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On September 12, 2019, FASB revised its balance sheet debt classification in a Proposed Accounting Standards Update, which adopted an “overarching,

For some taxpayers, the time may come when the IRS audits their income tax return. There are two solutions taxpayers can take. One is to challenge

As stated in IRS Restructuring and Reform Act of 1998, P.L. 105-206 Sec. 6751(b)(1), taxpayers can dissolve penalties by submitting an “initial

Overview FASB Accounting Standards Codification (ASC) Subtopic 740-10 No. 48 provides accounting and disclosure guidance on the recognition of

Cybercrimes occur often, and the risks are damaging to a company’s reputation, development, and client and investor relations. C-level leaders and

Information returns are crucial for taxpayers. If they fail to report and pay the correct amount of tax on time, there are various potential and

According to the Bluebook of The Joint Committee on Taxation, a business meal expense is considered entertainment and not deductible. However,

Are you considered an independent contractor or an employee? Many factors differentiate your placement. The IRS states that a worker can be

Electric vehicle charging points are great to see popping up in all corners of the globe, but when it comes to future autonomous vehicles, they're