Monthly Archives: August 2015

As hard as it may be to believe, Microsoft MSFT -4.88% remains in a dispute with the Internal Revenue Service (IRS) over an audit from ten years ago. The extensive audit by the IRS stems over how tax is calculated for income made by Microsoft overseas. Granted Microsoft is large international company with revenues of nearly $94 billion last year and more than $60 billion in cash on its balance sheet at the end of June. Normally, tax law allows three years for an audit to be conducted. In this case, however, the IRS requested the company to waive the time period resulting in an almost decade long audit. Read More  >>

NEW YORK (TheStreet) — Over the last few weeks, there has been a steady uptick in skepticism and uncertainty against a backdrop of slowing global growth and earnings. All the major indexes were down in single digits last week and U.S. markets opened today down sharply, following the lead of Asian and European markets.

There is little debate that patent law is a complicated subject, yet the idea of protecting intellectual and private property is a centerpiece of American free market capitalism. Congress is once again contemplating changes to patent law to help consumers by cracking down on costly and abusive patent lawsuits. Seeing an opportunity, lobbyists for big drug companies are trying to attach a proposal that would do the opposite – harm consumers, American competitiveness and is a special interest provision that is tantamount to cronyism. Read More >>

NEW YORK (TheStreet) — It’s only a matter of time before Alphabet investors separate the wheat from the chaff. Let me explain.