Discover why IFRS prohibits LIFO accounting, including issues like distorted financials, outdated inventory values, and potential earnings manipulation.

When disaster hits, the last thing you want is to argue about what you owned and what it was worth. Yet that is exactly where ...

Discover NIFO, a unique inventory valuation method based on replacement cost instead of original cost, its working mechanism, ...

When you redeem your mutual funds after holding them for a period longer than 12 months, long-term capital gains (LTCG) tax is payable on them. When the redemption takes place in less than 12 months, ...

Just as you pay taxes on wages, you also pay taxes when you make money from your investments. There are different ways your ...

Find the best crypto tax software for 2026. We review top tools like Koinly and CoinLedger to help you file accurate tax ...

Cost basis is the original purchase price of an asset. Tracking cost basis is key to tax-efficient investing. Many, or all, of the products featured on this page are from our advertising partners who ...

Chinese AI company Deepseek has unveiled a new training method, Manifold-Constrained Hyper-Connections (mHC), which will make it possible to train large language models more efficiently and at lower ...

National security, unlocked. Each Thursday, host Mary Louise Kelly and a team of NPR correspondents discuss the biggest national security news of the week. With decades of reporting from battlefields ...

Andrew Harris, managing director at Jenius Bank tells Kiplinger: "The 60/30/10 budgeting method is a flexible alternative to the traditional 50/30/20 rule, which may be a better option for many ...

DeepSeek published a paper outlining a more efficient approach to developing AI, illustrating the Chinese artificial intelligence industry’s effort to compete with the likes of OpenAI despite a lack ...