Assets are resources on a company's balance sheet that provide a future economic benefit. Examples of assets are cash, inventory, buildings, equipment and accounts receivable, according to Accounting ...

If your business has fixed assets, generally accepted accounting principles, or GAAP, can serve as a guide to properly account for these long-term tangible assets on your accounting records. Specific ...

The Biden’s Administration 2024 Revenue Proposal includes US taxpayer reporting requirements for foreign digital asset accounts. The proposal would be effective for returns required to be filed after ...

In the area of fixed assets and the resultant depreciation there are some major differences between the GAAP rules codified in ASC Topic 360 and the IFRS rules in IAS 16. In GAAP there is only one way ...

For small businesses, preventing asset misappropriation is crucial to protect against risks that could lead to significant financial loss.

You've run the numbers and determined whether your spending rate is on track (or, if you're already retired, whether your spending rate is in the right ballpark). You've consulted reliable sources and ...

Assets might sound like a fancy word, and they may seem like something only rich people have. But the truth is almost everyone has a few assets to their name. Let’s take a look at what assets are, ...

On August 26, the U.S. Court of Appeals for the First Circuit held in Vander Luitgaren v. Sun Life Ass. Co. of Canada, No. 13–2090, 2014 WL 4197947 (1st Cir. Aug. 26, 2014), that an insurer, acting as ...

Since withdrawals from their Roth IRAs are off the table for now, the couple must choose how much to take from the remaining accounts. They decide to withdraw 60% from their 401 (k)s ($24,000) and 40% ...

In collaboration with Coinbase Asset Management, iTrustCapital combines extensive experience in operating a tax-efficient ...

Note: This article is part of Morningstar's Guide to Saving for Retirement. An earlier version of this article appeared on Jan. 28, 2016. You've run the numbers to assess whether your current ...