Top Tax Strategies for the End of the Year (Accounting Today) - By taking appropriate measures, it is possible to maximize the benefits and minimize the burdens under the new law. The issues arenât the same as last year, when no one knew what the tax landscape would be...
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The New Guidance for Goodwill Impairment (CPA Journal) - Accounting Standards Codification (ASC) Topic 350, IntangiblesâGoodwill and Other, defines goodwill as âan asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.â