A taxpayer could not deduct purported business expenses associated with writing and research activities held to be not engaged in for profit under Sec. 183.

Unauthorized distributions to a corporation’s shareholders did not terminate an entity’s S status since the shareholders did not authorize or create a second class of stock in the entity’s governing ...

Learn how students in the UK can gain real-world accounting acumen with the addition of the cloud-based accounting software, Zoho Books, in their ...

A book-keeper convicted of stealing more than $700,000 from a client maintained her innocence at a sentencing hearing ...

Ever wondered which accounting app can truly streamline your small business finances? Insights from a managing director and a ...

"My clients aren’t interested in business growth services – they never ask for them.” How often have we heard that! But is it ...

Accounting software lowers the likelihood of making manual errors and automates some key processes so you don't have to think ...

By viewing time as a valuable asset — much like the financial assets you manage for clients — you can make better choices ...

The Securities and Exchange Commission (SEC) recently announced that United Parcel Service Inc. (UPS) has agreed to pay a $45 million penalty ...

Super Micro Computer shares have gone on a blistering rally the last two weeks, nearly doubling from 52-week lows. See why ...

Sky News host Caleb Bond reveals Labor is “cooking the books” to appeal to voters and make the budget spending numbers “look ...

In the kingdom of Accounting, there was a wise sage known as IND AS 37. His role was to bring fairness and clarity to uncertain situations, especially when businesses didn’t know how much they might ...