Economy

For the owner of a multimillion-dollar company, selling by the end of 2020 could result in a much smaller tax bill than striking a deal in 2021 under new rules.

New Jersey Governor Phil Murphy signed legislation Monday giving small businesses in the Garden State a workaround for the $10,000 cap on state and local tax deductions under the Tax Cuts and Jobs Act.

The institute has asked the IRS and the Treasury to issue a notice clarifying that relief will also apply to S corporations.

The job numbers were boosted by employment in professional and business services.

The Avantax Wealth Management parent views HK Financial as another way of working with CPAs and tax professionals branching into the field.

The tight labor market prompted wage increases to accelerate at the end of the year.

The Internal Revenue Service issued final regulations last week on opportunity zone funds, but while they answer some of the questions, many other issues remain that are likely to prompt questions from tax clients.

The two appropriations bills extend government funding while also dealing with several of the tax extender provisions and repealing some Obamacare taxes.

The middle market pursues growth through technology, better banking for small businesses, and seven other things that happened this past month.

This provision of the Tax Cuts and Jobs Act ‘threw everything upside down,’ says one expert.

The Top 100 Firm is expanding its presence in Houston with the M&A deal.

To get a better handle on your client’s personal cash flow situation, you need to go beyond their business and understand their family financial dynamics.

The Top 25 Firm has merged in Mejia & Kaplan, which specializes in serving entertainers and performing artist clients.

NJCPA delivers more than 6K pounds of food and supplies to community food bank; DuCharme McMillen celebrates 25 years; and more CPA news.

The Big Four firm is seeing growth across geographic regions and service areas.

The firm saw year-over-year growth of 10.1 percent, up from 8.3 percent growth in 2018.

Hourly earnings grew 3.11 percent among employees of small businesses in November, the highest level since at least 2011.

Private sector employment growth slowed down in November, according to payroll giant ADP.