. Now, I don't have kids so I suppose that disqualifies me from commenting on juggling...
