Four million dollars. That's the amount ringing up on accountant, Leo Kehoe's calculator these days. The CPA in Whitestone, NY, is suing Craigslist over several advertisements that called him a "crook."
Chief financial officers from 24 financial institutions received a Dear CFO letter from the chief accountant of the SEC last week asking for detailed information about their accounting for repurchase agreements.
The Internal Revenue Service should improve the way it deals with balance-due payments from delinquent taxpayers, according to a recent TIGTA report. Unnecessary delays are resulting in extra penalties and interest costs to taxpayers.