The White House Office of Management and Budget’s Cost Accounting Standards Board published a final rule and a proposed rule ...

While taxable income and adjusted gross income (AGI) might sound similar, they refer to different stages of your income after ...

U.S. taxpayers face big tax risks when making a loan to a foreign corporation. If IRS reclassifies as equity CFC and PFIC ...

Investors liked that the company's financial reporting will be more aligned with that of most publicly traded companies in the U.S. It has adopted the GAAP accounting standard. 10 stocks we like ...

The change is from International Financial Reporting Standards (IFRS) frequently used by companies overseas, to the generally accepted accounting principles (GAAP) heavily favored in the U.S. This ...

Investors liked that the company's financial reporting will be more aligned with that of most publicly traded companies in the U.S. It has adopted the GAAP accounting standard. Although the company's ...