Under U.S. Generally Accepted Accounting Principles (GAAP), there are strict rules on when to recognize revenues and expenses. Here's important
The Sec. 461 All-Events Test: Timing for Deducting Accrued Warranty Claims
Coverdell ESAs: The tax-advantaged way to fund elementary and secondary school costs With school letting out you might be
Now that Affordable Care Act (ACA) repeal and replacement efforts appear to have collapsed, at least for the time being,
The tax consequences of the sale of an investment, as well as your net return, can be affected by a...
Most of the talk about possible tax legislation this year has focused on either wide-sweeping tax reform or taxes that
Does your company have an internal audit function? If so, you may be able to use...
By midyear, most businesses that follow U.S. Generally Accepted Accounting Principles (GAAP) have issued their year-end financial statements. But how
Do you procrastinate when it comes to closing your books and delivering year-end financial statements? Lenders and investors may think
The American Institute of Certified Public Accountants (AICPA) has clarified its guidance on pro forma compilations.
The Financial Accounting Standards Board (FASB) has amended U.S. Generally Accepted Accounting Principles (GAAP) to clarify the guidance on reporting
Running a business is like going on a road trip - and a detailed business plan that includes a set