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A whistleblowers $6.8 million in awards must be taxed as ordinary income, a U.S. Tax Court judge ruled, rejecting arguments that the money should be recognized as capital gains and subject to a lower rate.
February 25 -
How many times have you heard someone say, Mind your own business? For accountants, especially in these economic times, that just may be sage advice.
February 25 -
Grant Thornton has released a set of tax season tips for both individuals and businesses.
February 25 -
Just over half of businesses are unprepared to deal with security breaches to notebooks, tablets and smartphones used under Bring Your Own Device policies, according to a new survey.
February 25 -
A post-implementation review of the Financial Accounting Standards Boards fair value measurement standard by FASBs parent organization found the standard generally met its objectives, even though some investors have difficulty understanding fair value information provided in the financial statements, and their level of satisfaction with the information varies.
February 25 -
About 52 percent of Americans intend to spend their annual tax refund on necessary expenses such as loans, credit cards and other household expenses, while another 30 percent plan to put the money into savings and only 8 percent plan to invest the tax refund money, according to a new survey.
February 25 -
Prabhakar Kalavacherla has rejoined KPMG LLP as a partner in the audit quality and professional practice group in the firms San Francisco office.
February 25 -
The Sustainability Accounting Standards Board has issued provisional standards for seven industries in the financial services sector.
February 25 -
Irvine, Calif.-based accounting firm White Nelson Diehl Evans hosted an inaugural Cowboy Friday in January, with 33 WNDE staff members dressing in Western attire.
February 25
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Sage North America has launched Sage One Invoicing, a new cloud solution for small businesses and entrepreneurs.
February 25