If you go on a business trip within the United States and tack on some vacation days, you can deduct some of your expenses. But exactly what can you write off?

The new-and-improved revenue recognition rules go live in 2018 for calendar-year public companies. But many organizations have taken a wait-and-see approach, patiently holding out until the AICPA’s Financial Reporting Executive Committee (FinREC) works through industry-specific concerns.

There may still be some confusion in the market related to the language that is required on product transfer documents (PTDs) under the RFS regulations.

As a result of Louisiana’s 2016 Second Extraordinary Legislative Session, the Governor signed the following new income and franchise tax laws to address the state’s budgetary needs: 

In May, the Department of Labor issued new final overtime rules that update the thresholds for classifying workers as nonexempt and highly compensated.

Giving away assets during your life will help reduce the size of your taxable estate, which is beneficial if you have a large estate that could be subject to estate taxes.

In the wake of Enron and other scandals involving off-balance-sheet items, variable interest entities (VIEs) have earned a bad reputation as a tool that may be used by unscrupulous owners and managers to manipulate financial results and mislead investors.

For anyone who takes a spin at roulette, cries out “Bingo!” or engages in other wagering activities, it’s important to be familiar with the applicable tax rules. Otherwise, you could be putting yourself at risk for interest or penalties — or missing out on tax-saving opportunities.

If your company provides an employee benefit plan and it has 100 or more participants, you’re generally required to have the plan’s annual report (Form 5500) audited under the Employee Retirement Income Security Act of 1974 (ERISA).

Under the Tier 3 sulfur regulations, the Environmental Protection Agency (EPA) is requiring all oxygenate blenders to register both the oxygenates added at downstream locations and the locations themselves.