TOKYO (Reuters) – Asian shares sank on Friday, with Chinese equities on track for their worst day in two years, as fears of higher U.S.
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The bipartisan budget deal signed into law Friday by President Trump contains 36 tax extenders that had expired at the end of 2016 and makes them retroactive to 2017. The deal includes many tax breaks for industries such as motorsports, horse racing, renewable energy, rum, and movie, TV and
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This week, the Kansas City Business Journal ranks the area's top accounting firms by firms with the most local CPAs. The accompanying gallery shows the top five on The List. For the full List, subscribers can take a look at the weekly print edition of the Kansas City Business Journal. The List also
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A Dhaka court sentenced former Bangladesh prime minister Khaleda Zia to five years in prison for embezzling around $250,000 in foreign aid, sparking fears of violence. Zia's chief lawyer, Khandker Mahbub Hossain, said the verdict was “designed to keep her out of the next election — we will take it to
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At issue is the “net operating loss,” an accounting term that means basically what it sounds like: When you net out your expenses against the money you took in, it turns out that you lost a bunch of money. However, in tax law, this has a special meaning, because these NOLs can be offset against money
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