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Are You Ready for ASC 606 to go into Effect?

For fiscal periods beginning after December 15, 2017, ASC 606 will change the way companies recognize revenue. In general, ASC 606 will affect revenue

Retail Sales Register Solid Third Quarter Results Going into the Holiday Season

Based on calculations released by the National Retail Federation (NRF) and data from the U.S. Census Bureau, retail sales in September increased three

Cyber Monday Growth Brings Evolving Risks for Retailers

The trees outside are turning vibrant shades of red, orange and yellow, which has retailers seeing green. As Black Friday and Cyber Monday quickly approach,

Minimum Wages Are On the Rise

Effective October 1, 2018, Delaware will enact a 50-cent increase in its minimum wage, bringing it to a new high of $8.75 per hour. Shortly thereafter
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Retail
Shane Burkholder | 8.21.2018

U.S. retail sales in June increase 6.6% year-over-year, leading to the continued rise in interest rates by the Federal Reserve for 2018

Boosted by increased purchases primarily of automobiles, retail sales during June in the United States rose steadily, affirming expectations for strong
Retail
Zachary Rose | 7.23.2018

Traditional Retailers on the Mend?

Scott Galloway, a professor of marketing at New York University’s Stern School of Business once said about Amazon that the company does not want

Accounting for Cloud Computing

Earlier this month, the Financial Accounting Standards Board’s (FASB) Emerging Issue Task Force (EITF) reached a consensus to permit the capitalization

It's a New Era: Sales Tax Compliance after South Dakota v. Wayfair

The United States Supreme Court overturned the physical presence standard for sales and use tax nexus for remote sellers in its opinion on the case of
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Use Tax - To Report or To Collect and Remit: That is the Question

If the United States Supreme Court upholds the physical presence standard in its South Dakota v. Wayfair opinion, many remote sellers lacking the physical

U.S. Retail Sales on the Rise

U.S. retail sales were on the rise at the beginning of the second quarter. Commerce Department figures showed that there was a 0.8% increase in the value
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