Economy

Even though the Internal Revenue Service approves 94 percent of the 501(c)(3) applications it receives through the simplified Form 1023-EZ, approximately a quarter of them do not pass the test.

The American Institute of CPAs is asking the Internal Revenue Service and the Treasury Department to issue regulations on the expansion of the R&D credit for startups.

FASB's current expected credit loss standard represents a major challenge for financial institutions -- and other businesses, too. Moody's Analytics' Chris Henkel discusses what it means.

This year, tax reform could give U.S. companies access to hundreds of billions of dollars they have stashed overseas. Many corporations can’t wait that long.

Year gets off to a strong start, although the unemployment rate ticked up one-tenth of a percent to 4.8 percent as more people returned to the workforce.

Combined revenue at member firms increases to $3.2 billion, while the number of partners and staff increased 8.9 percent.

Confidence in the U.S. economy among business leaders has climbed sharply in the wake of the presidential election, according to a new survey from PricewaterhouseCoopers.

The Internal Revenue Service has added help icons to reduce error rates.

Employment gains signal a positive start for the year, though uncertainty remains over new administration's policies.

The positive sign for the start of the year augurs well for business clients, though uncertainty remains.

The Financial Accounting Standards Board recently released a new accounting standards update on consolidation for not-for-profit entities. Lee Klumpp, director in BDO’s Institute for Nonprofit Excellence, discusses the implications for organizations and how they are dealing with the other new rules FASB issued last year for nonprofits.

U.K. software company Sage Group Plc is opening a review of its global payments business, while also considering a sale of its U.S. payments arm.

The firm network achieved total global gross revenues of $3.7 billion in the year ending Dec. 31, 2016.

The Better Business Bureau Northwest is sounding the alarm about a new email phishing scam targeting users of Intuit’s QuickBooks accounting software.

The broker-dealer has named former Fidelity RIA chief Bob Oros as the long-time veteran's successor.

Accounting software for small and medium businesses integrates with popular online productivity suite.

Keeping up with regulations requires expert guidance, leading many clients to turn to their CPA.

Association of Chartered Certified Accountants and the Institute of Management Accountants found accountants abroad and in the U.S. diverging on economy.

Even as someone who lives and breathes compliance and regulatory issues, it’s easy to get overwhelmed by the many changes that happen each year.