Discover how cash purchases impact a company's income statement and where to find detailed records in financial reports.

The tax-filing season is officially underway, and investors – especially those who are holding income-generating assets – will want to prepare to pay the tax man. The Internal Revenue Service began ...

The IRS "Get Ready" website has numerous resources available to taxpayers to prepare their 2025 federal income tax returns. The site has the latest information on the One, Big, Beautiful Bill tax law ...

Editor’s Note: This post is focused on helping you understand profit and loss statements. This financial statement is used by most small business owners to help assess business profits and losses ...

New York City is preparing to roll out a guaranteed income program that will provide $15,800 per person to disadvantaged residents. What Happened: The New York City Council has set aside $1.5 million ...

Notre Dame won’t be going bowling this season. On Sunday, the Fighting Irish were snubbed for the College Football Playoff, as the selection committee opted to put Miami in over them. It was a ...

KANSAS CITY, Mo. (KCTV) - A Kansas City woman pled guilty in federal court Wednesday to preparing and filing false income tax returns. The woman, 35-year-old Tanisha Spencer, is accused of preparing ...

Democratic Sen. Tracy McCreery and Republican Rep. Holly Jones have introduced legislation that would retrain animal control officers. Lawrence police are investigating after a city employee shot and ...