Learn how the new "no tax on tips" deduction can reduce your federal taxable income by up to $25,000 if you earn tips at work ...

A recent case, Senty v. United States, provides several important lessons for tax return preparers . Mr. Senty was involved in several businesses, ...

Discover how cookie jar reserves impact financial statements, with practical examples like Dell's case, and understand the risks and regulatory concerns associated with them.

Discover what discretionary cash flow is, its uses in business valuation, and how it reflects a company’s financial health through wise management and investment.

Two top House Democrats said they were “examining all legal options” after the No. 2 Justice Department official said the department would release only a portion of the Jeffrey Epstein files Friday ...

The president suggested earlier in the day that he would withhold food stamp payments despite a court order mandating the administration pay partial benefits. By Tony Romm Reporting from Washington ...

The Trump administration will provide partial food stamp benefits this month as the government shutdown approaches a record length, officials told a federal judge Monday. The administration indicated ...

The government said it would send the aid after a court ruled last week that it must preserve the program known as SNAP during the shutdown. By Tony Romm Reporting from Washington The Trump ...

The Trump administration said Monday that it will provide only half of the normal food stamp benefits for November by tapping into the program’s contingency fund amid the government shutdown. But ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

You don’t need to be a CPA to understand your company’s financial health. You just need to know where to look. That starts with the income statement—also known as the profit and loss (P&L) ...

A spectacular partial solar eclipse will be visible across a swathe of the southern hemisphere this week. When you purchase through links on our site, we may earn an affiliate commission. Here’s how ...