Gain Contingency
The accounting for gain contingency is a potential or pending development thay may result in a future gain to the company. For example,...
Why Gross Margin is an important metric?
We are looking at the word gross margin. Gross margin is a company’s total revenue minus by the COGS (cost of goods sold), divide by the...
New United States Tax Law (Part 3)
This note is our final piece on the New United States Tax Law. Alternative Minimum Tax – The Exempt Income Thresholds are Increased From...
New United States Tax Law (Part 2)
We are continuing our discussion of the new United States Tax Law as it applies to individuals. You can view our last week’s post here:...
New United States Tax Law (Part 1)
In the next few posts, we would like to provide a brief overview of the new United States Tax Bill. Here are some of the basics for...