CFOs Need to Learn About Tax Credits [CFO]
FASB Finishes Talks on Revenue Recognition [CW]
Gerald A. Poynter, also known as "Brother Jerry Love," admitted to leading a tax fraud conspiracy in which co-conspirators from eight states filed fraudulent tax returns seeking $96 million in refunds. The IRS mistakenly paid out $3.5 million of those refunds to Poynter and other filers, including "branch managers" who recruited conspiracy participants. As the leader, Poynter would receive a cut of each refund, which he directed the others to call "love donations" with checks written out to "Jerry Love Ministries." [KCBJ]
Auditor to the Chinese reverse mortgage fraud stars, Sherb & Co., got barred by the SEC today, more than five years after a Barron's article warned everyone about the firm. [Jon Weil]
Baucus plans to release a tax overhaul discussion draft by Nov. 22. Good Thanksgiving dinner discussion! #taxreform #taxes
— Jen DePaul (@TaxAnalystsJen) November 7, 2013
Chart of the Day: Higher Income Taxpayers Are the Most Likely to Itemize http://t.co/EygtdyN0bW pic.twitter.com/5LIVaVDaGA
— Tax Foundation (@taxfoundation) November 7, 2013
Studies Make a Case for Engagement Partner Identification [AWEB]
Can Expiring Tax Provisions Save the Budget Talks? [TaxVox]
Best Overall Internships Plante Moran: 7; PwC: 12; Deloitte: 13; KPMG: 17; Moss Adams: 23. [Vault]
Bacon Deodorant Is A Real Thing [HP]