The IRS announced a drop of one percentage point in the interest rate it charges on underpayments—the rate applies from January 1, 2009, through March ...

Conventional wisdom suggests that consultants, freelancers, and other businesses reporting income and expenses on a cash basis should strive to defer income and accelerate deductions ...

On the day that the Big Three automakers were asking Congress for a handout, a small step was taken to provide help to small businesses ...