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Footnotes: Tax Season Will be Complicated; Look Up; PwC Promotions | 10.21.14

Posted on by Adrienne Gonzalez

Koskinen Warns Filing Season Could Be Most Complicated Yet [Tax Analysts]

Taxpayer Barred From Communicating With CPA Still Hit With Late File Penalty Definitely an interesting read [Forbes]

Why don't regulators just regulate bankers already? [Bloomberg View]

So, we made this today. Be gentle, it's our first handmade gif.

Yahoo profit soars following the Alibaba IPO [CNN Money]

At meteor showers? [Twitter]

Turns out insider trading is pretty darn profitable [Fortune]

Why does PwC require 3 years as staff? The youths want to know [Reddit]

Accounting Principles Lists the Top Jobs Trending Upward [AccountingWEB]

The US Cities That Allow the Tiniest Apartments (Not Where You'd Think) [Gizmodo]

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‘Hannibal’ Scrushy is Accused of Hiding Assets


richard_scrushy.jpg
Because the entire blogosphere/media is still suffering from a serious 4th of July cocktail flu, we’ll jump back on HealthSouth briefly.
Richard Scrushy, whom former CFO Aaron Beam said he would take over Hannibal Lecter (uncanny resemblance) in a fight, has been accused of HealthSouth Corp of hiding assets in order to avoid paying down some of the $2.8-odd billion that he was ordered to pay to the company after the civil proceeding.
HealthSouth says that Scrushy has $600 million in offshore accounts plus real estate in other people’s names that should be turned over. Scrushy, who we understand is held behind glass, did not comment other than that he def recommends Chianti with liver.
HealthSouth accuses Scrushy of hiding assets [AP via Miami Herald]

More Foam Fingers for Everyone, Except You BDO

green#1.jpgNot surprisingly, the Big 4 find themselves on another best of list, this time the best for Working Mother 100 Best Companies for 2009. RSM McGladrey and Grant Thornton also made the list so it seems legit.
All these firms also made the magazine’s work/life balance list, although there doesn’t seem to be any difference sans one company we didn’t take the time to identify.
Unfortunately, there doesn’t seem to be any kind of formal ranking, unlike the BW list, so no firm has the ultimate bragging rights, which is probably upsetting Deloitte who was probably going for the Grand Slam of magazine Best Of Lists.
A quick run down of some stats after the jump:


• Deloitte had the highest number of women on their Board of Directors at 29%
• 50% of PwC’s top earners are women
• 44% of E&Y managers are women and they have the most women partners, according to the list
• RSM’s total workforce is 55% women.
You can check more stats at each firm’s page. Frankly, for a major firm to NOT make this list doesn’t um, look too good (ahem, BDO).

Look Man, Not Even Ron Paul is Buying Your Fed Conspiracy Story, So Can We Drop it?

FatinaSalaheddineDarrellIssaUSCongressman.jpgBecause we know you haven’t gotten enough of the whole Bank of America/Merrill Lynch deal-under-duress drama, we’re happy to report that Representative Darrell Issa of California (seen at left, with, we can only assume, a constituent, not a high-priced call girl or his staffer’s wife, or his Argentinean soulmate) isn’t satisfied by B-squared’s testimony and likely won’t be satisfied with Hank “Just call me Lance Armstrong” Paulson’s testimony that is scheduled for Thursday.
No, no. Issa wants more information, “[he] wrote to Treasury Secretary Timothy Geithner July 2 asking for all records surrounding an October 13 meeting and decision to use government bailout funds to buy equity in financial institutions.”
You think that’s good? He’s not done:

Issa also asked the Treasury to provide records and communications, including notes and e-mails from a range of officials, relating to the Bank of America-Merrill merger from August 1 though February 1. Issa also asked New York Attorney General Andrew Cuomo in a July 1 letter to provide transcripts of interviews with Paulson and any other communications with federal officials on the Bank of America-Merrill merger.

That’s right. Six months worth of emails and notes. Every single post-it that you did your best Jackie Treehorn sketch on MUST. BE. SAVED.
Issa, a believer in a Nixon-esque coverup at the behest of Bernanke, has clearly channeled his inner-Maxine Waters and will BE DAMNED if this is happening on his watch.
Lawmaker seeks more data in BofA-Merrill deal [Reuters]