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In spite of the growth and popularity of limited liability companies taxed as partnerships, S corporations remain a very popular option for doing business. Internal Revenue Service records show that S corporations remain the most popular way for a business to file tax returns.
July 19 -
Railing at Accounting Today for engaging in "politics" in an editorial critical of some tax and economic policies of the Obama administration (June 7-20, 2010, page 9), Harry Bose engages in some politics of his own in attempting to make his case. His response is more amusing than informative.
July 19 -
The current financial environment has placed increased pressure on both accountants and their clients, which in turn can lead to increased risk of liability.
July 19 -
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I admit that sometimes I live in a fantasy world. I actually think that I'm getting a buzz from lite beer. I sometimes believe that John Edward can really talk to the dead. Or that John Edwards' marriage isn't dead. Or is it the other way around?
July 19 -
Recently, we came across this observation by H.L. Mencken, a noted cynic from the 1920s: "There is always an easy solution to every human problem - neat, plausible and wrong."
July 19 -
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One set of accounting standards for the whole world. This is a great idea!
July 19