Economy

Lucas Horsfall integrated Gettleson, Witzer & O'Connor of Encino, California. Wilson Lewis merged in Alexander, Almand & Bangs of Gainesville, Georgia.

Rev. Proc. 2026-08 updates procedures for exemption from income tax on a group basis for 501(c) organizations that are under the control of a central organization.

Accountants' confidence in the global economy remains weak entering 2026, citing economic pressures, cyber threats, and geopolitical and regulatory instability.

The Top 25 Firm made an investment in Crowe Advisory Services India, a member of its global network.

Baker Tilly International saw its global network of accounting firms score a record amount of total revenue for the fiscal year ending Dec. 31, 2025.

Right now, cannabis businesses operating legally under state law still can't deduct basic costs like rent, salaries or marketing.

Hourly earnings growth at small businesses continued to decelerate in December, reflecting a pattern for much of the year, Paychex reported.

Going from a financial professional working for someone else to a business owner running your own firm requires shifting your way of thinking.

The tax deduction applies to new cars assembled in the U.S. purchased from 2025 through the end of 2028.

The updated framework under the OBBBA has created new opportunities for the sports and entertainment industries in rural areas and low-income urban areas.

Britney Spears is disputing a $600,000 tax claim from the Internal Revenue Service.

What's behind the power of integrating taxes, investments and strategy for business owner clients?

A federal appeals court reversed a lower court decision involving the Corporate Transparency Act, finding it to be constitutional, although it remains on hold.

Missing the window to make these decisions before year's end means losing a full year of potential savings.

Ameryn Seibold was tasked with manipulating the Excel data that the subprime auto lender regularly sent to its financiers.

No expertise needed; losing Trump benefits; excise taxes can't replace property taxes; and other highlights from our favorite tax bloggers.

PrimeGlobal member firms' total revenue increased 19% year-over-year to $6.4 billion.

Growth was led by tax (7%) and advisory (4%), followed by audit and assurance (3%) and business services outsourcing (2%).

By helping business owners shore up their metrics, you can help them boost their enterprise value and add more value to your relationship.

Small accounting firms can scale intentionally, sustainably and without compromising what makes them special.