these picks from the Facebook page Funny Doggo deliver the laughs and the awws. From laugh-out-loud moments to “awww”-worthy snapshots, these dog memes are perfect for a much-needed serotonin ...

Rev. Proc. 2015–13 notes that if an item does not permanently change overall income or expense but does or could change the specific tax year(s) in which the item is taken into account, then it ...

The accounting rules that you follow when reporting financial results are often different from the rules you follow when preparing income taxes for your business. As a result, the amount of tax ...

Corporate tax regime is all about on-time reporting – internal systems need to catch up Using legacy accounting systems to keep with the new tax requirements will only add to the risks.

Income tax accounting is complex, and mistakes can be expensive. This information is general in nature -- and cannot replace advice from a licensed professional.

It is getting a little difficult to talk about a post-tax filing season after April 15, 2025. With the use of tax extensions and the number of disaster-relief related extensions, many tax return ...

The American Institute of CPAs is asking accountants to reach out to their congressional representatives and protest the proposed elimination of the ability of pass-through entities such as accounting ...

Accountants are concerned about Inland Revenue (IR) plans to make some societies and associations' membership fees subject to tax. IR has released a draft operational statement looking into the way ...

The hackers then changed the bank account details linked to the account and filed a bogus tax return for a large refund. When his accountant tried to file Mark’s genuine tax return, the ...

In the tangled jungle of tax law, few things reveal the awkward dance between accounting rules and tax principles quite like deferred interest. It might sound like finance-speak, but it’s just ...