Disciplines & Topics
Readings: Accounting & Taxation
The House and Senate have both passed bills making sweeping changes to the U.S. tax code. But nothing is final until the versions are reconciled and signed by the president. Exactly what are the big differences that need to be worked out?
This article provides some very interesting data on the shifting pattern of stock ownership in America. Against the norms, it is becoming an "old person's" game. In an attempt to explain why, one finger is pointed at 401(k) and IRA retirement plans. Every tax student needs to understand these tax-incentivized savings plans.
What does the new tax plan have to do with healthcare? Perhaps more than any other item, actually. The plan does away with the so-called individual mandate for insurance, saving hundreds of millions.
India recently implemented a Goods and Services Tax (GST). This system is touted as one that is fairer, but its implementation is off to a rocky start in India as the economy hits the skids.
From 1776 to today, this article provides an excellent history of taxation in America, showing why today's furor about revisions to the U.S. tax code may be regarded as nothing new. The data on taxes in relation to overall production, within the United States and elsewhere, also reveal that not much has changed in the last several decades, despite numerous tweaks to the code.
Tesla has become the poster child for electric vehicles (EVs) of the future, and virtually all auto manufacturers are racing to get into the game. However, the secret of clean energy cars is that the real driver is the market for tax credits. Those credits are slated to expire rather quickly, and no one knows if the result will be a big crash.
How important are those mundane concepts related to earnings per share, price/earnings ratios, and dividend yield? Wall Street is terribly fixated on this stalwart's earnings and cash flows and is paranoid that dividends will not be able to be sustained. For investors in the stock, these key ratios are anything but mundane.
Are you looking for a quick synopsis of proposed tax changes? Look no further! Here, on one simple page, is a summary of what's in the works.
Please don't pass the SALT! SALT is the popular acronym for State and Local Tax. Currently, the average American is entitled to a deduction for much of the amount paid in the form of state and local taxes. But current tax proposals suggest lessening the burden on corporate entities by eliminating the SALT deduction, leaving many Americans less than enthused.
It is increasingly likely that the U.S. Tax Code is going to be amended in an effort to repatriate foreign income. Anyone familiar with international tax readily grasps the meaning of the term "repatriation," but for most, it is just technical jargon. What is meant by the term "repatriation" and what are the economic implications?
Equipped with a few facts and a calculator, anyone with an ounce of common sense would participate in tax-deferred savings plans. Yet, many people are not participating. Now, some states are applying their own forms of incentives to kick-start retirement savings.
Now that Toys "R" Us Inc. is in bankruptcy, how will it report soon-to-be restructured debt in financial reports? And how will creditors and their auditors decide what value to put on their claims against the company? This example provides an excellent backdrop for accounting students to review and understand the critical accounting rules for troubled debt and its potential restructuring.
Long ago Congress passed reforms indicating that permanent tax cuts need to be budget neutral relative to the deficit. That's making it very difficult to develop a strategy that aligns with the promised reduction in corporate taxes.
Will artificial intelligence (AI) transform the future state of business and accounting? Likely. One accounting student is among an army of people working in their spare time to make this a reality.
Accounting has weathered repeated assertions that computers would eventually displace accountants, yet accounting jobs remain unfilled at all levels. Some thought leaders are again suggesting that a new technology, blockchain, may finally diminish the need for accountants.
The United States has long complained about foreign tax havens, where American citizens sometimes hid cash and income presumably away from the scrutiny of U.S. officials. That practice has been significantly curtailed by aggressive laws and enforcement. Meanwhile, Puerto Rico, despite being bankrupt, is quietly emerging as a new tax haven (due to loopholes), this time for foreigners.
Companies like Chevron, Citgo, Phillips, and others are facing the prospect of supply disruption for the Venezuelan crude oil that feeds their refineries along the Gulf Coast. How significant is the risk, and what should accounting reports disclose about the pending risk?
Pension promises among the largest corporations have mounted over the years, and now companies are increasingly seeking strategies to escape the financial liability. Persistently low interest rates are burdening companies from both a financial and accounting perspective.
