The USA is run by unpaid 22 year old interns being supervised by underpaid 24 year olds.
Old people in charge are definitely a problem (McConnell, Feinstein etc) but the people in their offices doing all the heavy lifting are basically children.
The USA is run by unpaid 22 year old interns being supervised by underpaid 24 year olds.
Old people in charge are definitely a problem (McConnell, Feinstein etc) but the people in their offices doing all the heavy lifting are basically children.
I'm a cpa, and from what I can tell I'm the only one on Lemmy, god help me, so I'll chime in.
Partnerships with $10 billion assets are no joke so I would imagine they are businesses like real estate holding companies, hedge funds, private equity, venture capital, things like that. Probably clients of a Big 4 like PWC Deloitte EY or KPMG.
The thing about entities like that is that they tend to be insanely complicated with TONS of moving parts. They'll be dealing with complex financial instruments, partners coming in and out, financing structures that aren't at all straightforward (if you've seen Shark Tank Mr Wonderful is infamous for offering complex financing deals rather than straight equity deals) plus international tax complications, book/tax timing differences, and all kinds of other stuff I can't begin to get into.
Oh, and that's just the tax side of it all. That's not even starting to talk about the actual accounting, recording the transactions, balance sheets, income statements, and so on, which is an enormous layer of complexity before we even think about tax. Zillions of moving parts with plenty of room for errors and omissions.
Partnerships don't pay tax at the business level so the individuals who own them need to report the income and activity on their personal returns and pay tax at that level. It's not at all easy reporting their share of activity from entities like hedge funds and PE so plenty of mistakes are made, some quite substantial. Im guessing they are going to look at the partnerships first and compare to the biggest owners returns to make sure everything jives.
I find this news great. Our industry often faces challenges due to time constraints, budget limitations, client-provided data quality, logistics, and so on. Unethical behavior is rare among practitioners, but there are some shady ones. Typically, we defer issues, leaving them for others to handle, which seldom result in consequences.
Throughout my career, the IRS has never questioned our filed returns for individuals or businesses. We've received notices, mostly related to administrative matters rather than full audits.
A strengthened IRS enhances compliance, but the accounting industry is strained with few professionals and a lack of future talent. We already cut corners for efficiency, so aiming for flawless accuracy could pose a significant problem. It's just another challenge to add to our list...
I'm always disgusted with tv ads and it blows me away that people just let commercials scream at them all day to buy viagra, anal leakage meds, insurance etc. Why would you let that shit in your home? Ugh
I'm sure this is going to be a level headed rational discussion about taxes by all the knowledgeable skilled tax professionals in lemmy.
The guy got up on stage ON ELECTION NIGHT before the votes had even been counted and started screaming about fraud. I remember Mike Huckabee on CNN condemning it, as well as the Faux News team covering it, because it was just unthinkable. Then they got their story straight and remembered who's ass their tongue is buried in, and fell in line. Bunch of traitors, the lot of them.
It's really unattractive to be so obsessed with your ex months after getting into a new relationship with Lemmy. Can we move on please?
I was hitting it off with my new neighbor and he said something like I'm glad you're cool like one of us [40 something white heterosexual cis men] because we're under attack nudge nudge wink wink. I'm good, later man.
Ask a democrat what they want and they say affordable healthcare, housing, education, social mobility, better work hours and wages; you know, better quality of life in general.
Ask a republican what they want and they'll say 'hurkdydurk I'm 'onna kill me some lib'rals durrr' like this guy. I literally think he may have drooled on himself while slurring that sentence out.
You mean it's almost like RICH people who need abortions are going to get them. Crucial distinction. It takes resources to get yourself to another state and a lot of people can't even afford to take time off work let alone pay for gas/bus ticket/plane ticket/hotel etc.
My advice is to live your life as best as you can without worrying too much about things you can't control. Try and build a life around yourself that'll help you be happy through it all, regardless of what happens. Enjoy your 20's. 30's are good too and 40's don't suck either.
To paraphrase Sun Tzu: do not choose a path to victory. Instead, choose a strategy such that all paths lead to victory.
I'm so sick and tired of every single website and service trying to push an app on me. No, I don't want to download your stupid shitty app, I've got dozens and I don't want another one that I don't use that interrupts me to push stupid notifications. Now get off my lawn!
Return to office mandates would be a lot more palatable if we didn't have to live an hour and a half away in rush hour bumper to bumper traffic because the average person can't afford to live anywhere near the central business district anymore.
Or if we could take nonexistent public transit.
Or if we could ride a bike or walk without getting run over by a moron in their suv.
We have so many issues I don't know where to start. Personally I want to RTO. I'm sick of working from home. But with issues like that..fuck..