ection 1221 of the tax code broadly defines a capital asset. Over time the courts have attempted to narrow that definition and eliminate confusion. Recently a Third Circuit Court of Appeals ruling ...

An asset constitutes anything that holds monetary value, whether current or future, to a person or organization. Businesses, governments and non-profits all own assets. So do many people. An asset is ...

The Office of Management and Budget is making sure all agencies develop plans to protect their most sensitive and valuable cybersecurity assets and designate an agency-level office or team to secure ...