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Industry Spotlight: Financial Services

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Thought Leadership

Your Company's Financial Statements May Soon Include Performance Data

After receiving public comments that investors and lenders want clearer information on company performance, the Financial Accounting Standards Board (FASB) has begun developing a framework for performance reporting.

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Higher Mileage Rate May Mean Larger Tax Deductions for Business Miles in 2019

This year, the optional standard mileage rate used to calculate the deductible costs of operating an automobile for business increased by 3.5 cents, to the highest level since 2008.

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