Content about Income tax

June 13, 2014

Toys “R” Us reported a net loss of $196 million in the first quarter of fiscal 2014, up from a $111 million net loss in the year-ago period, amid a decrease in income tax benefit and rise in expenses that included investments in e-commerce and U.S. store maintenance.

May 29, 2014

Fred’s Inc. cited higher income taxes as contributing to declining net income in the first quarter of fiscal 2014.

May 23, 2014

Shoe Carnival Inc. reported a 3% year-over-year drop in net income to $9.2 million, from $9.5 million in the first quarter of fiscal 2014.

March 4, 2013

By Randy Frischer, Jonathan Forman, and Brad Poris, BDO USA, LLP

December 23, 2010

Proactively managing taxes should always be top of mind for businesses at year-end. Recent Congressional actions and extension of the Bush-era tax cuts are serving as this year’s reminder.

May 13, 2008

Maryland tax authorities and Nordstrom Inc. are headed to state tax court Wednesday over a...

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