So-called "gains" of more than 50 percent in home prices in major western-state markets may make your mouth water for a share of the action. However, the charts provide an interesting frame of reference for teaching accounting concepts that differentiate between concepts of financial capital and physical capital.
Orvis is launching its newest fly-fishing rod, the H3. This beauty will sell for $850, and avid anglers are expected to be lining up to buy them. So what does this have to do with accounting? It provides the perfect case to discuss the U.S. and global approaches to accounting for research and development (R&D) costs, and to consider the huge implications on reported income measures.
Advances in big data at Zillow and elsewhere are helping automation creep into knowledge-based professions.
Bad debts expense, also known as uncollectible accounts expense, is skyrocketing. The reason? The ease with which consumers can now dispute credit card charges using “one touch” technology. This poses new measure risk challenges for the accounting department.
India is about to become the next major world economy to adopt a simplified goods and services tax (GST), the equivalent of a sales tax. This promises to usher in business simplification, efficiency, and economic growth. The success (or failure) of this tax may eventually point the way to a whole new way of taxation for the U.S. economy.
Blockchain technology, the kind of encryption that supposedly creates a secure transaction record, offers the potential to revolutionize business. It already forms the backbone of Bitcoin and other digital currencies that are emerging to great fanfare. This article provides essential insights into this developmen, but what are some of the accounting implications?
An accounting spreadsheet, and a rat, helped bring down a decades-old Brazilian construction giant. It seems that the company's fraudulent activity was so vast that it took complex spreadsheets to track it all. Then an errant email about a rat in a grill led to a Hotmail account that contained the elicit files!
Tax accountant Daniel Schlicksup could make $600 million from Caterpillar after calling out the company on the way it structures some of its business activity to minimize income tax liability. The company is defending against the allegations.
U.S. taxpayers must pay taxes on foreign earnings. For years, tax cheaters declined to comply and hid the money in foreign bank accounts. After a near decades-long amnesty program to allow cheaters to come into compliance, they are now beginning to flex their muscles, using big data to track down the offenders.
Mergers between Chinese industrial companies and U.S. video game and app makers are hot right now. What's behind these seemingly bizarre transactions and the economics that drive them?
The financial analysis is easy. The answer is always the same. Maximize every cent of tax-deferred savings that is available to you under the tax code. Yet, many people pass on this rather simple and readily available tax strategy.
Transversality is a rather fancy term from mathematics, referring the intersection of spaces. Now, the term is now coming into to vogue in the debate about tax reform. The basic premise is that debt relative to size of the economy cannot grow to infinity. Some argue that the combined effects of tax cuts and spending increases are set to do just that.
Against traditional levels, the current price-to-earnings ratios are high, which has many market pundits worried about a pullback. But interest rates are low, about as low as has ever been observed for a sustained period of time. This article provides a cautionary opinion about market valuations, yet they go higher for now. Use the article to discuss the impact of low rates on earnings, discounted cash flows, and the accounting measurements that drive these valuation metrics.
Eliminate the controversial Affordable Care Act and save billions, right? Well, maybe not. The reason is that the ACA also imposed significant special taxes, especially hard hitting to higher income taxpayers. Repealing the ACA will also repeal the related taxes, and perhaps not help to solve the Federal deficit that is so concerning.
Following the fall 2016 election rhetoric, federal income tax code revisions once again are being studied. The reality is that changing the complex maze of tax laws is very hard, especially when Congress must also keep an eye on the ever-escalating federal budget. This article provides excellent coverage of the varying views on the prospects for meaningful reform.
Although the Republicans control the House, Senate, and White House, the path forward to meaningful tax reform is becoming less clear. This is especially true in light of the health care reform political debacle. Now, there is discussion about a "10 year" tax cut. This strange result is, well, just strange.
Higher, lower, then higher? What will be the trend in tax rates, given the current political climate for a tax cut, but the longer term outlook for growing deficits? Answers to these questions will have a significant impact on tax planning.
How can the tax code be used for policy management, not just revenue production?
The big battle over a border adjusted tax has begun. In one corner are the manufacturers, and in the other corner are the retailers. Their after-tax income are table stakes, but many claim typical shoppers would be the ones getting the real bruises. This article could not have been better written to explain the proposed BAT and its potential impact.
