Economy

Experts warn the proposals on qualified business income of pass-throughs are complicated, though.

The American Institute of CPAs requested immediate guidance Monday from the Internal Revenue Service and the Treasury Department on various provisions of the Tax Cuts and Jobs Act related to S corporations.

Bankers, athletes and celebrities are suing Ingenious Media Holdings Plc, saying that they were misled about investments in the film industry that were later branded tax avoidance by the U.K. government.

From a CPA’s perspective, the thing your clients value most is not a spreadsheet, financial statement or tax return; it’s the clarity you give them that helps them make better financial decisions.

Before a business can be acquired, the seller must position and prepare their business for a high valuation from a potential buyer.

Accountants have the opportunity to enter a burgeoning market where they can access a new realm of clients in dire need of help.

Are you telling your clients and potential new clients what you do, or are you explaining to them why you do it?

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?