Economy

Chief financial officers in the U.S. are feeling better than ever in the wake of the tax overhaul enacted late last year.

A provision in the budget act could eliminate tax on their excess business holdings.

Despite recent tax cuts and minimum wage increases, some companies may be slackening their hiring and raises.

Highly paid professionals including accountants, investment managers, doctors and lawyers are eyeing a loophole in what’s supposed to be a mom-and-pop benefit of the new tax law as a way to supersize their savings.

The comedian took a gentle swipe at PricewaterhouseCoopers during Sunday night’s Academy Awards telecast.

The Internal Revenue Service’s announcement that it plans to issue regulations clarifying the limitations on carried interest aims to head off a flurry of activity aimed at getting around a provision of the Tax Cuts and Jobs Act.

Former CPA Canada chief Kevin Dancey will succeed Fayezul Choudhury at the end of the year.

The firm has expanded its public housing authority practice by acquiring a Valley Forge, Pa.-based accounting and consulting business that focuses on servicing the affordable housing industry.

A private equity firm has acquired the family-owned Petz Enterprises' professional tax software business.

Tax professionals are looking to the IRS for guidance on the new Section 199A.

U.S. consumer confidence jumped to a 17-year high as optimism about employment prospects grew and Americans began seeing additional money in their paychecks from recently enacted tax cuts, data from the New York-based Conference Board showed Tuesday.

This year may bring a barrage of questions from clients about cryptocurrency. Here's how to be ready for them.

SMBs don’t have the resources to make sense of the changing regulatory landscape, so it's important to help them understand current laws.

The IRS is reminding farming and fishing taxpayers of a helpful rule.

The software maker's results contrast with preliminary data from the Internal Revenue Service.

Payroll giant ADP has teamed up with the online employment site ZipRecruiter to help small businesses find qualified job candidates.

The American Institute of CPAs is sending an urgent request to the Internal Revenue Service and the Treasury Department, asking for “immediate guidance” on the definition of the term “qualified business income” for pass-through entities under the new tax law.

Ceterus has added a forecasting feature to its small business accounting software for franchise owners.

President Trump signed into law H.R. 1892, the Bipartisan Budget Act of 2018, just hours after the Senate passed the bill by a vote of 71-28 and the House by a margin of 240-186 this month.

Wall Street’s fast-money crowd is returning to well-trodden ground to elude Trump-era tax laws: Delaware.