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Financial A&A news from around the web: May 30 – June 3, 2022

Written on May 31, 2022

IRS finds disguised non-deductible dividends 
In some instances, C corporations prefer to designate payments as amounts for compensation, rather than payments of dividends. The IRS sees it another way, and the Courts backed it up. 

Five questions for accountants 
Asking someone what they want to be when they grow up is a broad question. Daniel Hood suggests asking accountants what they want to be after they’ve had a few years in the workforce. Here are five narrower questions that accountants should be asking themselves.