Economy

RSM US and RSM UK partners approved a new transatlantic partnership structure in a nearly unanimous vote, effective Jan. 1, 2026.

A new international accounting standard for nonprofit organizations has emerged, drawing on the work of established standard-setters.

Netflix had to pay about $619 million to settle a multiyear tax dispute with Brazilian authorities going back to 2022.

The doubling of California's film and TV tax credits to $750 million a year is showing promise in bringing production back to the state.

Video game developers are benefiting from research and development tax credits and recent changes in the rules for deducting R&D expenses.

Family Office of America's Maryland subsidiary acquired Maryland-based CPA firm Toone & Associates — the latest example of family offices entering the accounting space.

Shutdowns and tax obligations; 529 money and the CPA exam; gig questions; and other highlights from our favorite tax bloggers.

The former long-time head of the American Institute of CPAs has been named chair of the global accounting network.

Family-office-backed accounting firm platform Elevate announced its acquisition of San Mateo, California-based Gilmore Advisors, which was effective Sept. 1.

Chicago-based CPA firm DSWD received an investment from 119th Street Capital, a family office based in Indiana that invests in privately owned financial service firms.

Shutdowns and tax obligations; 529 money and the CPA exam; gig questions; and other highlights from our favorite tax bloggers.

Small businesses with fewer than 50 employees maintained steady job growth and hourly earnings growth this past month, according to payroll company Paychex.

The One Big Beautiful Bill Act is abruptly curtailing the $7,500 tax credit for new electric vehicles and $4,000 for used EVs.

It's time to revisit the $10,000 cap considering a new $40,000 limitation under the OBBBA.

The Treasury and the IRS issued guidance on qualified OZ investments in rural areas under the One Big Beautiful Bill Act.

President Trump plans for new tariffs to boost the domestic film and furniture industries are sweeping — and confusing.

The imminent expiration of tax credits for electric vehicles is slowing sales and competition among charging station operators.

The suspected cases of improper bookkeeping add to a scandal that's threatening the listing of the once-celebrated Japanese auto gear maker.

Some cannabis companies are getting around the tax problems they typically face by setting up employee stock ownership plans.

Tax traps; women in the profession; checking out; and other highlights from our favorite tax bloggers.