Economy

Many U.S. multinational corporations have packed up or are choosing to open subsidiaries in low-tax, rather than no-tax, countries that are seen as more legitimate than the formerly popular island destinations of the Cayman Islands and the Bahamas.

Every year I speak with CPAs who bemoan the chaos and rush to file taxes for many of their business clients.

Federal and state governments are not yet “on the same page” with respect to all aspects of the tax and legal treatment of marijuana.

One of the Big Four accounting firms has taken a welcome step to improving the credibility of the financial statements published by London-listed companies.

States need to consider a wide range of factors in looking to set tax rates on legalized pot sales.

A new survey by the International Federation of Accountants examines trends in 150 countries.

Small businesses are having a difficult time finding qualified employees to fill the open slots.