Discover what accounting changes are, how they affect financial statements, and why full disclosure is essential for ...

A statement of shareholder equity can tell you if your business is doing well or if it's time to fine-tune some of your ...

Big changes are coming to the Kansas City Chiefs. On Monday, team owner and chairman Clark Hunt announced that the team will be moving out of Kansas City, Mo., and into a new stadium in Kansas City, ...

Travis Gettys is a senior editor for Raw Story based in northern Kentucky. He previously worked as a web editor for WLWT-TV and a contributing writer for the Kentucky Enquirer, and he also wrote for ...

Cheap Trick has issued a statement in response to criticism they received for performing at last week’s Kennedy Center Honors in support of Kiss. The Rockford, Illinois-based rockers paid tribute to ...

PALM BEACH, Florida, Nov 27 (Reuters) - U.S. President Donald Trump said on Thursday his administration may slash income tax completely over the next couple of years because of government revenue ...

Forbes contributors publish independent expert analyses and insights. Edward Segal covers crisis-related news, topics, and issues. Effective crisis communication requires CEOs to demonstrate ...

The provision for income taxes on an income statement is the amount of income taxes a company estimates it will pay in a given year. The company's final tax bill may be slightly more or less than the ...

You don’t need to be a CPA to understand your company’s financial health. You just need to know where to look. That starts with the income statement—also known as the profit and loss (P&L) ...