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Epstein’s Accountant Saw No Red Flags After Years Managing His Money
After more than a decade handling his money.
I hope Monday kicks y’all’s ass as hard as it’s kicking mine. It’s only 5:45 a.m. and I’m already getting cooked. I refuse to suffer alone.
I share the 4-5 most important accounting that actually matter. I scroll so you don’t have to.
So grab your coffee, take a quick break, and lets catch up.
Today’s Ledger:
Epstein’s accountant saw “no red flags.”
The IRS failed its own cyber test.
America somehow still reads books.
WTF of the Day🤯
Epstein’s Accountant Says He Saw No Red Flags
Imagine doing Jeffrey Epstein’s books for more than a decade and saying nothing in the money looked suspicious. That is what Richard Kahn told lawmakers. He said he never saw abuse, never received a complaint, and viewed Epstein’s payments and gifts as normal financial activity. Kahn said he would have quit immediately if he had known what was happening. LOL
Kahn was not just some accountant who popped in once a year. He managed Epstein’s finances for years and later became a co-executor of his estate. That is why Congress wanted to hear from him. The big accounting question is uncomfortable but simple. How much can move through the books before the person doing the books starts asking what is actually going on?
What’s poppin in accounting🍿
The IRS Failed Its Own Cyber Test
The IRS holds some of the most sensitive data in America. Social Security numbers. Income. Bank info. All the stuff you really do not want floating around. So it is not great that a government watchdog just rated the IRS cybersecurity program ineffective.
The ugly part is six of seven systems tested had critical security problems that were not fixed within the required 30 days. The IRS says it is improving, which is nice. But when you collect $5.3 trillion and process 271 million tax returns, “we’re working on it” is not exactly the sentence taxpayers want to hear.
Weekly Trend Chart 📊
America Still Reads More Than You Think
Americans read about 17 books a year, more than any other country. India came in second with 16. The U.S. also spent about 357 hours a year reading. Honestly, that surprised me. I would have guessed we spent all our free time scrolling TikTok, arguing online.
The weird part is money does not seem to matter much. Iran averaged more than 6 books a year. The UAE averaged less than 3. So being richer does not automatically mean people read more.
Meme of the Day😂
😂 would love to hear your guys stories
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