<< Read Full Article
<< Read Full Article
The Tax Guys Duke It Out Over priceline.com
Is there a CPA in the House?
Yesterday's piece about priceline.com's (PCLN Quote) accounting practices sparked a torrent of emails.
To recap, the company said it is NOT a travel agent (a.k.a. "middleman") and Robert Willens, tax and accounting specialist at Lehman Brothers, said its reporting practices are "appropriate," assuming the company takes the risk of the merchandise (a.k.a. the airline tickets).
But some observers question whether that is the case. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,409.38 | 1,102.66 | 2,194.53 | 34.82 |
Oil *
71.93
|
|
UP
72.33
|
UP
6.72
|
UP
10.80
|
UP
0.59
|
10 Yr
3.48%
SPDR Gold
110.89
|
|
+0.70%
|
+0.61%
|
+0.49%
|
+1.72%
|
Data delayed 20 minutes |
Connect with TheStreet