Stay updated with breaking news from Accounting Method. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Section 446(e) requires a taxpayer to obtain IRS consent prior to changing its accounting method. A change in method of accounting may include either a change in an overall plan of...
Your business exists to serve a human need. The better you meet that need the more you grow, the more people you can serve and employ and the more lives
IRS webinar: File Error-Free Form 1023-EZ The Tax Exempt and Government Entities Division invites you to register for the free File Error-Free Form 1023-EZ webinar on Thursday, February 4, 2021; 1 p.m. Eastern Time. This webinar is designed to help smaller organizations that are filing for tax exemption determine: Who can use Form 1023-EZ to apply for tax exemption How to submit the form Differences between Form 1023 and Form 1023-EZ Form 1023-EZ eligibility requirements IRS revises Form 1024-A, application for Section 501(c)(4) tax-exempt status as part of ongoing efforts to improve service...
Hanoi rats, Goodhart’s law and the quality of our fiscal deficit Photo: Mint Share Via Read Full Story In 1902, the city of Hanoi in Vietnam was ruled by the French and the wealthy parts of the city had a French-style sewer system. The sewer system had become a breeding ground for rats, leading to fears of the spread of a disease like the bubonic plague. In an effort to get rid of these rats, the city offered a bounty for each rat tail that was delivered to the colonial offices. The rat tails started pouring in. But very soon, tailless rats were seen in the sewers.
>> the audit found that about a quarter of chicago's aggravated assault and battery cases in 2012 failed to get counted in chicago police statistics reported to the fbi. that incident-based accounting method predates mayor rahm emanuel since it was flagged as incorrect by the inspector general, the chicago pd has begun a review process to fix it. and looking beyond that reporting error, mayor says he's proud his administration's record of reducing crime. >> overall crime is declined as has homicides to report lows since '71. >> how did that happen? i mean, the drop is dramatic. >> the way i lo...