Accounting

Accounting Articles

Most taxpayers get an image of a medieval torturer cracking a whip on some poor, innocent person in their heads when they think about the IRS or taxes in general. Hating the IRS may be as American as...
The IMF’s new Fiscal Monitor says “The United States will require significant deficit cuts in 2012 and 2013 to meet their commitments over the next few years. A downpayment in the form of...
If you are like the rest of who are upset about some ‘minor market issues’ like Bernie Madoff, Raj, Octopussy, and the dozens of other extreme violations of securities laws, then you are probably...
Time for “The Daily Dividend”… Did Meredith Whitney scare you out of buying or owning a municipal bond when she warned of dozens of impending municipal bond issuer failures?  She definitely...
The burden of property taxes occurs several ways. The first is their cost. Others are relative–what someone pays in relationship to theoretical value of  their homes. Another is the percent a...
Tax authorities find it hard to ferret out how rich people hide their money. The IRS says it has increased its audit of millionaires. The Greeks say that they have begun a program to catch the rich...
It is time for “The Daily Dividend.”  By now it is well-known that Bank of America Corporation (NYSE: BAC) failed to win Federal Reserve approval to raise its dividend or repurchase stock. ...
Universal Travel Group (NYSE: UTA) is seeing some interesting trading today on news that it is delaying its earnings report.  The company calls itself “a leading travel services provider in China,...
Japan and Michigan have little in common except that they are among the largest regions that manufacture cars. Recently, they have begun to share one other thing. Each has become an example of...
The 2011 Oscar telecast will go down as one of the worst in the history of the Academy of Motion Picture Arts and Sciences.   At least that is what many Internet critics argued.  Hollywood can no...
Ireland’s new leadership does not believe that either companies that operate within its borders or its citizens should carry the entire cost of pulling the nation out of debt. That supposes that...
The world of reverse mergers from questionable Chinese companies is about to come under even more scrutiny.  China MediaExpress Holdings, Inc. (NASDAQ: CCME) has been halted for news pending for a...
Berkshire Hathaway Inc. (NYSE: BRK-B) has released its 2010 annual report.  While there are plenty of Buffett-isms in there for some mild financial entertainment, there are some clues that investors...
Regions Financial Corporation (NYSE: RF) is one of the many widely held companies which filed its annual report under form 10-K with the SEC.  Investors rarely look through these annual reports due...
Intuit Inc. (NASDAQ: INTU) is supposed to be the winner from the migration toward online tax return filings and the trend away from having actual people preparing tax returns.  What if that turns...