One of the problems that has plagued Hawaii governments at all levels is “deferred maintenance.” Simply put, it means there’s stuff broken and there isn’t presently money to fix it, so it has to stay ...

Alexander Smirnov is charged with three counts of evasion of assessment and three counts of false or fraudulent tax return after he allegedly received more than $2 million in income from multiple ...

It’s a way to simplify tasks like tracking expenses, sending invoices, and staying organized for tax season. Small business accounting isn’t just about balancing books – it’s about making day-to-day ...

As a micro enitity he doesn't account for deferred tax. Does anyone have any idea of the correct accounting and tax treatment please? If we have to account for the full sale proceeds on completion, my ...

A renewed call has been made by the Institute of Chartered Accountants in England and Wales (ICAEW) for accountancy firms to ...

In Monday’s release, Macy’s said the employee “intentionally made erroneous accounting accrual entries to hide approximately ...

A single employee "intentionally" made wrong accounting entries to hide about $132 million to $154 million of delivery expenses between the fourth quarter of 2021 through third quarter of 2024 ...

Get key insights on deferred revenue as a liability. Plus, understand proper analysis to inform business decision-making ...

When a company receives an advance payment, it must record it as a liability on the balance sheet under deferred revenue. This entry stays ... adhere to the accrual accounting method, which ...

The Income Tax Department is investigating landowners in India who may have avoided paying capital gains tax. These landowners had partnered with builders under joint development agreements. The ...

People who own their own home and are moving into a care home long-term can use the value of their property to pay the fees through a Deferred Payment Agreement with their local authority. A Deferred ...

but the state’s Commission for Higher Education wants lawmakers to concentrate funding in the next budget cycle on deferred-maintenance projects. The State Budget Committee heard from the ...