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Companies make choices and assumptions in calculating depreciation, and you need to know how these affect the bottom line.
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FAS 142 is an accounting rule that changes the way companies treat goodwill. Be aware of the impact it has on reported earnings to avoid making bad investment decisions.
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As with most matters related to generally accepted accounting principles (GAAP), accountants assigned with the task of applying GAAP to inventory reserves often use a significant amount of personal ...
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Find out the types of back-to-school purchases that are exempt from sales tax for each state that is holding a tax holiday.
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The American Taxpayer Relief Act brings about new tax rules for the wealthy that people such as Warren Buffett have been calling for over the last few years.
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We are looking at what could be the official year of the Federal Budget, or, more specifically, our debt and how we will manage it for many years to come.
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With more than 33% of American families falling close to the poverty line despite their adult members holding full-time employment, a rising number of citizens are being forced to pay a rate ...
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Depending on which estimate you believe, Obama's proposed budget would raise the tax bill of a household with a yearly income of $50,000 to $75,000 between $63 and $100 per year. However, that’s ...
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When a government tightens its belt in tough economic times the entire nation feels the squeeze.
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With approximately 12 million Americans out of a job right now, many people are spending significant dollars to be noticed by potential employers. Fortunately, some of these job-search costs ...
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