A review team recently concluded that accounting guidance for governments on capital asset impairments and insurance recoveries does provide pertinent information to financial statement users but does not resolve all issues underlying its purpose.
The menu for August 25 features specials on the specter of Ronald Reagan’s tax cuts is haunting Republicans, a tax-avoidance strategy not as scrutinized as inversions, now’s the time to open a charitable-gift fund, and more.
The highway use tax applies to highway motor vehicles with a taxable gross weight of 55,000 pounds or more, which generally includes trucks, truck tractors, and buses. The Labor Day holiday pushed the due date for Form 2290 back two days.
During a speech at the National Society of Accountants' Annual Meeting on Thursday, the head of the IRS said wait times for phone service will increase through the rest of the year because of a lack of staff due to the agency's budget being slashed.
Launched earlier this week, the examination initiative will enable the SEC Office of Compliance Inspections and Examinations to evaluate whether municipal advisors are complying with new agency rules that went into effect on July 1.
The menu for August 20 features specials on Hertz withdraws full-year forecast due to accounting errors and operational challenges, botched forecast cost Walgreen CFO his job, Alaska oil tax repeal ballot measure losing, and more.
For these financial pros, it's not about black and red: it's all about being green, as they apply their skills in the far-flung corners of the world to help the environment and the economy work together.