Every day, executives receive spreadsheets filled with cash flow reports and income statements, but without context, these numbers remain meaningless, a squandered opportunity to guide strategy. ...
It seemed like a low-risk bet when in 2020 Carlyle Group Inc. agreed to provide around €200 million ($210 million) in private bonds to Pro-Gest SpA,...
Tesla Inc.’s holdings of Bitcoin gave its latest quarterly results a boost, courtesy of new accounting rules for digital assets. Its net income got a $600...
Early in my tenure at Accounting Today, I got to sit in on a visit to our office from the newly installed head of a major...
An irrevocable trust is an essential tool in the kit of most estate planners, not only for sheltering assets from future estate tax, but for protection...
Archeologists have uncovered a set of court documents for an ancient Roman tax fraud and forgery case in the then-province of Judea connected to sham transactions...
The Internal Revenue Service is making progress on whittling down the amount of time it takes to help victims of tax-related identity theft, even as the...
A hedge fund trader convicted of fraud over sham Cum-Ex trades in a massive scandal that cost Denmark’s treasury a total of 12.7 billion kroner ($1.8...
The taxation of digital assets continues to be an area of confusion. The Internal Revenue Service has long taken the position that digital assets are treated...
Imagine a firefighter and a schoolteacher in their late twenties. They get married, purchase a modest two-family home, live in one unit, and rent out the...