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A $4.4 Billion Accounting Error Burns Investors in China
(Yahoo Finance) - One of China’s largest listed drugmakers said it overstated cash holdings by $4.4 billion.
R&D Tax Credit -- Still The One For Small And Medium Business Owners
(Forbes) - Over time, Congress began to realize an imbalance of companies who were taking advantage of the credit. Primarily it was the country’s corporate giants – more specifically large-scale manufacturers – who were utilizing the government incentive.
How to Win a New York Sales Tax Audit, Despite Poor Recordkeeping
(CPA Journal) - The rules are complex, and it often comes down to the records, which are usually voluminous. A sales tax audit is typically a paper audit; the taxpayer must provide adequate documentation...
Fed Keeps Interest Rates Steady, Citing Muted Inflation
(Fox Business) - Federal Reserve officials unanimously voted to leave interest rates unchanged during their two-day meeting this week, with policymakers continuing to signal that they will be patient
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