IRS May Deny Accounting Period Shifts Over Transition Tax

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IRS May Deny Accounting Period Shifts Over Transition Tax

Law360 (February 13, 2018, 1:56 PM EST) — The Internal Revenue Service on Tuesday announced that it would prevent companies from changing the accounting periods of foreign affiliates if doing so could allow them to skirt a tax on the overseas earnings they bring back to the U.S. under the recently
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Trump to Discuss Potential Metal Tariffs, Trade With Lawmakers

Republican lawmakers cautioned President Donald Trump in a White House meeting against levying tariffs on steel and aluminum imports, warning that it would raise prices of the metals and potentially cost the U.S. jobs in other industries including car manufacturing. “Part of the options would be tariffs,”
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Asian shares lifted by Wall Street rally, China leads gains

KEEPING SCORE: Japan's Nikkei 225 jumped 1.0 percent to 21,595.81 and South Korea's Kospi rose 1.5 percent to 2,420.05. Hong Kong's Hang Seng index surged 2.2 percent to 30,108.75 and the Shanghai Composite Index advanced 1.8 percent to 3,212.01 …
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Bitcoin Halts Longest Rally Since December After 24% Increase

Bitcoin is snapping its longest rally since December and retreating before a trendline set from its record high that month. The largest digital currency dropped 3.4 percent to $8,533 as of 10:51 a.m. in New York, according to prices compiled by Bloomberg. Bitcoin had increased 24 percent over its five
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Bookkeeping classes at Ridgefield Continuing Education

Basic Bookkeeping/Accounting is a Ridgefield Continuing Education class that is ideal before taking an accounting course. No accounting knowledge is required. The course covers double-entry bookkeeping/accounting and basics like accounts receivable, payables, journal entries, expenses, revenues
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