Employees are typically reimbursed for business expenses that are ordinary and necessary. Generally, ordinary expenses are considered as common in a line of business where…
The “Protecting Americans from Tax Hikes (PATH) Act of 2015” has impacted businesses across the country – including oil and gas companies and investors. While…
For fiscal periods beginning after December 15, 2018, businesses will have to start reporting leases differently on their balance sheets. That’s because the Financial…
On April 26, 2017, the Trump administration presented an outline of the president’s proposed broad goals of tax reform and his ideas on how those…