Economy

While it might sound too good to be true, there are more ways than ever to engage in entrepreneurship on your own terms.

The breakup of the Big Four accounting firm is "inevitable" due to regulatory and capital return pressure.

Forvis donates $500K to help Hurricane Ian relief efforts; RKL appoints first tax innovation leader; and more accounting news.

Two-thirds of small-business owners would rather get a mullet or remove a nest of angry bees than do their taxes. 

Businesses are changing how and when they sign new leases as workplaces grow smaller, more employees work remotely and new lease accounting standards come into play.

Since the beginning of this year, U.S. car buyers have been able to get a federal tax credit of up to $4,000 for the purchase of a used electric vehicle.

Ernst & Young added Tallan; De La Hoz, Perez & Barbeito merged in Roy G. Glassberg CPA PA; and DJH Mitten Clarke acquired Novis & Co.

The international network of audit, tax and advisory firms reached €2.45 billion ($2.6 billion) in total fee income.

Clients who are the sole owner of an LLC may wonder how electing S corporation status will affect how they get paid from their businesses.

The administration is relaunching a popular tax break for manufacturers of solar panels, wind turbines, fuel cells and other clean energy equipment.

Andersen Global, the revived follow-up to defunct Big Five firm Arthur Andersen, is widening its footprint across the U.S.

The $4 billion accounting shortfall would typically raise alarm bells for an auditor. Somehow, a PricewaterhouseCoopers LLP affiliate didn't catch it at Americanas SA.

The Biden administration will allow more crossover SUVs to qualify for the newly-revamped electric vehicle tax credit following lobbying by automakers such as General Motors Co. and Stellantis NV.

Armanino admits 26 partners; Centri opens Tampa office; and more accounting news.

Private sector payrolls grew by 106,000 jobs, even though many companies laid off workers, while annual pay increased 7.3% year-over-year, according to ADP.

EITC education; onboarding is key; expats on the rise; and other highlights from our favorite tax bloggers.

Here are five reasons clients may need more help with household employment matters in 2023

Hourly wage growth at small businesses dampened this month, even though the pace of hiring remained strong.

GM is pushing the Treasury to change the definition of a sport utility vehicle and expand how many buyers can get electric-vehicle tax credits.

PKF O'Connor Davies merged in Archambault & Associates; and Hood & Strong added Cohen Anderson CPAs.