Economy

This outrageous story about an accountant's client and his wife might not seem like it's real, but it is.

The Top 25 Firm is adding a tax, assurance, advisory and real estate consulting firm in Birmingham, Alabama.

BookSmarts Accounting CEO Jenny Groberg managed to survive a traumatic brain injury and build a firm that empowers women accountants.

The measure would have allowed the city council to increase transfer levies on upmarket residential and commercial property sales.

The Chinese real estate company's revenue overstatement dwarfs that of Luckin Coffee Inc. and Enron Corp., dealing a blow to the reputation of its former auditor PricewaterhouseCoopers and the country's financial oversight.

Exxon Mobil Corp. won't move forward with one of the world's largest, low-carbon hydrogen projects if the Biden administration withholds tax incentives for natural gas-fed facilities.

Transit operators in San Francisco's Bay Area are facing massive budget shortfalls as ridership lingers well below its prepandemic levels.

By requiring tenants to retain an independent CPA firm to perform a similar review of the same data, the landlord is all but controlling the outcome.

Affected businesses may turn to their accountants for help, but are firms the best source to help clients report beneficial ownership information to the feds?

The Praxity Alliance of independent accounting firms reported revenue of $9.7 billion in 2023, an 11% increase over 2022 at constant exchange rates.

Nonprofit development and accounting departments are working toward the shared goals of sustainable growth and accomplishing their mission.

The additional tax revenue raised would go toward services for the city's homeless population.

There are talks of protesting a key piece of tax law that prevents marijuana companies from deducting expenses like other companies do.

Year-over-year hourly earnings growth for U.S. workers moderated slightly in February, continuing a trend that began mid-2022, while small business job growth held steady.

An Alabama federal district court held that the Corporate Transparency Act is unconstitutional, stating it "exceeds the Constitution's limits on Congress' power."

The Top 100 Firm also announced the first three member firms of the network, which will focus on food and agriculture clients.

The Chicago-based agricultural commodity trader said the issue with internal controls relates to the way it reports sales between segments.

Sage, the company behind Sage Intaact and other products, announced a host of new products, features and partnerships at its Las Vegas conference.

Complex transactions in this industry can trigger accounting and reporting issues that may result in SEC letters, restatements and challenging conversations with investors.

The move would make New Jersey's corporate tax the highest rate in the country.