Economy

Fighting scope creep; QCDs as the year ends; advising ministers; and other highlights from our favorite tax bloggers.

If the incoming Trump administration eliminates the $7,500 federal tax credits for electric vehicles, that would mean the end of popular leases.

Carr, Riggs & Ingram and PKF O'Connor Davies separately announced they scored funding from investment firms.

Taxes' immediate future; a new retail delivery fee; owners' income; and other highlights from our favorite tax bloggers.

If your clients thinking of buying an electric car or an energy-saving heat pump eligible for federal tax credits and rebates, now might be the time.

Although no Republicans voted for the measure two years ago, some of its incentives, such as tax credits for producing hydrogen and capturing carbon dioxide, are very popular with oil companies and other core GOP constituencies.

NASBA announces 2024-25 board of directors; HCVT adds pair of partners; and more news from across the profession.

Almost 10 months after scandal shook Archer-Daniels-Midland Co., the commodity-trading giant has yet to sort out its accounting.

Archer-Daniels-Midland will amend previous financial statements after uncovering accounting issues, prompting the crop trader to cancel its earnings call.

As private equity floods in, accounting is at the beginning of a great experiment around money and control.

Xero announced the winners of its annual Beautiful Business Fund competition, of which four were based in the US.

Job and wage growth continued at a moderate pace among small businesses in October, likely slowed by the impact of recent hurricanes down south, according to payroll company Paychex.

What looks like a domestic triumph is also a win for America's primary industrial and geopolitical rival.

ISO 42001 is a comprehensive framework concerning oversight of AI management systems in terms of security, ethics and accountability.

Top 50 Firm Schellman recently became the first U.S. firm accredited to certify compliance with the new ISO 42001 AI management standard.

The Internal Revenue Service is looking to boost its historically low audit rates for complex arrangements.

Donald Trump touted his pledge to provide tax breaks for purchasing cars, highlighting that the benefit would only apply to vehicles made in the U.S.

The Biden administration finalized rules for a 25% tax credit for semiconductor manufacturing projects, including solar wafers.

Sax reaches $1 million milestone for annual charity run; Withum adds new ESG offering; and more news from across the profession.

Private equity firm Further Global has taken a minority stake in the Top 25 Firm.