March 2019 - Journal of Accountancy

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.

Finance has a pivotal role to play in facilitating a successful acquisition or merger — and in performing the challenging accounting associated with a business combination.

The elimination of the effective date for FASB’s private company GAAP alternatives means it’s never too late to take advantage of these accounting simplifications. Each alternative may offer substantial relief and cost savings for private companies as they perform their accounting.

Meaningful and easy-to-understand financial projections can bridge the communication gap between investors and entrepreneurs.

The law known as the Tax Cuts and Jobs Act affects many aspects of these so-called fiduciary returns.