The IRS Is Long Overdue for Substantial and Systemic Changes – Bloomberg Tax

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The IRS Is Long Overdue for Substantial and Systemic Changes – Bloomberg Tax

Bloomberg Tax is taking a deep dive into the problems plaguing the Internal Revenue Service. We asked current and former government officials,
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Life insurance bond seller GWG files for Ch. 11 amid SEC probe | Reuters

… for Chapter 11 bankruptcy protection on Wednesday amid an investigation by the Securities and Exchange Commission into the company's accounting.
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Lululemon ups growth projection, aims to double 2021 revenue by 2026

Vancouver-based leisurewear giant Lululemon Athletica Inc. (Nasdaq:LULU) today upped growth projections, and said it plans to double annual revenue to US$12.5 billion by 2026. The company hosted analysts at a New York event, where executives discussed …
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When does creative accounting become fraud? – East Midlands Business Link

Creative accounting sees accounting rules being bent, or questionable accounting judgements applied in preparation of financial statements.
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Netflix's world has been turned upside down as stock plunges 35%

“What worked until this point may not be working anymore,” Michael Nathanson, a media analyst at MoffettNathanson, told CNN Business. “The world’s changed.”.
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