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Elvis and a Big Hunk o’ Tax Breaks

Expansion of Graceland is benefiting from controversial tax incentives
The Wall Street Journal
Original publication date: 
Monday, October 5, 2015 - 18:59

Everything about Elvis Presley was big.

U.S. Corporations Increasingly Adjust to Mind the GAAP

The use of figures that exclude certain items is becoming more prominent in corporate filings
The Wall Street Journal
Original publication date: 
Monday, December 14, 2015 - 20:28

A financial obfuscation of the dot-com era is making a comeback: Hundreds of U.S. companies are trumpeting adjusted net income, adjusted sales and “adjusted Ebitda.”

New Rule to Lift Veil on Tax Breaks

Accounting standard will require government officials to disclose value of property, sales and income taxes that have been waived
The Wall Street Journal
Original publication date: 
Tuesday, August 4, 2015 - 17:50

Cities and states have plied companies with tax breaks for decades hoping to attract jobs and commerce. A new accounting standard will force many to disclose the total annual cost.

How Google, GE and U.S. Firms Play the Tax ‘Audit Lottery’

Big Companies Have Amassed $188 Billion in Tax Benefits the IRS May Reject
The Wall Street Journal
Original publication date: 
Wednesday, December 17, 2014 - 16:02

Buried deep in American companies’ securities filings is an indicator for how aggressively they are working to shield their income from the Internal Revenue Service and other tax authorities.

Rejigging America’s GDP calculation requires dubious math, but it always did

Calculating a country’s gross domestic product is already an arcane business. So it’s little wonder that a few eyebrows went up yesterday on word that the US—specifically the Bureau of Economic Analysis (BEA), which does the country’s GDP estimates—plans to start counting a bunch of intangibles as part of GDP.

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