The High Court and Supreme Court confirmed that reopening assessments on depreciation and goodwill claims in a Slump Sale transaction was invalid, as material facts were fully disclosed and original ...

Experts say startups that neglect accounting risk cash flow issues, tax pitfalls and missed deductions. CPAs outline key ...

Learn how to increase your tax refund before year-end with expert tips from LaTasha Hibbert. Don't miss out on valuable credits and deductions.

A tweak to the deductibility of gambling losses may not bring in a lot of tax revenue, but it could certainly alter a lot of ...

Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 ...

Western Asset Diversified Income Fund has 12% yield, NAV discount, and stable payouts. Read here for an investment analysis ...

Loft47 for Teams automates commissions, payouts and accounting workflows while giving team leaders real-time performance ...

Bitcoin treasury companies are redefining capital preservation. By placing bitcoin at the center of their balance sheet ...

In an effort to increase the transparency and usefulness of the income tax footnote disclosures, FASB promulgated Accounting ...

The accounting cycle tracks a transaction until it's added to your company's financial statement. Follow this eight-step ...

By helping business owners shore up their metrics, you can help them boost their enterprise value and add more value to your ...

The Tribunal ruled that duty drawback income recognized on cash receipt basis cannot be taxed on accrual, as consistent accounting practice caused no revenue ...