Bloomberg News

The department-store operator tied executives' cash bonuses to an earnings metric that turned out to be overstated by around $81 million in 2023.

Washington Governor Bob Ferguson said he wouldn't sign a budget that relies on the wealth tax proposed by his fellow Democrats in the state legislature.

A sizable increase to the current $10,000 limit on SALT write-offs would represent a major victory for a crucial group of swing-district House Republicans.

Elon Musk's X is urging the justices to shield companies from being forced to disclose sensitive user financial data under "suspicionless" subpoenas.

Trump told reporters he plans to launch reciprocal tariffs with "all countries," countering speculation he could limit the initial scope.

Shipowners and charterers are altering leasing contracts to cope with the multimillion-dollar port fees expected to be imposed by the Trump administration.

The move comes after ADM adjusted years of financial results due to errors in the way it reported transactions between business units.

In a late night Truth Social post, Trump said large-scale tariffs "far larger than currently planned" would be placed on them in such a scenario.

The French government is deploying increasingly aggressive methods to uncover tax fraud.

After accounting issues arose at Autodesk, Starboard has pressured the board to reevaluate the performance of CEO Andrew Anagnost.

Turkey's Treasury and Finance Ministry is using artificial intelligence to track down money earned by psychics and fortune tellers as part of a broader drive.

The stopgap funding bill paves the way for Republican lawmakers to pivot to signature border and tax bills they seek to pass in the coming months.

Managers at Deloitte and Ernst & Young have instructed staffers to prepare for more work in the kingdom.

The agency nixed controversial staff crypto accounting guidance, which interim chief Mark Uyeda described as overstepping the normal procedures.

Cutting IRS staffing in half over the next 10 months would mean less help and longer waits for taxpayers and let wealthy tax cheats escape paying what they owe.

The southern African nation's difficult operating environment recently led to the exit of global accounting firms Deloitte LLP and PwC LLP.

The National Restaurant Association praised some of Trump's plans, including a proposal to eliminate taxes on tips and his pledge to review trade agreements.

Dora Liu will become Deloitte China's new chief executive on June 1 for a four-year term.

Warren Buffett said the company has paid the U.S. government more than $101 billion in taxes since he took the helm 60 years ago, more than any other company in history.

President Donald Trump expressed optimism about negotiations in Congress to push forward his agenda on taxes and immigration.