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Expatriate advocacy groups are applauding legislation introduced this week that would implement a residence-based taxation system for U.S. citizens living overseas. Rep. Darin LaHood, R-Illinois, a...
The Financial Accounting Standards Board issued an invitation to comment Thursday asking for feedback on whether it should pursue a project on accounting for intangible assets...
Check out the companies making headlines in after-hours trading. FedEx – Shares rose 8% following the delivery giant’s better-than-expected earnings. For its fiscal second quarter, FedEx...
The optional standard mileage rate for automobiles driven for business will increase 3 cents in 2025, the Internal Revenue Service said Thursday, but the mileage rates...
The Financial Accounting Foundation released a report that found the Private Company Council has been performing its duties effectively in representing the views of privately held...
Check out the companies making headlines in midday trading. Hims & Hers — Shares of the telehealth startup shares lost more than 10% after the U.S....
While all buyers look for a degree of figurative goodwill from advisory practice sellers, some financial advisors could reap tax savings by offering up that literal...
Rates were cut by a quarter of a percentage point. (iStock ) The Federal Reserve just cut interest rates one more time this year. In their recent...
From the battle against inflation to the election of a new administration and subsequent speculation about what it could mean for financial policy and regulation moving...
Chair Elizabeth Warren, D-Mass., conducts the Senate Finance Subcommittee on Fiscal Responsibility and Economic Growth hearing titled Promoting Competition, Growth, and Privacy Protection in the Technology...
The ascendency of AI has come with it the ascendency of Chief AI Officers, with a number of prominent companies having hired or appointed one in...
CFPB cracks down on rewards tactics About 90% of all credit card spending is on rewards cards. But according to the CFPB, an increasing number of consumers have...
“WE CAN NOW assess the future of natural gas exports based on the facts.” So declared Jennifer Granholm, America’s outgoing energy secretary, in a statement published...
Jo Panuwat D – stock.adobe.com “The calm before the change” — that is how one industry source aptly described this year’s tax season as Donald Trump...
The Economist has been handed a confidential memo by a consultancy with way too much time on its hands
