Specialized accounting search

18+ hour, 7+ min ago   (327+ words) The Internal Revenue Service and the Treasury Department plan to propose regulations on a provision of the One Big Beautiful Bill Act restricting certain energy-related tax credits when so-called "prohibited foreign entities" have provided any material assistance. In Notice 2026-15, the…...

18+ hour, 42+ min ago   (206+ words) Small business owners are losing the equivalent of 33 working days a year due to financial stress, according to a report released Thursday by small business accounting software maker Xero. "Ongoing financial stress has become a persistent and defining factor in…...

1+ day, 1+ hour ago   (1244+ words) After nearly a century of trying, Washington state Democrats could finally pass an income tax " a move that would hit 30,000 or so top earners. A proposed 9.9% tax on incomes over $1 million has a good chance of winning approval in the…...

1+ day, 1+ hour ago   (289+ words) ICON Plc shares plunged in premarket trading after the health care services contractor said it may have overstated some of its past revenue and pulled its guidance for the year. U.S.-listed ICON said preliminary findings of a probe initiated last…...

1+ day, 6+ hour ago   (461+ words) Depreciation is often seen as one of the most attractive tools in tax planning. By allowing the gradual deduction of the cost of business assets, it creates an immediate sense of tax savings. In the short term, the effect is…...

1+ day, 19+ hour ago   (657+ words) Gold and other precious metals, traditionally a hedge against stock volatility, have been swinging drastically in value lately " but the taxes on those investments can be even more jarring to investors. Despite the tax complexity and recent market jitters, precious…...

2+ day, 17+ hour ago   (439+ words) The draft rules, currently open for public feedback, are aligned with the forthcoming Income Tax Act, 2025, which is scheduled to take effect next year. A major proposal relates to cash deposits and withdrawals. Under the draft norms, PAN will be…...

2+ day, 18+ hour ago   (259+ words) Buoyed by the Supreme Court's ruling denying tax treaty benefits to US investment firm Tiger Global, India's tax authorities have, over the past two weeks, issued notices to at least seven overseas venture capital and private equity firms. The Income…...

2+ day, 22+ hour ago   (351+ words) The Internal Revenue Service has now closed nearly all outstanding claims for the employee retention credit after it was hit by billions of dollars in improper claims, aside from about 41,000 claims still under exam or appeal, according to a new…...

2+ day, 22+ hour ago   (305+ words) The International Auditing and Assurance Standards Board has decided to pursue non-authoritative guidance for now addressing some of the practical difficulties of applying its current standards to uses of emerging technology, like artificial intelligence." More practically, stakeholders are concerned about…...