Inventory is one of the biggest assets on a manufacturer’s balance sheet. It’s also one of the hardest assets to measure and track.

The European Parliament set up a special committee to investigate tax deals for international companies across the European Union (EU). Tax ruling practices in place as far back as January 1, 1991, could be subject to scrutiny.

The EPA sent an EnviroFlash on March 17, 2015 stating that any party that exported renewable fuel in 2014 must file an RFS0303 (Annual Compliance Report) by next Tuesday, March 31, 2015. The Annual Compliance Report to be filed by this deadline can be either a partial report or a complete report, depending on the party's circumstances.

Generally, you’ll need to file a gift tax return for 2014 if, during the tax year, you made gifts within certain parameters.

Finding the right acquisition target isn’t easy. Buyers should perform both a qualitative assessment of a target’s strategic “fit” with its own organization and a quantitative analysis involving relevant financial ratios.

What is a presale audit and why you should perform one.

On December 26, 2014, nonprofit organizations working on government contracts received revised guidance from the Office of Management and Budget (OMB) related to costs incurred when completing federal contracts.

If your business has made repairs to tangible property, such as buildings, machinery, equipment and vehicles, you may be eligible for a deduction on your 2014 income tax return. But you must make sure they were truly “repairs,” and not actually “improvements.”

Internal audit planning is built from the annual risk assessment and related risk response plan and incorporates the objectives of the internal audit function charter.

If you don’t meet IRS substantiation requirements, your charitable deductions could be denied.