Content about Income tax in the United States

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.

Wayne, N.J. — 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. But the struggling retailer saw its sales improve.

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.

Evansville, Ind. – 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. The retailer plans to open 23-28 new stores in fiscal 2014, including 16 in the second quarter and seven-to-12 in the fourth quarter.

Shoe Carnival’s net sales grew 1.5% to $235.8 million, from $232.3 million.

May 1, 2013

Probably the most important bit of news for bricks-and-mortar retailers that broke over the past week is that the Senate voted to move forward with the Marketplace Fairness Act.

By Garrick Brown, research director, Terranomics

March 4, 2013

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

November 26, 2012

By Randy Frischer and Patricia Brandstetter

August 6, 2012

Walgreens has agreed to create 500 jobs in Illinois over three years and invest $75 million to expand and renovate more than two dozen of its corporate offices, according to the Chicago Tribune.

New York -- Walgreens has agreed to create 500 jobs in Illinois over three years and invest $75 million to expand and renovate more than two dozen of its corporate offices, according to the Chicago Tribune.

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.

By Scott Balestrier & David Des Roches, BDO.com 
 
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. As many retailers seem to be returning to profitability, there are several tax and accounting opportunities that should be considered.

June 30, 2010

New legislation introduced in the House by Representative William Delahunt (D-MA) could provide an infusion...

May 27, 2008

Strong sales and a lower tax rate led discount retailer Dollar Tree Inc. to report...

April 17, 2008

The Talbots Inc. affirmed its 2008 outlook on Friday and said meeting that goal would...

October 19, 2005

Washington, D.C., The...

October 19, 2005

Washington, D.C., The...