Economy

Many U.S. multinational corporations have packed up or are choosing to open subsidiaries in low-tax, rather than no-tax, countries that are seen as more legitimate than the formerly popular island destinations of the Cayman Islands and the Bahamas.

Every year I speak with CPAs who bemoan the chaos and rush to file taxes for many of their business clients.

Federal and state governments are not yet “on the same page” with respect to all aspects of the tax and legal treatment of marijuana.

One of the Big Four accounting firms has taken a welcome step to improving the credibility of the financial statements published by London-listed companies.

States need to consider a wide range of factors in looking to set tax rates on legalized pot sales.

A new survey by the International Federation of Accountants examines trends in 150 countries.

Small businesses are having a difficult time finding qualified employees to fill the open slots.

The executive must attend to a close family member who has recently learned of significant health challenges, a spokeswoman says.

Election day tax choices; 199A decisions; data mining; and other highlights from our favorite tax bloggers.

Pay rose a moderate amount, but job growth at smaller companies slowed slightly.

Late regs and guidance notwithstanding, there are lots of TCJA-related steps taxpayers should take before Dec. 31.

Tax pros and regulators are wrestling with the complexities of this part of the Tax Cuts and Jobs Act.

The Institute of Management Accountants has a memorandum of understanding with the Association of Latino Professionals for America.

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.