Bristol Myers Squibb is partnering with BioNTech on a closely watched cancer drug, in a deal worth billions of dollars.

For businesses that report taxes on the cash basis, deferred revenue is irrelevant, because income is always reported in the year it's received. Accrual basis taxpayers, however, are able to delay ...

This is the best place to begin when preparing a tax-basis balance sheet. Adjust the trial balance to reflect the previous year's book-to-tax adjustment. This entry can be computed by subtracting ...

The Trump administration is changing many prior policies, but supporters of this proposal are calling for further action to ...