Economy

Many firm owners are not too ambitious and do not want to grow.

The new leadership was recognized at the organization’s National Conference in Florida.

Guidance on the Tax Cuts and Jobs Act's pass-through deduction could cause problems for selling sports franchises.

The American Institute of CPAs presented testimony Tuesday during a hearing conducted by the Treasury Department and the Internal Revenue Service about the proposed regulations for implementing the qualified business income rules under the Tax Cuts and Jobs Act.

Sacha Romanovitch will not stand for re-election for a second term and will step down after a successor is appointed before the end of this year.

When contemplating a 1031 exchange, one of the most commonly overlooked issues by investors is state taxation.

The tax law gave a last-minute windfall to commercial property owners such as President Donald Trump. But regulations proposed by the Internal Revenue Service could diminish the benefit.

Global economic confidence among accountants declined sharply in the third quarter, reaching its lowest level since early 2016, according to a survey released Thursday by the Association of Chartered Certified Accountants and the Institute of Management Accountants.

A dispensary owner becomes the first person sentenced for marijuana-related tax crimes.

A competition watchdog started investigating the industry a day after another regulator said it was considering banning firms from doing consulting work for the companies they audit.

An effort to put a tax on carbon dioxide emissions just won an unlikely underwriter: a top producer of oil and gas.

The society's 9th annual event saw almost 1,500 professionals volunteer in local communities.

KPMG South Africa is seeking a chief executive officer from outside the auditing firm to rebuild trust after becoming embroiled in a series of scandals that cost the organization a number of high-profile clients.

The new revenue recognition standard doesn’t only affect publicly traded corporations and large privately held companies. It could have an impact on small businesses, particularly if they hope to obtain bank loans next year.

Retired Air Force General Janet C. Wolfenbarger is bringing her skills to the Big Four firm as it faces scrutiny over audits.

When entering a new market, there’s always the need for local knowledge.

Paychex reported slight gains last month in employment and wage growth at small businesses, as the tight labor market appears to be holding back more robust growth.

Hiring kept up its robust pace with the help of tax cuts.

The Leading Edge Alliance appointed Erica Ishida to the newly created position, where she will work with Karen Kehl-Rose, who will retire at the end of the year.