Did The SEC Blackmail BDO Into Becoming A Mole?
In a little noticed indictment, back in 2015, The Securites And Exchange Commission charged the accounting firm BDO and five of its partners for ignoring warning signs in AmWay marketings workers compensation insurance subsidiary’s accounting practices and proceedures in 2013. They also filed fraud charges against the client company’s then-chairman of the board and majority… (0 comment)

Will Fee Freefall Kill The Independent Tax Preparer?
On Friday, the Wall Street Journal published a story about “The Real Reason Everyone Offered You Free Tax Prep This Year.” The reason given was that the big software firms are trying to capture taxpayer data for future marketing purposes, and hoping for customer ‘stickiness.’ Attempting to generate ‘stickiness’ by providing low cost and free…