The details of the Dodd-Frank Act generally stipulate that banks maintain significant equity in relation to assets. This regulation is the center of a long-swirling controversy, and leading Congressional members as well as the President have promised repeal. In the meantime, the Dodd-Frank Act provides a perfect example of how accounting and accounting-based ratios bear on practice and is a great tool for opening a classroom discussion of these topics.
Top leadership at the SEC of course depends on who runs the White House. Leadership transitions are usually accompanied by a new president, and this period is no different. Well, maybe just a bit different. The current Acting SEC head is not just an actor but is moving aggressively to roll back regulations that could lessen the work for audit firms.
Much maligned, and rightly so, Dodd-Frank has imposed lender regulations that have tied up business lending and greatly elevated the cost of doing business for borrowers and lenders alike. The regulatory reality is regarded by many to be worse than the perceived evils that it purports to address.
Michael Jackson died in 2009, and the executor of his estate valued his name and likeness at $2,105. The IRS is protesting, claiming the correct number should have been north of $1 billion. Now scheduled for trial, the government is asking the U.S. Tax Court to award more than $700 million in back taxes and penalties.
Ccorporate tax rates look to be headed for a plunge, but the government is seeking a clever way to generate revenues for itself, with the growing enthusiasm for a border tax on imported goods. Since the United States is a huge net importer, the added collections could way more than offset the drop in tax collections unless unintended consequences creep in.
Accountants and auditors are charged with establishing and monitoring internal controls, but even the best systems pose risks of rogue human behavior. As a result, auditors are additionally alert to personal behavior attributes and have traditionally defaulted to assessments based around the fraud triangle of pressure/risk/opportunity. Now, big data, or perhaps "big brother," is using far more sophisticated methods to monitor behavior.
MyPillow, the pillow made popular by a TV pitch man, has become an overnight sensation. (Pardon the pun, and perhaps the next pitch line?) This article chronicles how huge sales were initially not met with equal profitability, because of a lack of an accurate cost accounting system, and provides a great case study in the importance of cost measurement and control.
Tax preferences for gifts to universities may soon face new challenges that could curtail the willingness of donors to support their favorite school. But, there is a silver lining for students. The current thinking is that gifts to support student scholarships may be carved out as an exception to the proposed rules.
Venezuela is experiencing inflation rates in excess of 200 percent. While economists may ask why and wonder about the solution, the problem is also daunting for accountants. This kind of inflation rate invokes special rules on accounting for subsidiaries which have financial statements denominated in the country's Bolivar.
The title of this Bloomberg Businessweek article, "Trump's Tax Bill for Global Warming,"(December 13-18, 2016) maybe has you thinking it is about some revision to the tax code, but it is not. It points to the growing business risk associated with rising sea levels, the looming remedial costs, and raises important accounting questions for all businesses.
After years of gridlock, corporate tax reform now appears virtually certain. It suddenly seems that everyone agrees the U.S. corporate tax rates and policies have been placing American business at a disadvantage.
If your parents are among the many whose net worth is more $3 million or so but less than about $10 million, the election results are epic. The simple reason: Clinton wanted to impose onerous estate taxes. In contrast, Trump is proposing to eliminate the estate tax.
With a quarter billion cash in the bank, how could a startup like Karhoo suddenly declare bankruptcy and shut its doors? Maybe creditors and employees asked all the right questions but never saw any financial statements.
The markets are acting like the election is foretelling an economy that may be in for a period of growth and expansion. And that is bad thing for bond investors, but why?
Does the election result foretell a new order in government, and could it spell trouble for the public accounting profession that has made a fortune on tax, advisory, and audit services? Accounting students should now pay close attention.
Modern technology is starting to counter the risk of counterfeiting with sophisticated plastic bills. This presents a new frontier of challenges to the auditor.
The bread and butter for large certified public accounting firms is audit work. But, they also generate a lot of business via tax consulting. Should they be auditing their own tax work?
GST, or goods and services taxes, are being implemented world-wide as a replacement to traditional income taxes. India's new tax joins the chorus of countries making the big switch. But what does it mean to aspiring tax students?
