Businesses must account for their costs and earnings each year when it comes tax time. This is usually a straightforward process, but it can be a bit more complicated if your business is one that ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Companies enter agreements with the best of intentions. However, for myriad reasons one or both parties may breach the contract. Breach occurs when one or both parties do not honor the terms of the ...

Q: My agency's standard corporate-account contract is six pages long, and its length has been a deterrent to closing a sale to corporate accounts. They have to run it by their lawyers, who are always ...

FASB proposed three Accounting Standards Updates (ASUs) on Thursday aimed at simplifying accounting for employee benefit plans. Another proposal is designed to clarify whether certain electricity ...

The Financial Accounting Standards Board has issued an accounting standards update on derivatives and hedging related to electricity contracts. FASB noted that Topic 815 in its accounting standards ...