- About Us
- Continuing Education
- Future CPAs
- Government Affairs
- Professional Resources
- Society Pubs.
Last year, the IRS audited just .86 percent of all tax returns, the lowest rate in a decade, according to CNBC. The reason is that while the IRS, due to fewer resources and more responsibilities, is trying to do more with less, it has also resulted in them just doing less. IRS Commissioner John A. Koskinen, during a speech, acknowledged that there have been fewer audits because, simply, there are fewer auditors to do them, said CNBC.
"Treat people how you'd like to be treated." It's the advice we've been given since we were small children, and as a general maxim it's sound: in daily life this is the rule that tends to keep our communities from going all Thomas Hobbes on each other.
Probably not, but lately it’s not an uncommon procedure undergone by men in finance, as reported by Fortune. In 2013 alone, 385,000 men underwent a Botox procedure, according to The American Society for Aesthetic Plastic Surgery, and the numbers in 2014 continue to rise, though have not yet been released. Why?
Genworth Financial, a publicly traded insurer, took a beating in the stock market after admitting it had made a $44 million miscalculation when in its long-term care reserves, according to Bloomberg. While the specifics of what exactly went wrong are still being worked out, the company said it was likely an internal control matter:
Many professional bios on the company website tend to read more like a resume, something that is technically correct without actually telling you anything of substance. Instead of standing out, it simply becomes something that certain reporters use to fact check things such as whether someone worked at Deloitte for eight years or ten.