Economy

The deduction has been a valuable tax planning tool for architects, engineers and building owners, but it never spurred energy efficient design.

The accounting firm association has appointed a longtime ACCA executive director as its new chief, effective June 1, 2019.

PKF International has appointed James Hickey as the new CEO of the global network of independent accounting firms, effective March 19.

When businesses fail to file on time, they can get hit with fines or other penalties.

There has been no shortage of confusion as American taxpayers have started filing their returns for the first time under the 2017 tax overhaul.

Reps. Terri Sewell, D-Ala., and Tom Reed, R-N.Y., and Senators Ben Cardin, D-Md., and Roy Blunt, R-Mo., have introduced bipartisan legislation to make the New Markets Tax Credit permanent, in an effort to encourage private investment in low-income rural communities and urban neighborhoods.

The U.K. is in turmoil as the government loses the first of three votes this week to decide future trade status.

New York Assembly Speaker Carl Heastie added momentum to the idea of taxing non-resident owners of multi-million dollar apartments as a way to help pay for billions of dollars of regional transit improvements.