Companies increasingly find that employees are not taking all of their paid vacation time, resulting in a budding liability on the corporate books. Now, a startup company has a novel idea that may be a win-win solution, enabling employees to trade time off for vacation travel packages. This novel idea could result in cost savings, improved balance sheets, and a little rest and relaxation for employees.
Insurers are getting rebates from pharmaceutical companies, and those rebates might be unfair to patients who are not directly benefited. Beneath the surface, however, are important accounting issues for both insurers and pharmaceutical companies.
How do you measure growth in retail when prices are falling? This article provides a thought-provoking discussion piece that looks at how traditional financial statement analysis may come up short when relying on recent accounting data.
Oil has turned down, and billions of dollars worth of offshore drilling rigs have been idled. While engineers debate the best way to store them, behind the scenes accountants are scouring generally accepted accounting principles to determine when and how much of the cost of these idle assets can remain on the balance sheet as an asset.
You may have heard of a 401(k). That is actually a reference to a section within the Internal Revenue Code. This article refers to 401(k) and suggests that it partially explains why many older people continue to work.
Global warming, possibly caused by aggressive burning of hydrocarbons, is front and center in the minds of all. Exxon is being targeted as a villain who contributed mightily to the issue. What are the resulting risks, and how should they be disclosed in financial statements?
Many a mom-and-pop operator of a McDonald's franchise became millionaires by virtue of their investments and efforts running a store or two. Now, those stores are becoming ever more expensive to build and maintain, and the moms and pops are being acquired by bigger and bigger companies with slick operations and deep pockets. This trend provides an excellent touch-point to discuss the accounting principles applicable to franchisees and franchisors.
Get ready for Blockchain, which is likely to become as ubiquitous as the Internet. Blockchain is encrypted cloud-based data that captures everything about all transactions. It may ultimately displace many accountants, but how will an auditor audit such data?
Industry-specific accounting rules sometimes differ from run-of-the-mill generally accepted accounting principles (GAAP), and that is especially true for public utilities. The sometimes mystic rate-making process that is often dependent on special accounting methods.
EY, one of the global Big 4 accounting firms, now employs a staff of nearly a quarter million. How do they manage to hire and retain so many? Maybe the key is not worry about retention?
Lending by Sotheby’s tripled to $682 million in four years. Malaysian financier Jho Low was awarded a loan from the auction house and is currently being investigated for money laundering.
Bermuda, Ireland, the Caymans, and a few other small spits of land have prospered by offering very low tax rates. The result is an influx of corporate homes and a flood of money that creates a guaranteed pathway to prosperity. Now that the UK has vowed to leave the European Union, some are postulating that the Brits may be about to embark on a round of sharp corporate tax cuts. Will it work?
Interest rates have plunged, resulting in rising bond prices never seen before. This situation provides a real-world illustration of the textbook case on how bond prices and interest rates are inversely related.
The number of people taking the CFA exam is skyrocketing, but many question the value proposition. Is it right for you?
A recent study shows how personality traits, especially congeniality, do contribute to success in accounting, but perhaps in an unexpected way.
In the cloak-and-dagger secrecy of offshore taxation strategies, one popular technique has been unmasked and is about to feel the effects of a Tax Code revision.
Big data is the rage, and companies are gobbling up one another to acquire supporting technology. What are the accounting implications?
Discounted cash flow and present value considerations are hallmark topics in every business curriculum, but how do related considerations apply in a negative interest rate environment?
Long popular under the Federal Income Tax, significantly progressive income tax rates are now finding their way into state tax codes. (Note: This article is only available in the hard copy of the magazine; there is no online version.)
The book "Makers and Takers: The Rise of Finance and Fall of American Business" adds up the ill effects of Wall Street’s zero-sum game. It's a timely read for current business students.
Higher income also translates to higher rates of saving for retirement. This result probably seems rather intuitive, but the numbers show a staggering gap!
Triple-A rated is the gold standard representing the highest quality, and therefore safest, debt rating. Once the aspirant rating for corporate borrowers, the list of holders has dramatically shrunk, and no one seems to much care.
Yahoo is for sale, and the price tag is looking to be less than the sum of the parts! To everyone's frustration, this may not look like the typical textbook illustration of acquisition accounting.
