Economy

The guidance gives renewable energy companies more time to develop projects that were delayed by COVID-19.

Small and midsized businesses have experienced a remarkable turnaround this year as the economic recovery accelerated despite the pandemic, with both revenue and headcount on the rise at many companies.

Small businesses continued to ramp up their hiring this month, particularly in the leisure and hospitality sector, as the economy recovers from the pandemic, according to payroll giant Paychex.

An influential group that sets tax-reporting standards for major commodities suppliers will meet to discuss removing the company's representative from its board.

The service is gearing up for a potentially massive tax-enforcement push if Congress passes a plan including $40 billion to expand audits on the wealthy.

The tax prep giant's financial technology innovation arm is adding new accounts receivable features to its bookkeeping software.

U.S. oil and gas companies, along with their investors, may not be doing enough to reflect the impacts of the climate crisis in their financial reports.

KPMG U.K. Ltd. faces a 15 million pound ($21 million) fine after it committed “gross misconduct” over a conflict of interest when it advised bed manufacturer Silentnight and the private equity firm that bought it in 2011.

A 25% tax credit is the latest carrot being proposed on Capitol Hill to encourage semiconductor companies to bolster U.S. production.

The Big Four firm is investing in an overhaul targeting better audits, digitization of services and greener operations.