Economy

Internal Revenue Service officials are working to increase compliance of tax-exempt groups as well as for-profit businesses with the help of whistleblowers.

AI can be a helpful starting point, but accounting professionals and other specialists are still essential for making an informed decision about entity type.

The Internal Revenue Service and the Treasury Department plan to issue proposed regulations for qualified opportunity zones under the TCJA and the OBBBA.

Juneteenth; ERP programs; compliance drift; and other highlights from our favorite tax bloggers.

China Evergrande's liquidators have asked a court to void a shareholder compensation deal a regulator struck with PricewaterhouseCoopers' Hong Kong affiliate.

The U.S. residential solar industry is cratering after President Donald Trump eliminated a key tax credit for homeowners to install solar panels last year.

RSM Mexico will join RSM's transatlantic platform with entities already in the U.S., the U.K., Canada and Ireland, as well as teams in India and El Salvador.

Here are 10 tactics for transforming your client's return from a compliance document to a planning and business development tool.

Dangerous counter-trend; compliance challenges; tax-free periods; and other highlights from our favorite tax bloggers.

Proposed regulations would limit the ability of tax-exempt organizations to pay high compensation and parachute payments to top executives.

The Council brings leading public accounting firms together across the country to provide greater awareness of the noble mission of the USO and raise funds.

Employers added 172,00 jobs overall last month, but there were losses in some sectors, including accounting, tax, bookkeeping and payroll services.

A budget analyst estimated about 5,100 properties would have been eligible for the tax, generating between $9.2 million to $21.4 million in its first year.

Competitive differentiator; non-traditional tax regimes; caught off guard; and other highlights from our favorite tax bloggers.

Most buyers focus on price, but depreciation often matters more in certain asset classes.

The so-called pied-à-terre tax is expected to take effect July 1 this year and would affect roughly 10,000 single family homes, coops and condominiums citywide.

Dangerous procedural traps; justification for change; unexpected tax exposure; and other highlights from our favorite tax bloggers.

The Top 10 Firm will acquire a consulting and technology firm that helps manufacturing and distribution companies modernize operations with digital solutions.

Windsor Path, a family office-backed platform for accounting firms, acquired ASO Advisors, the non-attest business of Agresta, Storms & O'Leary in Indianapolis.

The case centers on PwC's auditing work for Evergrande, an emblem of China's property crisis since it defaulted in 2021.