Future income taxes are upcoming tax costs or savings due to discrepancies between financial statements and tax returns.

At its core, a tax accountant is a financial expert specializing in meeting tax compliance and planning requirements. This ...

Kelly Phillips Erb is a Forbes senior writer who covers tax. Presidential elections always attract attention, and this past year was no different. On November 6, the Associated Press announced that ...

Accounting offers a variety of specializations, including tax accounting, financial accounting, and managerial accounting. Tax accounting requires strong research skills and the ability to keep up ...

Corporate leaders are demanding more and more from their tax and accounting partners. Is your firm on top of the latest Internal Revenue Service guidance on Paycheck Protection Program loan ...

Even if accounting isn’t your forte, it’s important to understand accounting basics to run your business. Learn 11 tips for small business accounting.

The Financial Accounting Foundation plans to conduct a post-implementation review of the standard governing accounting for income taxes to gauge how well it has performed. Processing Content The FAF, ...

Learn how comprehensive tax allocation reconciles tax and financial reporting, uncovering discrepancies in income, expenses, ...

Tax accounting is a critical field that focuses on preparing and analyzing tax payments and returns. It differs from other accounting fields in that it is guided by specific tax-related provisions set ...

While large corporations and publicly traded companies must follow the financial accounting, small businesses have the choice of using either the financial accounting method or the tax accounting ...

Certified public accountants may become harder to find for tax preparation services as a number of CPAs are retiring and fewer young people are entering the profession. Even though April 15 is fast ...