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"TaxProf Blog" - 4 new articles

  1. Placement Data Controversy Hits Elite Law Schools
  2. GAO: IRS Continues to Put Taxpayer Information at Risk; 89 of 105 Internal Control Weaknesses Remain
  3. Law School Targeted in Placement Data Litigation Responds
  4. WSJ: Two New Tax Traps for Small Businesses
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Placement Data Controversy Hits Elite Law Schools

Following up on Monday's post, NY Post: Columbia, NYU, Fordham Law Schools Inflate Employment Stats: The Careerist, Columbia and NYU's Dubious Job Stats, by Vivia Chen: Are they all lying? Or just careless—conveniently so? Maybe we've all been too snobby, assuming that only low-ranking law schools cook their employment data...
 

GAO: IRS Continues to Put Taxpayer Information at Risk; 89 of 105 Internal Control Weaknesses Remain

The Government Accountability Office yesterday released IRS Needs to Further Enhance Internal Control Over Financial Reporting and Taxpayer Data (GAO-12-393): IRS implemented numerous controls and procedures intended to protect key financial and tax-processing systems; nevertheless, control weaknesses in these systems continue to jeopardize the confidentiality, integrity, and availability of the...
 

Law School Targeted in Placement Data Litigation Responds

Following up on Wednesday's post, 20 More Law Schools to be Sued Over Allegedly Fraudulent Job Placement Data: David Yellen, Dean at Loyola-Chicago, one of the targeted schools, sent this forceful email to faculty, students, and staff: A group of lawyers has sued a number of law schools regarding allegedly...
 

WSJ: Two New Tax Traps for Small Businesses

Weekend Wall Street Journal, Tax Report: Traps for Small Businesses, by Laura Saunders: A pair of changes for 2011 could mean big headaches for taxpayers who report business or partnership income on their individual tax returns. Both changes involve so-called 1099 forms, which are reports submitted to the IRS so...
 

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