For the second time in a week, a federal circuit court of appeals has handed the IRS a defeat on the issue of whether an overstatement of basis amounts to an omission from gross income for purposes of ...

The ongoing controversy over whether a taxpayer’s overstatement of basis triggers a six-year statute of limitation period continues as the Fourth Circuit has held that the extended period does not ...

Mark Milley said critics who suggest the military is too "woke" overstate the problem. Critics have pointed to drag shows and the use of critical race theory, both of which Milley said are overstated.

In the business world, inventory plays a vital role in success and can impact financial statements. If the ending inventory is incorrect, it can impact many different areas of your business and ...

PwC signed off on WHSmith’s accounts for the three years where the retailer has subsequently disclosed an overstatement of profits through booking US supplier income too early. The errors went ...

In Home Concrete & Supply LLC v. United States, Supreme Court Docket No. 11-139 (April 25, 2012), the U.S. Supreme Court stepped in to resolve a hotly contested dispute as to whether an overstatement ...

Mississippi athletic director Keith Carter's account of coach Lane Kiffin's departure for LSU is different from how Kiffin ...

Memphis Mayor Paul Young said that President Donald Trump’s comments that he was “happy” about the decision to deploy the National Guard to his city were “an overstatement” while appearing in front of ...

How good is Kansas City Chiefs quarterback Alex Smith? Well, most regard him as good, not great. And, in an overstatement and show of public support and enthusiasm, offensive coordinator Doug Pederson ...

The collapse of a haulage firm in Herefordshire came after "significant discrepancies" were found on the sales ledger, which ...