In accounting, contingencies are events that take place in the current accounting period, but are not resolved until later. This requires small business owner to estimate the outcome of these events ...

Companies enter agreements with the best of intentions. However, for myriad reasons one or both parties may breach the contract. Breach occurs when one or both parties do not honor the terms of the ...

The Treasury Department and the Internal Revenue Service have proposed amendments to Circular 230, which governs practice before the IRS. The amendments are the most extensive since 2014 and cover ...