accountant Government income tax Pharmaceutical 
Withum
DECEMBER 23, 2023
More recently, tax writers were meeting on a regular basis and the news reported on a rough outline of a plan, but that came to nothing. So now Congressional leaders have departed for winter recess and will return to a full plate of financing the government when they return. So what can we expect in the New Year?
Cherry Bekaert
JULY 20, 2023
The Financial Accounting Standards Board (FASB) has issued only two new Accounting Standard Updates (ASUs) and the Government Accounting Standards Board (GASB) has not issued any new GASB Statements in 2023. Standard setters have been relatively inactive this year.
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Withum
JUNE 1, 2022
Unfortunately, a deteriorated supply chain and increased inflation most likely will increase the tax bill for businesses that use the LIFO method of accounting. Utilizing LIFO when costs are rising due to inflation is generally advantageous for income tax purposes because sales prices are offset by higher inflated purchase costs.
Going Concern
JULY 14, 2023
Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. The Office Ernst & Young out of Triad market after closing Winston-Salem office [ Triad Business Journal ] The Triad now has offices for only two of the Big Four global accounting firms.
CPA Practice
AUGUST 23, 2023
He has blamed the failures on high interest rates and environmental, social and corporate governance investing, known as ESG. Mike Pence, former vice president Mike Pence Social Security Pence has described Social Security and Medicare as causes of “runaway government spending.” Trump tax cuts Haley supports the 2017 tax cuts.
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