Will Virginia’s New Confectionery Law Serve as a Model for States Looking to Fatten Up State Revenues? [BNA]
Virginia is in the midst of implementing a new confectionery law that will cover booze-infused treats like spiked ice cream. It will all depend on how the Commonwealth defines “confectionery.”
Trust Betrayed: Wives of White-Collar Criminals Tell Their Stories [NYT]
Since men commit 69 percent of white-collar crimes, it stands to reason that there would be a support group for that: The White-Collar Wives Project. e.g. “He played violin in the front row of the church while being a criminal all week.”
Yeti Cools on Initial Public Offering Plan [CFO]
The company cited “market conditions” for its cold feet.
Lawmakers introduce bill to reform the IRS [AT]
The IRS was last reformed in 1998.
DMX’s Lawyers Are Going to Play His Songs in Court to Sway Judge During Sentencing [Pigeons & Planes]
Judge Jed Rakoff will hear “Slippin” and “The Convo” among others. DMX faces five years for tax evasion.
Previously, on Going Concern…
I wrote about how millennials helped PwC learn that their employees aren’t a bunch of soulless robots.
Grant Hutchinson featured another cloud accounting firm owner who benefited from Xero’s help.
In Open Items, an intern seeks advice for an office relocation.
In other news:
- Lower Tax Rate Boosts Case for Corporate Bonds Over Munis
- Facebook scraped call, text message data for years from Android phones
- U.S., States Step Up Pressure on Facebook
- Babies ‘R’ Us Demise Sets Off Scramble for Baby Registries
- Man found naked in helicopter after driving car into lake
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