AICPA wants IRS guidance on meals and entertainment deduction

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AICPA wants IRS guidance on meals and entertainment deduction

“Taxpayers require clarification in order to account for the changes in deductibility of these items and revise their accounting systems and expense and reimbursement policies and to comply with them on their 2018 tax returns and financial statements,” wrote AICPA Tax Executive Committee chair
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AMP Capital Investors Ltd Has $28.63 Million Holdings in Express Scripts Holding (ESRX)

Express Scripts logo AMP Capital Investors Ltd boosted its holdings in shares of Express Scripts Holding (NASDAQ:ESRX) by 11.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange …
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Still Mr. 97 Percent, Egypt's El-Sisi Defeats Token Opponent

Pedestrians walk under election banners in support of Abdel-Fattah El-Sisi in Cairo on March 31. Photographer: Sima Diab/Bloomberg. Abdel-Fattah El-Sisi cruised to a second term as Egypt's president, scooping up more than 97 percent of valid votes in an election where the only other candidate was a
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Tesla Woes Dent Musk's Fortune and Chances on $2.6 Billion Grant

He's lost about $1.9 billion this year, according to the Bloomberg Billionaires Index. However, neither Tesla nor Musk are bankrupt yet. The CEO remains one of the world's richest individuals with his $18.1 billion fortune, and has a full decade to achieve the goals that would trigger vesting of his options.
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Trump Pushing for Preliminary Nafta Deal by Mid-April, Sources Say

The Trump administration is pushing for a preliminary Nafta deal to announce at a summit in Peru next week, and will host cabinet ministers in Washington to try to achieve a breakthrough, according to three people familiar with the talks. The White House wants leaders from Canada and Mexico to join in
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