Equity accounting is a method of reporting a company's profits from the operations of an affiliated company that it has an interest in but does not own outright.

The 2026 tax season kicked off this past Monday when the IRS officially started accepting 2025 tax returns. If you're an early bird, you may have already filed your tax return and are now wondering ...

Thanks to SECURE 2.0, people with disabilities acquired before age 46 can potentially take advantage of the savings account vehicles and their deposits of up to $20,000 and tax-free withdrawals.

In a major development, the Income Tax Department has seized the bank account of Lucknow's Lulu Mall. According to the sources, Lulu Mall in Lucknow had outstanding tax dues of Rs 27 crore, which were ...

Realty Income offers the highest yield at 5.62% and pays dividends monthly instead of quarterly. AbbVie raised its dividend 5.5% to $6.92 annually with revenue up 9.1% to $15.8B. Procter & Gamble ...

Closing the income summary account is a crucial step in the accounting cycle, marking the end of an accounting period and preparing the books for the next. This process ensures that temporary accounts ...

The IRS announced Roth individual retirement account contribution and income limits for 2026. For 2026, investors can save a maximum of $7,500 in Roth IRAs, up from $7,000 in 2025. The IRS also ...

The President Tinubu-led administration has introduced a new personal income tax calculator to help workers and business owners easily determine how much tax they should pay. In this explainer, we ...

The Trump administration has been accused of quoting a white supremacist who was backed by a Neo-Nazi group, as part of its social media campaign to recruit immigration enforcement agents. "This ...

Boston mayoral candidate Josh Kraft earned $6.3 million in 2024, and nearly $6.5 million in 2023, according to a summary released by his campaign Friday. The disclosure comes after days of pressure to ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. The federal Weatherization Assistance Program is the oldest and largest energy ...