The Tribunal held that while arbitrary disallowances are not sustainable, inadequate substantiation justifies estimation. Disallowances were restricted to 50% to balance fairness and ...

The Tribunal ruled that routine replacement of plant and machinery parts does not create a new asset or enduring benefit. Such expenses were held to be revenue in nature and fully ...

Anytime politicians in Washington claim they’re protecting Main Street with new legislation, South Dakotans should look twice. The latest proposal — dubbed the “Main Street Depositor Protection Act” — ...

Approaching retirement? You'll get more out of your Social Security benefits in some states than others. Find out how far Social Security goes in your state.

Learn about the hidden expenses draining your business and how to spot, fix and prevent them before they compound.

Trump accounts will be available next year and could be worth thousands – or even $1 million – estimates show.

LASIK can be covered under your flexible spending account (FSA) if your doctor deems it medically necessary. Learn about eligibility and planning tips.

Explore the key differences between successful-efforts and full-cost accounting methods for oil and gas companies, including their impact on expenses and financial transparency.

More than 200 Arkansans have voiced opposition to a proposed ban on spending state Educational Freedom Account money on team ...

Filing taxes can be a project for business owners. Here are some products that help you start prepping for the 2026 tax ...

In IRA expert Ed Slott’s recent monthly newsletter, Ryan McKeown, CPA, CFP, a senior vice president and financial adviser ...