As we enter the upcoming tax filing season, staying informed about recent changes and planning ahead can make a world of difference. Whether you’re filing as an individual, small business owner, or corporate entity, here’s a roundup of the latest…

Value Added Tax (VAT) is a tax on consumption levied in the United Kingdom by the National Government. It was introduced in 1973 and is the third largest source of government revenue after Income Tax and National Insurance. It is…

Financial statements are prepared according to agreed upon guidelines. In order to understand these guidelines, it helps to understand the objectives of financial reporting. The objectives of financial reporting, as discussed in the Financial Accounting standards Board (FASB) Statement of…