The Tuesday Lowdown ⬇️

Happy tax day, you beautiful overworked lunatics

If you're new around here, every day I share the 4-5 best accounting insights I saw in the past 24 hours.

I scroll. so you don't have to.

💎 WTF of the Day

She caught the fraud - and they showed her the door

Debi Andrews was the CFO at siena heights university. sharp. honest. by the book. one day she spotted something off, vendors getting paid for work that didn’t exist. she flagged it. spoke up. she also backed a coworker who said she was being sexually harassed by a top exec.

and then they fired her. not the fraudster. not the alleged harasser. the one person actually doing the right thing. now she’s suing the university for wrongful termination. wild story and a reminder that sometimes playing it straight comes with a cost.

source cfo.com

💎 What’s poppin in accounting

Most Americans don't know TCJA tax cuts will expire

Raise your hand if you know what the TCJA is. No one? Great.

Back in 2017, trump signed a law called the tax cuts and jobs act (tcja). it lowered federal income tax rates for most people. less money to uncle sam, more in your paycheck. good times.

Those cuts weren’t permanent. they were set to expire in 2025. unless congress renews it, tax rates go back to 2016 levels. which means higher taxes for most households.

But don't worry, Congress will probably fix it… right after they finish naming a bridge after themselves.

 📊 Weekly Trend Chart

apple made $400 billion in a day. here's how.

apple’s stock popped 15% after trump announced a 90-day pause on tariffs for tech imports. that added $400 billion to its market cap.. overnight.

the rally wasn’t just tariffs. apple’s been on a rebound streak since hitting a 2024 low. now they’re back at the top, beating out microsoft as the world’s most valuable company.

But the tariff break is temporary, and if trade talks stall, this gain could vanish just as fast.

#😂 

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