Preparing for new lease accounting rules will require a significant investment of time and resources, but it will also give business leaders an opportunity to study their leases and make positive changes. This article examines the differences between the rules created by the Financial Accounting Standards Board and the International Accounting Standards Board.
Economic conditions, regulatory issues and cyberthreats claimed the top spots in the ranking of the top 10 risks for 2017, according to a recent survey by Protiviti and North Carolina State University. Respondents perceived each of the top 10 risks as having a larger impact as compared with a year ago.
One plan circulating in the House would revamp the US system to tax companies based on domestic cash flow rather than income. The plan could have a significant effect on companies that rely on imports, particularly if the value of the dollar does not rise as much as economists expect.
The IRS has released final and temporary regulations meant to prevent so-called earnings stripping by reclassifying certain kinds of debt as equity. The rules, which are part of a larger push to curb corporate inversions, include exceptions meant to limit their effect on regular business activities, according to the IRS.
A federal district court has rejected a bid to block Equal Employment Opportunity Commission rules that let companies offer incentives to encourage participation in wellness programs. AARP had asked the court to prevent the rules from taking effect pending its legal challenge.
The vast majority of Americans report not feeling engaged on the job. Fortunately, if you know what to look for, you can find job satisfaction.
Some 18 million people could lose health insurance in the first year after a partial repeal of the Affordable Care Act, and the number could grow to 32 million by 2026, according to a Congressional Budget Office report. However, Sen. Orrin Hatch, R-Utah, said the analysis represented "a one-sided hypothetical scenario" that did not account for reforms lawmakers could implement.
Some companies with overseas operations are considering moving production to the US as President-elect Donald Trump focuses on the issue and lawmakers consider a corporate tax overhaul.
In response to concerns about foreign-initiated adjustments in EU state-aid cases, the Internal Revenue Service issued guidance prohibiting corporations from taking foreign tax credits for taxes without repatriating the earnings to the US.
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