Ask the Accountant: How will the new tax law and revenue recognition affect my business?

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Ask the Accountant: How will the new tax law and revenue recognition affect my business?

Accounting and tax updates often leave more questions than answers. Technical language and nuanced provisions complicate what you want to know most — what's changing and how it affects your business. CBIZ & MHM Memphis's Ask the Accountant series provides you with the answers and the
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Appeals court rules consumer bureau's structure is constitutional

Language in the Dodd-Frank Act that gives the Consumer Financial Protection Bureau's (CFPB) independence from Congress is constitutional, the U.S.
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Microsoft 2Q18: Trump tax hit turns strong quarter into $6.3B loss

Microsoft has posted the results of the second quarter of its 2018 financial year, running up until December 31, 2017. Revenue was $28.9 billion, up 12 percent year-on-year, and operating income was $8.7 billion, a 10-percent increase.
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Facebook's usage decline should have investors worried — no matter what Mark Zuckerberg says

mark zuckerberg Facebook CEO Mark Zuckerberg gave investors reason to worry on Wednesday. Win McNamee/Getty Images. In its fourth-quarter earnings report Wednesday, Facebook reported a 5% drop in daily usage of its service.
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Lenovo Posts Surprise Loss as Mobile Unit Struggles Continue

… ended December. That compares with the projection of a $124.5 million profit, according to the average of analysts' estimates compiled by Bloomberg. … I don't know what Lenovo stands for from a phone perspective,” said Anand Srinivasan, an analyst at Bloomberg Intelligence. “I would characterize
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