Economy

When the owner of a financial-services firm in Connecticut saw the U.S. tax overhaul pass in December, capping state and local deductions, he packed his bags. Now he lives in South Florida, soaking up the sun and some serious annual savings.

The Internal Revenue Service provided some long-awaited answers for business owners hoping to dodge the limits on a juicy new tax break.

The Trump administration dropped a two-year-old accounting probe into Exxon Mobil Corp.’s valuation of its reserves and public disclosures about climate change, while inquiries by two Democratic-led states continue.

Paychex reported a continuing decline in the rate of growth in jobs and wages at small businesses in July, a sign that tax reform isn’t boosting the economy as much as the latest GDP numbers suggest.

As the BDO Alliance hits 25, the group highlights the value of making connections across the profession.

Experts demystify the very young and evolving industry, and share advice on how to work with potential clients in the business.

What’s holding your accounting firm back? Chances are it’s not your marketing, your business model or your methods holding your firm captive.

The U.S. Securities and Exchange Commission has sought details from India’s ICICI Bank Ltd. on its accounting and corporate governance practices, people familiar with the matter said.

The American Institute of CPAs has sent a set of recommendations to the Internal Revenue Service and the Treasury Department about the impact of last December’s tax code overhaul on accounting method changes for small businesses.

CountingWorks is an accounting professional marketplace for small businesses.

A new, Republican-led effort to tax carbon dioxide emissions isn’t likely to make it to a vote in the House of Representatives anytime soon — but opponents aren’t taking any chances.

How many times does your target audience need to be exposed to a message before it triggers a response?

Jeb Hensarling and Maxine Waters don’t agree on much but they reached a compromise on a plan for dialing back financial rules that passed the U.S. House Tuesday.

Many tax-exempt groups that participate in politics will no longer be required to disclose their donors to the Internal Revenue Service, the Treasury Department said.

These provisions of the Tax Cuts and Jobs Act offer practitioners big opportunities to help clients.

More than 75 percent of CPAs in New Jersey say the Garden State’s recently enacted budget would have a negative impact on the economy, according to a new survey by the New Jersey Society of CPAs.

The California Society of CPAs marked a milestone Monday, with chairman Lewis Sharpstone saying the organization now has 45,000 members, making it the biggest state CPA society in the country.

When you start marketing your firm using a variety of marketing tactics at once, you will soon realize that all leads are not to be treated equally.

Motion picture and TV production tax incentives should be incorporated in the tax planning process to lower the cost of production.