Learn what every business owner needs to know about financial accounting, accounting software and financial statements.

The Internal Revenue Service said Monday, Jan. 26 would be the opening day of the 2026 tax-filing season for individual ...

You've spent hours preparing your month-end journals, diligently calculating accruals, provisions, and reclassifications. You ...

The IRS has officially announced that the 2026 tax season will begin on Jan. 27, 2026, but experts warn that not everyone ...

Discover how amortization and impairment affect intangible assets such as patents and goodwill, and understand their impact on a company's balance sheet.

Tax1099 encourages filers to begin preparing now to reduce rejections and risk of penalties that can occur due to last-minute filings. Filing early gives businesses time to catch and fix errors, ...

The International Accounting Standards Board (IASB) issued IFRS 18: Presentation and Disclosure in Financial Statements in April 2024, marking the most ...

For the first time in a long time, the chancellor’s March statement isn’t forecast to be a tax-raising event for the UK’s ...

Record second-quarter sales of $1.91 billion, an increase of 3.5% compared to the prior-year record. Second-quarter net ...

The first part of this article series addressed the applicable standards for licensed tax practitioners as they related to ...

Katherine Haan, MBA, is a Senior Staff Writer for Forbes Advisor and a former financial advisor turned international bestselling author and business coach. For more than a decade, she’s helped small ...

Learn how the Income Tax Department handles high cash deposits, what notices to expect, and step-by-step strategies to respond with proper accounting and documentation to avoid reassessment ...