The Friday Lowdown ⬇️

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

Heat Forgot to Pay Jimmy Butler for 10 Days

Even NBA teams mess up payroll. The Miami Heat’s accounting mistake left Jimmy Butler unpaid for 10 days, according to NBA insider Chris Haynes. No direct deposit, no check, just a millionaire wondering where his money went.

The team eventually fixed it, but it reportedly added to tensions between Butler and the front office. If a billion-dollar franchise can screw up payroll, what does that say about the rest of us

Source HoopsHype

💎 What’s poppin in accounting

IRS Whistleblowers Say NDAs Are Silencing Them

The IRS is under fire for not protecting whistleblowers who report tax fraud. A new report says insiders trying to expose shady activity are being forced to sign NDAs, making it harder for them to speak out without retaliation.

Critics argue this weakens fraud detection, since people inside the system are often the first to spot tax cheats. If whistleblowers can’t talk, how much fraud is slipping through the cracks

Source Accounting Today

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Gummies, cookies, flower, vapes—they’ve got it all. Grown on small American farms, totally pesticide-free, and priced so well it’s basically a write-off (kidding, but also not kidding).

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 📊 Weekly Trend Chart

Egg Prices Just Hit a Record High

Egg prices have skyrocketed 58 percent since the end of November hitting an all-time high. If you thought last year’s “eggflation” was bad this one’s even worse.

What’s causing it A nasty bird flu outbreak wiped out millions of hens crushing supply just as demand surged. So unless you own backyard chickens expect to keep paying up for your morning omelet.

#😂

i see nothing wrong with this 😂

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