IRS auditing only half of giant corporations

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IRS auditing only half of giant corporations

The Internal Revenue Service audited only about half of the companies it defines as “corporate giants” last fiscal year, compared to nearly all of them back in 2010. The IRS considers there to be 616 corporate giants, that is, companies with $20 billion or more in assets. A new report from Syracuse
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Wynn Is Selling $150 Million of Warhol, Picasso Works

Embattled casino mogul Steve Wynn is selling several works by Andy Warhol and Pablo Picasso estimated at more than $150 million, according to people familiar with the matter. Picasso's 1943 self-portrait “Le Marin”. Source: Christie's. The billionaire former chief executive officer of Wynn Resorts Ltd.,
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Don't Blame Amazon for the Retail Apocalypse

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. For example, former Macy's Inc. Chief Executive Officer Terry Lundgren called the situation “ridiculous,” noting that the U.S. has 7.3 square feet of retail space per capita, versus 1.7 square feet per
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Global Accounting Software Market Is Expected to Grow at a High CAGR Bases on Software …

Houston, TX — (SBWIRE) — 04/09/2018 — Accounting software portrays a kind of use software that records and procedures accounting exchanges inside practical modules, for example, creditor liabilities, debt claims, general record, finance, and trial adjust. It works as an accounting data framework.
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US Deficit to Surpass $1 Trillion Two Years Ahead of Estimates

The U.S. budget deficit will surpass $1 trillion by 2020, two years sooner than previously estimated, as tax cuts and spending increases signed by President Donald Trump do little to boost long-term economic growth, according to the Congressional Budget Office. Spending will exceed revenue by $804
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