Employee or independent contractor? This article highlights not only information about significant legal and tax differences in the classification of labor, but also provides valuable insights on emerging trends brought about by technological innovation.
Changing technology and business models are contributing to lost revenue for the Internal Revenue Service. The burgeoning tax strategies and off-shoring efforts of businesses in the so-called sharing economy are costing the U.S. government billions.
Valuation plays an ever increasing role in the practice of accounting. However, valuation, like beauty, is often in the eye of the beholder. In Silicon Valley, behold the wild swings and different views of what some of the hot tech plays are worth.
Chesapeake Energy’s cofounder and CEO was a visionary who had trouble following the rules. While attention may currently be focused on Aubrey McClendon's recent indictment for bid-rigging, it may eventually swing to a closer inspection of the accounting books of the company he founded.
Story book growth story, Valeant, hits an SEC roadblock over potential accounting problems.
When Oceanografia went under, investors blamed Citigroup for keeping it afloat with cash advances. Now the investors are suing Citigroup, maintaining that it colluded in the fraud that surfaced at Oceanografia.
Google somehow pays an effective tax rate of about 7 percent on its non-U.S. income. How does it (and other internet companies) keep this rate so low?
Convertible contingent bonds (CoCos) have been a good investment up until recently. Unfortunately, problems Deutsche Bank is having with its CoCos have contributed to a large recent drop in their share price.
Under Armour has been good at picking sports figures for endorsement deals. This has helped the company's bottom line and sales growth. How has Under Armour done it?
How has the United States become a prime tax shelter destination?
How is Uber’s income affected by the company's continued trend of lowering fare prices every January for the last three years?
Why would Saudi Arabia consider an IPO at this time of historically low oil prices? Saudi Arabia is considering a new strategic ally in its cold war against Iran: The world’s 330 million owners of publicly traded stock.
A lawsuit could result in Spotify having big liabilities from unpaid royalties. How much are these potential liabilities? And how is Spotify dealing with them?
Chipotle has had huge problems recently dealing with food safety issues. What steps are they taking to deal with these problems?
The Big Short, a new movie with an A-list cast, tries to explain some of the financial crisis’s complicated transactions. But have any of the problems leading to the financial crisis really been fixed?
Kansas and other states are taking advantage of a funding mechanism that allows for an increase in state health provider taxes and state Medicaid spending, all essentially paid for by the federal government.
Nikesh Arora is putting SoftBank on a path to invest billions in startups over the next few years. He has also shown his confidence in this plan by investing hundreds of millions of dollars of his own money in SoftBank.
Many technology companies stay private in order to avoid having to make the periodic disclosures that a public company does. This doesn’t always work out when a large investor is a mutual fund. Why not?
Under Chief Executive Officer, Arnold Donald, Carnival’s share price is up 53 percent. Carnival's net income is up 15 percent. How has he done it?
By giving much of his estate away before death, John Walton avoided billions in estate taxes and left more for his heirs to inherit. How did he manage to do it?
Wavestorm surfboards, which launched in 2007 and are sold for $99.99 exclusively through Costco, are now the leading surfboard brand, selling five times more than the closest competitor.
As people live longer, fewer of them have employer-sponsored retirement plans to help support them in their old age. Only 8 percent of eligible taxpayers contribute to an IRA or Roth IRA.
Apple reigns supreme in terms of profit share in the smartphone industry. However, if the worldwide market shifts to lower-priced models, as expected, it is uncertain whether the firm's high profit margins can be sustained.
Sometimes the children and grandchildren of the superwealthy aren’t so good at maintaining the wealth they inherit. Professionals now advise the superwealthy on how to increase the odds that their descendants wisely use their inheritances.
Uber currently finds itself in a fight with its drivers over how they're classified: either as independent contractors or employees. The outcome could have important implications for many so-called sharing-economy companies.
James Doty, the current chairman of the Public Company Accounting Oversight Board, makes more than $670,000 a year. He would like another term, but he has some stiff competition.
Activist investors say that spinning off or selling properties can boost a company’s stock price and reward investors who would otherwise miss a chance to benefit from record real estate values.
