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The Governmental Accounting Standards Board has issued a proposal to establish a single approach for state and local governments to report leases based on the principle that leases are financings of the right to use an underlying asset.
February 9 -
With many of the largest U.S. college endowments at record values, two congressional committees that determine tax policy jointly opened an inquiry about how the wealthiest schools manage and spend those funds.
February 9 -
Congresss passage of legislation last December making many expired tax breaks permanent adds an extra measure of certainty for tax preparers helping their clients with tax planning this year.
February 8
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Klatzkin & Co.’s Stephen Klein shares the biggest mistakes business owners make
February 8
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Brixmor Property Group Inc. shares plunged after Chief Executive Officer Michael Carroll and two other executives resigned following a discovery by the companys audit committee that employees were smoothing income to make quarterly results more consistent.
February 8 -
The Internal Revenue Service needs to have better processes in place to administer its federal unemployment tax program, according to a new report.
February 8 -
President Barack Obama defended his proposal to levy a new $10-per-barrel tax on oil, arguing that low gasoline prices afford the U.S. an opportunity to finance dramatic improvements in its transportation systems.
February 8 -
This past Saturday, the Houston Affiliate of the American Womans Society of CPAs (AWSCPA) hosted its 33rd Annual Seminar. This year's seminar was notably headlined by a panel of the Houston Office Managing Partners of the Big 4 Accounting firms, who are for the first time all women.
February 8
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The Internal Revenue Service has issued the maximum vehicle values for 2016 that taxpayers need to determine the value of personal use of employer-provided vehicles.
February 8 -
I have always loved accounting and tax season, but I have worked with many people who did not.
February 8
