Anyone who has run a business of any size understands how confusing and, at times, complex the tax code can seem. So deferred tax assets (DTAs) can be challenging. However, understanding them is ...
If you’re investing for retirement, where you put your money matters. Retirement accounts offer tax incentives to help you save money on your tax bill and grow your investment accounts. But while ...
Taxes become deferred when a company's financial accounting methods are different than the acceptable tax accounting methods. This creates a discrepancy between the general ledger and the amounts ...
As the nation’s biggest telephone company, Verizon Communications Inc. has wrestled with growing competition from cable operators, a slowdown in its conventional land-line business, costly network ...
Learn the critical rules for 1031 exchanges when swapping farmland, dealing with family members or converting property to ...
"Deferred tax assets" may be the next accounting procedure to hurt banks' bottom lines — and force them to raise capital. When banks are operating in the black, deferred tax assets accrued in the past ...
As the year winds down, retirees must also plan for one of the most essential tax deadlines: required minimum distributions (RMDs). Retirees are required to withdraw a minimum amount from certain ...
WILLIAM REICHENSTEIN: A key principle that could help many taxpayers extend the life of their financial portfolio is that funds in tax-deferred accounts like a 401(k) are pretax funds that will ...