Tax deduction could help, but grant would help more

President Obama is expected to make a public push to expand the income tax deduction that businesses can claim for investments in non-real estate assets. His proposal is, in essence, elective 100 percent bonus depreciation – “elective” meaning the taxpayer does not have to claim the deduction otherwise made allowable

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Groskopf named to IFRS national panel

As more and more businesses have gone global, the need for international accounting standards has grown accordingly. International Financial Reporting Standards are now so widely used that the U.S. Securities and Exchange Commission is considering implementing IFRS into its financial reporting system for public companies, and the Financial Accounting Foundation

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