Economy

Good points to the IRS; avoiding partnership; sharpen your marketing; and other highlights from our favorite tax bloggers.

Citrin Cooperman, a Top 25 Firm based in New York, completed the acquisition of Kingston Smith Barlevi, a Los Angeles-based firm that specialized in the media and entertainment industries.

Small businesses kept adding jobs and increasing wages amid the tight labor market last month, but the pace declined from May, according to payroll company Paychex.

The Top 25 Firm became the latest accounting firm to receive PE funding with a strategic investment for an undisclosed sum from Parthenon Capital.

CliftonLarsonAllen, a Top 10 Firm, is forming CLA Global Limited in collaboration with Evelyn Partners, a U.K.-based wealth management group.

Regardless of whether they have reached retirement age, owners must identify the “why” of exiting their business as a first step. Transitions are often entwined with personal relationships, finances and emotions.

Suspending the federal gasoline tax may sound like welcome relief, but experts warn it could bring mixed results — or even higher gas prices in the end.

The senator's opposition to giving clean-energy developers direct payments may significantly reduce the tax credits they could get from Democrats’ reconciliation package.

Senate Democrats have scrapped a $4,500 bonus tax credit for electric vehicles made with domestic union labor as they seek to wrap up negotiations on a spending deal.

Cash flow management is an indispensable aspect of any business looking to achieve success and profitability; however, many small business owners have very little cash on hand.