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- (HOLIDAYS EDITION) The Thursday Accrual: December 25, 2025
(HOLIDAYS EDITION) The Thursday Accrual: December 25, 2025
Happy Holidays, everyone! We're grateful to have you as part of the Daily Accrual. May your holidays be filled with happiness, warmth, and cherished moments.
12/25/2025
Investors see ANOTHER return on Masterworks (!!!)
Thatâs 3 sales this quarter. 26 sales total.
And the performance?
14.6%, 17.6%, and 17.8% â The three most representative annualized net returns.
(See all 26 at Masterworks.com)
Masterworks is the biggest platform for investing in an asset class that hasnât moved in lockstep with the S&P 500 since â95.
In fact, the market segment they target outpaced the S&P overall in that time frame.*
Not private equity or real estate⊠Itâs contemporary and post war art. Crazy, right?
Masterworks investors are typically high net worth, but the point is that you donât need to be a capital-B BILLIONAIRE to invest in high-caliber art anymore.
Banksy. Basquiat. Picasso and more.
80+ of the worldâs most attractive artists have been featured.
511+ artworks offered
$67.5mm paid out as of December 2025
$2.3mm+ average offering size
Looking to update your investment portfolio before 2026?
*Masterworks data. Investing involves risk. Past performance not indicative of future returns. Reg A disclosures at masterworks.com/cd
Profit & Loss Report
Senators Pushes for IRS to End Hiring Freeze Ahead of Filing Season
Senators urge IRS Acting Commissioner Bessent to lift the hiring freeze before the 2026 filing season, noting losses could delay returns and services. Authorities seek plans to hire 3,500 employees to meet service goals and address OBBB Act gaps.
IRS and TAS lost 17â19% of staff, with nearly one in four TAS advocates departing, creating backlogs and strained support. Experts warn shortages may persist even if the freeze ends, raising noncompliance, especially among higher taxed earners.
Rare Accounting Oddities
Whatâs the most controversial âAssetâ accountants have measured?
DYK accounting has wandered into human territories? Human Capital Accounting estimates the value of a person based on factors like education, skillsets, and productivity.
Itâs used in economics and workforce planning to guide decisions on hiring, training, and investing in talent - not to price people, but to highlight the value theyâre creating.
Controversial yet still fascinating, it reminds us of one accounting truth: people may not be on the financial statements, but theyâre often the most valuable asset known to mankind.
Learn data transformation processes, spatial analysis, macros, and analytic apps using real-world financial datasets.
Format: 5â20 min videos, 6 quizzes, final assessment
Field of Study: Information Technology
Prerequisites: Wisdifyâs Alteryx Fundamentals for Financial Analysis
Learn how to:
Apply advanced data transformation methods
Optimize workflows for speed and scalability
Collaborate with spatial data to uncover trends
Build macros and analytic apps for automation
Reach for high-value clients and strategic positions in Wisdify.
Journaling Insider
IRS Updates on Interest Deductions and Premium Credit Repayments
The IRS updated FAQs on Sec. 163(j) business interest limits and Sec. 36B premium tax credits under the One Big Beautiful Bill Act. Taxpayers relying on the FAQs in good faith can avoid certain penalties, however the guidance is not binding.
After 2024, Sec. 163(j) allows addbacks for depreciation, amortization, or depletion and expands floor plan interest, with clarifications on interest and CFC income. The law also removes caps on repaying excess premium tax credits by 2026.
Making Cents of Accounting
âCross the Road Laterâ
Accountant 1: âWhy did the accountant cross the road?â
Accountant 2: âTo balance the other side?â
Accountant 1: âExactly. And reconcile more statements.â
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