In the past three years, donors have pumped millions into the Tax Foundation, a think tank whose analyses tend to be kinder to Republican proposals than those used by the Tax Policy Center, which doesn’t assume tax cuts can boost growth. Will the organization have an effect on the 2016 election?
FarmLink, based in Kansas City, Missouri, seeks to help farmers rent out their equipment. The company has created a platform to help farmers rent out their unused equipment to growers who may be hundreds of miles away to take advantage of the differences in peak harvest seasons.
Warren Buffett and 3G Capital have made one big promise: They’ll cut $1.5 billion in annual costs from Kraft Heinz before 2018. The company will lose employees, whole levels of management, and maybe a few brands, too. Will it be a boon to investors?
Royal Dutch Shell geologists believe that a prospect called Burger J. Company in Alaska holds up to 15 billion barrels of oil. As a result, Shell is heavily investing in its Arctic initiative, on which it's spending more than $1 billion a year—and more than $7 billion so far. Is it worth the risk?
Salesforce.com's revenue has grown from $4.1 billion to $5.4 billion in Keith Block’s first two years with the firm, and estimates are that the company’s share of the market for customer relationship management software has risen from 14 percent to 18 percent. How has Block managed this change?
Google has brought in Ruth Porat, an almost 30-year veteran of Wall Street, as its CFO. Under her stewardship, expenses are leveling off and Google's stock price is on the rise.
Wall Street analysts are gloomy about corporate performance in the second quarter, predicting that profits fell 6.5 percent. Yet if companies weren’t buying so much of their own stock, the drop could be much higher. Buyback announcements so far in 2015 are on pace to reach an annual record of $993 billion.
HSBC Holdings Plc, fined for providing banking to money launderers and sanctions-dodgers, promised U.S. officials it would clean up its act. Unfortunately, some HSBC executives mounted a campaign of bullying, foot-dragging, and discrediting against internal auditors.
How has Jefferies been able to increase its underwriting of buyout loans by so much in the last few years?
Two Los Angeles suburbs have approved big-ticket stadium projects in the hope of luring an NFL team.
The SEC is paralyzed by politics and poor leadership, according to staffers.
What effect do natural wines have on sales of wine producers?
How has McDonald’s decided to respond to a decline in share price?
How has George Soros used the tax laws to help amass his huge fortune?
How has Amazon been able to increase revenue in cloud computing while others have lagged in the area?
How Buffalo Wild Wings turned the sports bar into a $1.5 billion juggernaut.
Does a new Financial Stability Board rule inadvertently punish more stable banks?
Negative interest rates offer an advantage for individual investors.
How would the revenue of SiriusXM be affected if the company was to lose Howard Stern?
The $37 billion pizza industry wants Congress to roll back regulations designed to get Americans to eat fewer slices.
What can be done to solve the problem of the coming Highway Trust Fund insolvency?
What kind of liability are major banks facing for being the conduit for money used in terrorist activities?
What are some of the strangest loopholes in the U.S. tax code?
How is Expedia dealing with the lawsuits concerning payment of state and local room taxes, and how big of a problem is it for them?
How is Whole Foods planning to maintain its profitability in the face of increasing competition?
How are investors responding to the reduction in oil prices?
Why are Delta and other airlines making billions in profits yet paying no income taxes?
What are the differences in executive retirement compensation and regular employee retirement compensation in the United States?
New facilities are supposed to prevent delivery disappointments.
What are tax inversions and how did they originate?
How did OW Bunker manage to go bankrupt so soon after going public?
What is the trend of debt in the economy?
What is the potential for making a profitable, popular, healthier hamburger with alternative ingredients?
Holiday return rates are three times the usual, costing sellers billions of dollars.
Bargain-hungry shoppers can't stop clipping.
What will falling oil prices do to the profitability of shale oil producers?
What is the effect of falling oil prices on the profitability of the oil and gas industry?
Cheaper smartphones eat away at the South Korean company's lead.
How are 401(k)s meeting the needs of today’s workers?
An Israeli startup is courting Wall Street clients with a service that aggregates patient conversations about drugs.
How is Renault doing with its low-price Dacia car brand?
