Category Archives: Articles

Irreverent, entertaining, incisive articles on a variety of accounting and tax subjects.

Are accountants the future anthropologists of the cyber era?

Are accountants destined to be the anthropologists of the cyber era? Gillian Tett appears to suspect such. Continue reading

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Don’t let a stooge prepare your income tax returns.

Does a stooge prepare your income tax returns? Watch the Three Stooges prepare a tax return and learn from them. Don’t be a stooge: hire a CPA to prepare your next tax return! Continue reading

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Alayne Fleischmann blows whistle on JPMorgan Chase massive criminal securities fraud

A year ago this month the U.S. Department of Justice announced that the banking giant JPMorgan Chase would avoid criminal charges by agreeing to pay $13 billion to settle claims that it had routinely overstated the quality of mortgages it … Continue reading

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Connecticut Department of Labor: SNAFU!

Are you as an employer having trouble paying online your unemployment compensationtaxes with the Connecticut Department of Labor? SNAFU. Continue reading

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Berlin looks to build $21 million police department

The Berlin police department is looking to build a new facility, but some residents don’t think spending $21 million should even be considered. Continue reading

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Residents Oppose Cost of Berlin Police Department Move to Bigger Space

William Brighenti, who founded the Berlin Property Owners Association, argued that the town can’t afford a new police headquarters, and police should look to clear space in their current building. He thinks one way to accomplish this is to get rid of tactical gear. Continue reading

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Is Hillary Clinton an elitist? Do you charge $300,000 for a speech, and get a private jet, presidential suite at a luxury hotel, meals, etc.?

Is your standard charge for a speech $300,000?  According to an article appearing on the website of the Las Vegas Review-Journal, and a May 31, 2013 email, Clinton’s standard contract usually includes: Round-trip transportation on a chartered private jet “e.g., a Gulfstream … Continue reading

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Another reason why I will not renew my subscription with Intuit for ProSeries tax software

Are you a taxpreparer who is unsatisfied with the quality of Intuit’s ProSeries tax software program? I am not a happy user of ProSeries tax software. Choose your tax software carefully. I will be searching for an alternative tax software vendor for the year 2014. Continue reading

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Summary of Staff Discussion Draft: International Business Tax Reform

Senator Max Baucus, Chairman of the U.S. Senate Committee on Finance, releases a staff discussion draft on international business tax reform. Continue reading

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Are you experiencing long waits calling the IRS?

I am still holding on a call to the Internal Revenue Service, even though I called (800) 829-0115 two hours ago. This telephone number is the one often included in notices from the Internal Revenue Service for overdue business taxes. … Continue reading

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