USA econovical news

What to Know About Your Investment Tax Forms

Investors can expect to get 1099 and 5498 tax forms, and they may come with a couple surprises.

New Accounting Rules From FASB Deal With Mergers

The Financial Accounting Standards Board (FASB) on February 14, 2019, issued a proposed Accounting Standards Update (ASU) on the recognition and measurement of deferred revenue in business combinations.

Average 2019 Tax Refunds Down Nearly 17 Percent

As tax season continues, the IRS is still reporting smaller refunds.

FASB Seeks To Ease Transition To New Credit Losses Standard

On February 6, 2019, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) that would ease transition to the credit losses standard by providing the option to measure certain types of assets at fair value. Stakeholders are asked to review and provide comments on the proposal by March 8, 2019.

6 Small Business Tax Deductions

Don't overlook these common small business tax breaks.

Two Paths on Taxes

While Elizabeth Warren is proposing a tax hike for the wealthiest Americans, Kamala Harris wants a tax cut for some of the poorest.

Mexico Enacts Decree For Tax Cuts In Border States

Mexican President Andres Manuel Lopez Obrador has signed a decree providing for tax cuts in the Mexican states bordering the United States.

Tax-Filing in 2019: What's My Tax Bracket?

Here's how to determine what tax bracket you fall into and its impact on taxes owed.

IRS Issues Proposed Regulations On BEAT

On December 13, 2018, the United States Internal Revenue Service issued proposed regulations on the operation of the base erosion and anti-abuse tax (BEAT), contained in Section 59A of the Internal Revenue Code.

Here's why your Social Security taxes might go up in 2019: A Foolish Take

The good news is that not everyone will be affected. Find out if you're one of them.

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