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Thinking about the upcoming tax deadlines? All businesses: Give annual information statements (IRS Forms 1099) to recipients of certain payments you made during 2016. Payments that are covered include: (1) compensation for workers who are not considered employees, (2) dividends and other corporate distributions, (3) interest,...

Differentiating the purchase of a business from the purchase of a group of assets is something that the Financial Accounting Standards Board has been debating for years. In January 2017, the board finally published guidance to help financial executives and accountants define what a business...

About 84 percent of large employers will offer high-deductible health plans in 2017. Indeed, 35 percent of large employers will offer only high-deductible plans to their workforce. Some workers’ deductibles will be offset by employers’ contributions to health savings accounts: tax-free funds that workers can...