What To Know About the Supreme Court's Sales Tax Decision
In a rare move this week, the U.S. Supreme Court overturned its own ruling, with a 5-4 decision that allows states to collect sales tax from out-of-state retailers who sell to their in-state residents.
An Upside To Having Busy Board Members
"Multiple directorships may enhance firm performance through board connections, but may also hinder firm performance through time constraints," the authors write.
Beware of CFOs with Large Signatures
There's more to signature size than meets the eye. As it turns out, chief financial officers with large signatures are more willing to exploit others and bend the truth in their favor.
Business Gets Personal For CFOs
New research suggests that CFOs have a significant influence on firms’ disclosure decisions and respond to personal litigation risk over and above corporate litigation risk.
A Last-Ditch Plan To Avoid Paying Taxes
Sometimes the solution to a problem falls into a tax preparer's lap, the Smith School's Samuel Handwerger says. And sometimes that solution is a traditional Individual Retirement Account (IRA).
Boost Accounting Transparency
Accounting information that individual firms report can have a big impact on the economy. Smith School professor Rebecca Hann says the reason is because economic forces prevent markets from weeding out under-performing firms.
How the New Tax Law Could Affect Your 2017 Returns
While the newly adopted tax code didn't go into effect until 2018, it might actually create a soft spot in the 2017 tax returns Americans are filing now. And it's all because of the things that the new law strips from the tax code, says the Smith School's Samuel Handwerger.
A Tax Loophole You Could Drive an Uber Through
There are two certainties, the old saying goes: Death and taxes. And though there are no known loopholes for death, tax professionals do discover tax loopholes from time to time. Like this one, involving Uber drivers.
How Sales Tax Ended Up in the Supreme Court
The Supreme Court is poised to take up an issue that states have wrestled with since before the earliest days of online retail sales. It's the issue of whether states may collect sales tax from out-of-state retailers. Sam Handwerger explains why it's a bigger deal than ever.
Slow Motion Earnings Revisions on Wall Street
Time required to collect, process and distribute information ranges from nine minutes to nearly five days for Thomson Reuters.