FinanceWatch

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  Cost reduction targets missed by 81% of companies

  Finance

  Cost reduction remains top-of-mind for your fellow CFOs: 84% of U.S. companies plan to undertake new initiatives in the next 24 months. Too bad few of them will succeed...

• Virtual currency: IRS issues additional guidance on tax treatment and reminds taxpayers of reporting obligations

  Finance

  As part of a wider effort to assist taxpayers and to enforce the tax laws in a rapidly changing area, the Internal Revenue Service today issued two new pieces of guidance for taxpayers who engage in transactions involving virtual currency. Expanding on guidance from 2014...