Author name: WDCO Staff

The IRS issued final regulations (T.D. 9784) clarifying the definition of real property for purposes of the real estate investment trust (REIT) provisions…

The tax breaks you receive in your retirement accounts don’t come for free. When you hit age 70 ½, you generally have to start withdrawing money from those accounts, even if you don’t want to…

Your job hunt is in the home stretch. Your prospective employer has your résumé, and you’ve completed the interviews. What’s next? Do you sit back and wait or follow up immediately? Is a handwritten note the best approach, or would an email or a phone call make more sense? Should you get creative or play it safe?

As a CPA who has been in public practice for many years, I know the challenges that not-for-profit organizations face in financial reporting, and, more specifically, in applying generally accepted accounting principles…

BEIJING – Seven Chinese shipbuilders whose portfolios include rig construction have formed a new alliance to realize cost savings through sharing resources. The alliance, called China Offshore (Deepsea) Industry Alliance, was formally set up in Beijing on Dec. 28, 2016. The alliance members comprise Yantai CIMC Raffles, Shanghai Zhenhua Heavy Industries Company (ZPMC), Cosco (Qidong) …

Chinese Work to Kneecap US Rig Builders Read More »

Start preparing now to save money next tax season by accounting for these tax-deductible business expenses. Many small business owners aren’t aware, but they’re often eligible for lots of different tax deductions from the government. Sure, most entrepreneurs know to deduct expenses like employee salaries and benefits, the cost of goods sold, and rent. But …

Tax Deductions Some Small Businesses Miss Read More »

Scammers are always looking for new twists on common scams, especially when it comes to phishing emails. These emails are meant to trick you into clicking a link and either providing personal information or downloading viruses or malware…