It may look like the IRS caps loss deductions at $3,000, but that ceiling is not the whole story for tax-savvy investors. Julian Block shows how a clever Victoria's Secret model took full advantage of the IRC.
The menu for Oct. 14 features specials on Tesco suspends three more workers amid accounting probe, Swiss banker faces feds in tax evasion trial, new survey finds that aggregate goodwill impairment at lowest level since 2008, and more.
In the tax world, you usually can't take things back. But the tax law provides an exception for retirement-savers who convert funds from a traditional IRA into a Roth IRA this year. That's right: the IRS is letting you correct a mistake.
The menu for Oct. 10 features specials on AICPA wants IRS to make changes to tangible property regs, CAQ survey finds investor confidence pretty high right now, inverted company buys US firm, and more.
According to a new Q4 jobs outlook by staffing firm Brilliant, 28 percent of businesses are planning to increase hiring of accountants and other finance professionals in the next 12 months; temp hiring is expected to go up by 16 percent.
The menu for Oct. 9 features specials on two tax officials express doubt about FATCA, healthcare tax credit shrinking for some small tax-exempt employers, Hillary Clinton dodges issue of medical-device tax, and more.
A new survey from CPA firm Acuitas Inc. found that the percentage of fair value measurement audit deficiencies attributed to business combinations were on the rise in 2012, while those related to financial instruments declined.