Article by Aswath Damodaran | Featured on Forbes.com | Featured Image Credit: pio3 / Shutterstock.com I saw the newest Star Wars movie recently and it brought back memories that stretch back almost four decades. Watching Harrison Ford and Carrie Fisher on the screen reminded me of my age, though, once I learned how much Ford made for being in this […]
Article By Sally P. Schreiber, J.D. | Featured on CGMA Magazine In a further move to reduce the tax benefits of, and therefore the incentives for, corporate inversions, the U.S. tax agency, the Internal Revenue Service (IRS), on Thursday announced additional rules designed to curtail the ability of an inverted company to access foreign subsidiaries’ […]
BY RICHARD COWAN AND SUSAN CORNWELL | Featured on Reuters Congressional negotiators on Tuesday wrapped up a sprawling deal to keep the U.S. government operating through next September, while setting new policies ranging from repealing a 40-year-old ban on oil exports to making many business tax breaks permanent, according to Republican lawmakers. House of Representatives Speaker […]
By Isler Northwest LLC December 30, 2015 On December 18, the Protecting Americans from Tax Hikes Act of 2015 (the PATH Act) was signed by President Obama and became law. As is often the case at the end of the year, Congress had to pass legislation to extend popular tax breaks for the 2015 tax […]
Article by Samantha White | Featured on CGMA In today’s digital economy, intangibles are more important than ever to the success of a business. New CGMA research found that the top nine drivers of value in the digital age are intangibles, such as customer satisfaction and brand reputation. The survey of 744 finance executives in […]
Story by Tom Sietsema | Photos by Melina Mara | Article Featured on The Washington Post To be a great food city, it helps to have a large body of water nearby, a classic dish or three, and a population with a fondness for drink. Those are among my impressions after spending more than 60 days on the […]
Article by Timothy Gardner | Featured on Reuters The United States appears on the brink of ending a four-decade ban on most exports of crude oil, which would end a years-long fight brought about by a boom in domestic shale output that contributed to a supply glut and depressed prices. The measure is part of […]
Article by By Annette Nellen, Esq., CPA, CGMA | Featured on The Tax Adviser Every year a few taxpayers go to court hoping for a better outcome than the one offered by the IRS. Usually, they lose due to poor records, not meeting all requirements for particular deductions, or inadequately separating business from personal expenditures. […]
Article by Ken Tysiac | Featured on Journal of Accountancy FASB is proposing new accounting standards designed to improve the effectiveness of disclosure requirements on fair value measurements by enabling preparers to omit immaterial information. The board is seeking comments by Feb. 29 on Proposed Accounting Standards Update, Fair Value Measurement (Topic 820): Disclosure Framework—Changes […]
Article by Vicki Needham | Featured on The Hill | Mark Van Scyoc / Shutterstock.com The Export-Import Bank is alive. Renewal of the 81-year-old institution’s charter was included in a five-year, $305 billion federal transportation measure that passed the Senate late Thursday on an 83-16 vote, only one day ahead of the expiration of the latest […]