Companies of all sizes could benefit from an amendment that allows them to carry back net operating losses (NOLs) for a refund of taxes paid in the previous five years. The bill is getting bipartisan support but could get held up by unrelated amendments.
President Obama's climate bill, which is scheduled for hearings in the Senate Committee on Environment and Public Works this week, could have major tax implications. Get up to speed on the legislation and its effects in this overview.
The use of performance-based contracting is rising. The advantage, new research indicates, is better outcomes at lower cost with more financial predictability.
Windows 7 operating system, Microsoft's long-in-development upgrade from Windows Vista, hit the market last week. Before you buy Win7, consider your other options, which include adopting Google Apps or moving to Linux.
Much to the chagrin of some residents, Norway has released records showing the annual income and overall wealth of its citizens. While the tax list is supposed to promote transparency, critics say people are treating the tax list like "tax porno," checking the income of friends and co-workers.
IRS Commissioner Doug Shulman wants corporate boards to turn their attention to tax risk. In remarks to the National Association of Corporate Directors, Shulman pointed out that tax strategies are a significant source of financial and restatement risk, not to mention reputational exposure.
Small and midsize business owners worldwide are feeling increasingly positive about the state of global trade, according to an HSBC survey. One area for optimism: a majority of respondents expect access to credit to either remain the same or increase.
