Footnotes: Bogus Depreciation; IRS Has Just Given Up; When Crime Pays | 07.14.14

House Poised to Throw $276 Billion "Bonus" at Businesses Not everyone is happy with this bonus depreciation stuff [Center for Tax Justice]

Hiring Forecast Has Good News for Accountants [AWeb]

Americans for Tax Reform wants you to tell Congress not to tax Internet access [ATR]

IRS Surrenders, Won't Check Whether Political Nonprofits Are Breaking The Law [HuffPo]

Central Bank Chief Sees No Risk of Eurozone Bubbles “We don’t see a bubble yet,” Mr. Draghi said, adding, “I think the word is ‘frothy’ market conditions.” [NYT]

The Michigan accountant who is accused of killing his boss over embezzlement has been convicted of second-degree murder [9&10 News]

Singer Cheryl Cole says she wasn't trying to avoid paying taxes, she just funnelled her money into an Irish shell company because her accountant is Irish, duh [Daily Mail]

Government crime pays: Stamford accountant who stole from his city employer has been allowed to keep his $63,000 annual pension [WTNH]

New Accounting Standards Will Change How Companies Treat Discontinued Operations [Compliance Week]

Rothstein Ponzi 'feeder' charged with fraud No, not that Rothstein [SunSentinel]

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