Economy

RSM US chief economist Joe Brusuelas gives his predictions in this video for the 2017 U.S. economy and middle-market businesses.

The Federal-Level Research and Development Tax Credit Program, or RTCP, was originally enacted in the Internal Revenue Code through the Economic Recovery Tax Act of 1981 as a temporary provision at a time when research and development jobs were significantly declining throughout the United States.

RSM US chief economist Joe Brusuelas talks in this video about the impact of a tax overhaul on growth.

Accounting firms need to start exploring the global opportunities that are becoming available to them.

Joe Brusuelas, chief economist at RSM US, discusses in this video the three major trends that accountants and their clients should be paying attention to in 2017.

The American Institute of CPAs is asking the Internal Revenue Service to simplify the regulations and make them less of a burden.

Moore Stephens Doeren Mayhew has merged with Emerson & Partner U.S. Tax GmbH, a firm based in Zurich, Switzerland, effective Jan. 1, 2017.

Chief financial officers predict less gridlock in Congress on tax reform, according to a new survey by Deloitte.

Employment gains slackened somewhat at the end of the year, and fell in certain production industries.

Small business employment growth bounced back last month, according to payroll giant.

Alphabet Inc.’s search engine company saved billions worldwide taxes by moving 14.9 billion euros ($15.5 billion) to a Bermuda shell company, new regulatory filings in the Netherlands reveal.

The IRS announced that one of its filing pages for nonprofits will be closed for maintenance over the next few weeks.

Apple Inc. has set up a court battle with European Union competition watchdogs who ordered Ireland to claw back a record 13 billion euros ($13.6 billion) in unpaid taxes.

Tax policy plays a major role in the incoming administration’s plans to boost the U.S. economy in 2017 and beyond, but they’ll need to pursue it carefully, according to Joe Brusuelas, chief economist at the Top 5 Firm.

The Top 10 accounting firm funds program at Lynn Pippenger School of Accountancy; the Bonadio Group announces unlimited paid time off; plus a roundup of other news from firms across the country.

The U.K. Serious Fraud Office dropped its case against former Tesco Plc group commercial director Kevin Grace without charges, a sign the prosecutor may be getting close to ending its probe into accounting practices that caused the grocer to overstate its profit by as much as 326 million pounds ($407 million).

Federal Reserve's interest rate hike could have an impact on tax reform.

The Public Company Accounting Oversight Board is disciplining Deloitte Accountants NV, imposing a civil monetary penalty of $300,000 on the Netherlands member of the Deloitte Touche Tohmatsu Limited network.