Buybacks and takeovers have more than offset IPOs, reducing the supply of stock by $900 billion in the past four years.
What regulatory environment do foreign corporations face in China, and how might this affect their future profitability?
What plans does Netflix have for expansion in Europe?
How have tax incentives and labor costs affected the location of new manufacturing plants in the South?
Hollywood is suffering from overcrowding during its key season.
What are AIG’s plans after the bailout, and why are they emphasizing profits over market share?
What challenges face craft brewers in the South?
A trend has developed in which young companies are waiting longer before they go public.
With the Highway Trust Fund going broke, how should the crumbling U.S. transportation infrastructure be paid for?
How are former U.S. corporations that reincorporated overseas to avoid taxes still winning U.S. government contracts?
What effect does the controversy over GMO seeds have on Monsanto?
What impact does the lack of prosecution of anyone involved in the financial crisis have on the perception of equality under the law?
GM didn't just ignore whistle-blowers, it shut them up.
How are professional athletes taxed by the cities they play in, and is this system fair?
What is the current state of the market for cruise lines in Asia, and how will it change in the future?
Abercrombie is hoping to bring back teens who’ve left the mall and are shopping with their smartphones.
Does the penalty for early withdrawal from 401(k) plans keep taxpayers from withdrawing their savings?
How has Lenovo been able to increase profit with other corporations’ castoffs?
What is the extent of Medicare fraud in the United States, and is anything being proposed to fix this problem?
How does Stihl help small hardware stores stay in business?
What are the states doing to crack down on offshore tax havens?
Is a global wealth tax a realistic eventuality?
Is gambling revenue a dependable source of income for state governments?
How much of their profits have U.S. multinational corporations parked overseas, and is anything being proposed to fix this problem?
How has Pandora’s slowing sales growth affected its stock price? And will it be able to control royalty expenses?
How do 401(k) plans vary from company to company, and how close do they come to providing what employees will need for retirement?
How are tax-prep firms helping customers sign up for Obamacare?
The investment industry has said for the past thirty years that 401(k)s are a big improvement over pensions, giving employees more investment choice, more control over retirement planning, and more portability amid the frequent job changes of the modern workforce. How's that working out?
In two years, Nissan has gone from having the highest to lowest profit margins of any Japanese automaker.
Will the users of natural gas in the Northeast be charged a tax to pay for incentives to build pipelines more quickly?
Should the mortgage-interest deduction for yachts be repealed, and how much in tax revenue will it save if it is?
How likely is it that the “promise zones” President Obama is proposing will make a difference to communities within them?
Will legalization of marijuana provide abundant profits and investment opportunities?
Is the wind energy tax credit a victim of its own success?
The amount of corruption associated with the record $51 billion spent on the Sochi Olympic Games has been unprecedented. Where is this corruption occurring, and will the games be affected?
Lennar industries was severely, although temporarily, damaged by unsubstantiated allegations in 2009. How did this happen to a company whose previous financial statements were clean?
GM's first female CEO is taking over at a time when the company is in better shape than it has been in years.
Why has GE’s stock dropped a third during Jeffrey Immelt’s tenure as CEO?
What is the outlook for Wal-Mart now that Doug McMillon has taken over?
What is the outlook for the debt of emerging-markets corporations?
The shares of photovoltaic panel producers have had a tremendous run this year. Why have they increased so much?
Netflix shares have had a tremendous run this year. Are growing earnings fueling their rise in price?
The major banks are finally being forced to pay for some of their actions during and before the financial crisis. What are the effects on the banks going to be in the months ahead?
Can Service Corporation International continue to grow in the business of funeral homes and cemeteries?
Can corporations fight back against law firms that bring fraudulent suits against them?
Can a bank owned largely by a union be profitable and also have private equity shareholders?
How did Eike Batista go from being a billionaire to being near bankruptcy?
Large SUVs would seem to be an insignificant part of the car market, but this segment actually accounts for a good chunk of gross profit for GM and Chevrolet. Why is this, and will it continue?
How did Despicable Me 2 earn $840 million, and what effect has that had on Universal?
What has Dick Fuld done since the Lehman bankruptcy? Was the Lehman Brothers bankruptcy necessary?
