Economy

Democratic senators are set to propose a bill that would force U.S. oil companies to pay more tax at a time when they're raking in record profits.

Los Angeles voters approved a tax on the sale of mansions and other multimillion-dollar real estate transactions to raise money for affordable housing.

Organizations are being buffeted as they try to raise funds from hard-pressed donors and are turning to their accountants for advice.

A fintech company that handles bookkeeping and accounting operations for small and midsized businesses has acquired a cloud-based bookkeeping service from KPMG.

The gift of finances; scaling a firm; new blog on the block; and other highlights from our favorite tax bloggers.

Small businesses saw little change in their month-over-month hiring rates and hourly earnings growth, but the number of hours worked by employees rose, according to payroll giant Paychex.

A group of House lawmakers on both sides of the aisle is pushing to expand the Low-Income Housing Tax Credit as the supply of affordable housing remains tight.

Todd and Julie Chrisley, stars of the long-running cable TV series "Chrisley Knows Best," received prison sentences of 12 years and seven years, respectively, on tax evasion and bank fraud charges.

Reselling Taylor Swift tickets? You're going to have to pay taxes

These promissory notes offer buyers an accounting power: Emitters of planet-warming pollution get to deduct emissions from their own ledgers simply by purchasing tons of carbon offsets sourced to projects elsewhere.