“You need to be above the market, because the moment everyone has the same thing, employees think they can always go out and look for another job," the researchers explain.

Maybe there's something fundamentally flawed about the way the IRS calculates capital gains. The Smith School's Samuel Handwerger discusses the merits of indexing.

In a rare move this week, the U.S. Supreme Court overturned its own ruling, with a 5-4 decision that allows states to collect sales tax from out-of-state retailers who sell to their in-state residents.

"Multiple directorships may enhance firm performance through board connections, but may also hinder firm performance through time constraints," the authors write.

There's more to signature size than meets the eye. As it turns out, chief financial officers with large signatures are more willing to exploit others and bend the truth in their favor.

New research suggests that CFOs have a significant influence on firms’ disclosure decisions and respond to personal litigation risk over and above corporate litigation risk.

Sometimes the solution to a problem falls into a tax preparer's lap, the Smith School's Samuel Handwerger says. And sometimes that solution is a traditional Individual Retirement Account (IRA).

Accounting information that individual firms report can have a big impact on the economy. Smith School professor Rebecca Hann says the reason is because economic forces prevent markets from weeding out under-performing firms.

While the newly adopted tax code didn't go into effect until 2018, it might actually create a soft spot in the 2017 tax returns Americans are filing now. And it's all because of the things that the new law strips from the tax code, says the Smith School's Samuel Handwerger.

There are two certainties, the old saying goes: Death and taxes. And though there are no known loopholes for death, tax professionals do discover tax loopholes from time to time. Like this one, involving Uber drivers.