Hockey team’s pregame meals fully deductible as de minimis fringe benefit

The Tax Court has ruled that the owners of the Boston Bruins professional hockey team may deduct the entire cost of away game pregame meals as a de minimis fringe benefit.


Companies off to a slow start on lease accounting standard

Many companies are lagging behind on preparations for the new lease accounting standard as they are still working on the revenue recognition standard, according to a pair of new surveys.


Art of Accounting: Getting started—how to determine your hourly rate

As a follow-up to last week’s column on determining what to charge, this column will explain a way to determine your hourly rate should you decide to bill using that method.


McConnell releases revised health care draft

Senate Majority Leader Mitch McConnell, R-Ken., has released a revised version of the Better Care Reconciliation Act of 2017, originally released last week.


GOP push for 20-year tax cut grows as Ryan seeks permanent fix

A Republican senator is building support to change budget rules in order to make temporary tax cuts last for two decades or more, but he has yet to convince a critical figure—House Speaker Paul Ryan.


Corporate tax rate at 28% seen as more likely than historic cut

President Donald Trump has promised the largest tax cut in history, but for scores of the biggest U.S. corporations, it might be just a tax nick.


Hollywood said to be auditing China's box-office for first time

The lobbying group for Hollywood’s top studios is auditing China’s box-office figures amid concern that ticket sales have been reported inaccurately, according to a person familiar with the matter.


Health bill seen as GOP's last chance to repeal Obamacare taxes

Congressional Republicans’ dash to undo Obamacare is about fulfilling a seven-year promise to voters. But it’s also about seizing what may be the party’s last chance to wipe out the 2010 law’s tax hikes on upper income earners.


Pitches and glitches: Tax preparers discuss marketing goofs

Practitioners share their


Pass and go: Four non-tax reform bills that could move this year

Not all changes to the code need to come from tax legislation.