said Gail Rosen, a CPA and shareholder at Wilkin & Guttenplan, in Martinsville, N.J. “We must be thinking about 2018 taxes for clients as we prepare their 2017 returns.” “Much busier, much sooner,” said Laurie Ziegler, an Enrolled Agent at Sass Accounting, in Saukville, Wis. “Maybe that's in reaction to
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That's in contrast to the consensus of analysts surveyed by Bloomberg, which predicts the euro will climb to $1.26 by the end of 2018, from about $1.23 on Tuesday in New York. Being bearish the dollar is the second-most-crowded trade across financial markets, after long bets on certain technology
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Home office deduction rules don't apply to C corporations that rent a portion of a shareholder's residence — but the rental arrangement must be bona fide for the corporation to deduct the rents, as demonstrated in a recent Tax Court case. The case, Christopher C.L. Ng MD, Inc. APC v. Commissioner, T.C.
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President Donald Trump proposed seeking the death penalty for some drug dealers, complimented a Clinton Foundation program that provides free overdose drugs to schools, and pledged to boost research for non-addictive painkillers as he outlined his plan to combat the opioid-abuse epidemic.
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While the frequency of SEC comments on companies' disclosure of non-GAAP measures has subsided, it remains important for audit committees to ensure their companies' disclosures comply with applicable non-GAAP disclosure rules. To assist in this regard, the Center for Audit Quality has released a
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