How has Danone reacted to the competition from Chobani in the Greek yogurt market? Is the company's reaction effective?
RadioShack, with sales down 32 percent since 1996, is cutting the number of products in its stores by a quarter.
Why are fewer corporations making use of stock splits?
In which direction is the U.S. automobile leasing market going?
Will Barnes & Noble remain in the e-reader market?
Will Fox Sports 1 be able to compete with ESPN, and how will each of them likely charge per cable subscriber?
Why have the net income results at Sears underperformed, and does it have anything to do with the management of Eddie Lampert?
What sort of company is Fab.com, and why do they seem to be losing executives?
Why has the Swiss Parliament voted not to allow Swiss banks to cooperate with the IRS?
Why is Paranapanema, Brazil’s largest refined copper producer, switching its domestic shipments to slow-moving freighters from swifter trucks?
Can Dunkin’ Donuts compete with Starbucks by remodeling their stores? Are other restaurants such as Wendy’s going to follow suit?
What is the secret to Costco’s success? And how does it compare to other retailers when it comes to accounting metrics?
How are revenues and profit margins for theme parks holding up in these weak economic times?
Is the federal budget deficit shrinking too quickly or not quickly enough?
How has Jamie Dimon managed to keep control of JPMorgan, and should he maintain control in light of the problems the company has recently endured?
How has Netflix rebounded from the massive subscriber losses it suffered eighteen months ago? What do they plan to do in the future?
Nearly three years after Congress ordered public companies to reveal their CEO-to-worker pay ratios, the numbers still aren’t public.
Steve Wynn might lose control of Wynn Resorts. What effect might this have on the corporation?
Why did Loews decide to explain the corporation through the use of a comic book? What have critics thought about the results?
How does Dave Camp, the chairman of the House Ways and Means Committee, plan to change the tax system?
An army cadet’s startup has been nurtured by the growing number of organizations that support college entrepreneurs.
An army cadet’s startup has been nurtured by the growing number of organizations that support college entrepreneurs.
How does America's tax system stack up against the rest of the world? The facts might surprise you.
Why have some customers been switching from Walmart to their competitors to shop? Has Walmart cut costs too far?
Why has Google’s stock been outperforming Apple in the last year?
How can you profit from future climate change? Where is the “smart money” investing in this area?
Alan Simpson and Erskine Bowles, as part of the National Commission on Fiscal Responsibility and Reform, came up with a bipartisan plan to reduce the U.S. deficit. Is it dead?
Are American banks making proper disclosures with respect to derivatives and mortgage securities?
Will Obamacare make you more reliant on your tax adviser? How might tax advisers be impacted when Obamacare is finally fully implemented?
Could your business be the target of a hacker attack?
Virginia’s Governor Bob McDonnell would like to do away with the gas tax and raise the sales tax instead to fund fixing his states' broken roads.
Japan is currently trying to devalue its currency. Is this appropriate for Japan, and what might other countries do in response?
Which countries are now the most popular tax havens?
How will the fiscal cliff deal and the Affordable Care Act affect individuals’ taxes this year?
Judging from the wide variation in forecasts of Apple’s stock price, estimating the future stock price for Apple has become more difficult of late. Why is Apple going through this phase, and what might it mean for investments in the company?
Kenneth Rogoff has found that debt levels of 90-100% of GDP for a country will slow the country’s future GDP growth. Does he think the United States is going the way of Greece or Japan?
Analysts thought the foreclosure slowdown two years ago would be followed by a rush of foreclosures, driving down prices for years into the future. So why didn't that happen?
Somehow Autonomy’s market value has declined by 85 percent in the short time Hewlett-Packard has owned it. How did this happen, and why is this problem more common in software companies?
Super-rich foreigners in Switzerland can pay an effective income tax rate of as low as 1 percent. How do they get by with this, and how does this go over with the Swiss?
Is it possible to significantly reduce the budget deficit by cutting loopholes?
U.S. taxpayers currently pay $2.4 trillion per year in taxes. Tax revenue consists of 46 percent individual income taxes, 35percent payroll taxes, 10 percent corporate income taxes, and 9 percent from estate, gift, excise, and other taxes.