How can a trial be fair when the judge works for the prosecutor?

How can a trial be fair when the judge works for the prosecutor?

The ever-growing administrative state has become a fourth branch of government. Unelected, unaccountable, and tenured bureaucrats pass most of the rules that govern Americans’ lives—thousands of new ones every year. To help this bloated administrative state, Congress has created internal courts that have taken over most law enforcement cases from the judiciary. These administrative law … Read more

No guard rails for regulators

No guard rails for regulators

The Supreme Court hears challenges to FTC and SEC abuses.

Former MoviePass executives charged in securities fraud case

Former MoviePass executives charged in securities fraud case

MoviePass, a Netflix-like subscription service for movie theaters, made a splash in 2017 when it debuted. Photo: Andrew Harrer/Bloomberg News Updated November 5, 2022 at 7:30 PM ET Former executives at MoviePass and its predecessor The parent company was indicted in a securities fraud case, accused of defrauding investors, the Justice Department said Friday. Former … Read more

SEC Auditor Warns of Increased Fraud Risk Amid Recession Fears, Market Selloff

SEC Auditor Warns of Increased Fraud Risk Amid Recession Fears, Market Selloff

Wall Street’s top watchdog warns that a market selloff and fears of a recession could prompt more companies to cook their books, putting pressure on accountants to catch them. “The current economic environment is subject to significant uncertainties and, historically, often leads to increased risk of fraud,” Paul Munter, acting chief accounting officer at the … Read more

Audit regulator steps up enforcement under new leader

Audit regulator steps up enforcement under new leader

The U.S. auditor’s watchdog is getting tougher on rule-breaking auditors after years of criticism for their alleged light touch. But there are limits to how much it can change. The shift is being led by the new chair of the Public Company Accounting Oversight Board, Erica Williams, who said: “When people cheat, make sure there … Read more

‘He is not willing to live in my house because it has fewer facilities’: My boyfriend wants me to move in and pay half of his monthly costs. Is that fair?

‘He is not willing to live in my house because it has fewer facilities’: My boyfriend wants me to move in and pay half of his monthly costs.  Is that fair?

Dear Quentin, My boyfriend owns a house with a 30-year mortgage balance of $150,000 at a 4% interest rate. He has $275,000 in cash and retirement accounts. He is retired. My house is paid off. I have $50,000 in cash and retirement accounts. I would like to retire within one to two years. We want … Read more

‘My girlfriend owes $200,000 in medical and credit card debt’: She wants me to settle it – by paying part of the outstanding amount

‘My girlfriend owes $200,000 in medical and credit card debt’: She wants me to settle it – by paying part of the outstanding amount

Dear Quentin, My girlfriend owes over $200,000 in medical and credit card debt, but she thinks it can be settled for 5% of the total if someone else will pay it. She reasons that her creditors would not be entitled to anything in my name, so they will take whatever I offer to settle on … Read more

CFOs change jobs, retire as companies face uncertainty

CFOs change jobs, retire as companies face uncertainty

A number of finance chiefs at some of the country’s biggest companies have left their jobs in recent weeks, an exodus that comes amid pressure that high inflation and the Covid-19 pandemic have had on corporate balance sheets and the economic outlook. Fall is often a period of increased CFO turnover because that’s when companies … Read more

The IRS releases new federal tax brackets and standard deductions. Here you can see how they affect your family’s tax bill.

The IRS releases new federal tax brackets and standard deductions.  Here you can see how they affect your family’s tax bill.

America’s high inflation rate will produce a 7% increase in the amount of the standard deduction when workers file their taxes on their 2023 income, according to new inflation adjustments from the Internal Revenue Service. It will also pump up tax rates by 7%, according to the annual inflation adjustments the IRS announced this week. … Read more

New IRS tax brackets and standard deductions can save families hundreds or even thousands of dollars. Now for the bad news.

New IRS tax brackets and standard deductions can save families hundreds or even thousands of dollars.  Now for the bad news.

At a time of rising costs, the Internal Revenue Service just raised the income tax rate through new inflation adjustments for next year. It can sometimes feel hard to associate the IRS with the concept of good news, but the 2023 income tax adjustments, the widespread standard deduction and about 60 other inflation-indexed tax provisions … Read more