A well-organized chart of accounts is the backbone of any company’s bookkeeping and financial reporting system. It’s essential for categorizing transactions properly, ensuring accurate record-keeping, and...
The Internal Revenue Service and the Treasury Department issued proposed regulations last month offering guidance on the corporate alternative minimum tax on companies with over $1...
A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest...
The National Association of Tax Professionals expressed its disappointment over a recent Intuit ad promoting its TurboTax full-service option. NATP said the ad encouraged taxpayers to...
The American Institute of CPAs sent a comment letter to the Treasury Department and the Internal Revenue Service objecting to their guidance around basis-shifting transactions involving...
There was a small but sharp jump last month in the share of people bracing for a missed debt payment, according to the New York Fed’s...
Former President Donald Trump said his policies would inspire growth despite adding to the debt as he sought to assuage business leaders who worry his economic...
San Francisco Fed President Mary Daly on Tuesday said she is open to skipping an interest-rate cut at one of the Federal Reserve’s two remaining policy...
“You deserve what’s rightfully yours.”
Payroll and human resource services giant ADP announced it has acquired global enterprise-focused workforce management solution provider WorkForce Software, based in Michigan. The specific terms of...
Reporting is one of the most actionable pieces of running a business. Owners simply have to understand how their business is performing to chart out next...
Boeing Co., under pressure to boost liquidity, filed a $25 billion shelf registration Tuesday to offer equity or debt over the next three years and announced...
What keeps employees engaged is changing rapidly, and accounting firms can’t afford to fall behind, according to Tina Wang, division vice president of HR at payroll...
Donald Trump vowed to boost the U.S. auto industry by making interest on car loans fully tax-deductible and renegotiating a trade deal with Mexico and Canada...
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw...
Strategists Jason DeSena Trennert and Ryan Grabinski, of the institutional brokerage Strategas, point out that 117 of the S&P 500 companies have a lower credit-default swap...