Economy

The 49-year-old ran the group's Portuguese unit when the alleged acts of corruption, money laundering and tax fraud took place.

The tax lien is a new headache for the luxury retail and real estate tycoon as he tries to stem a flood of insolvencies that have swamped his sprawling empire.

The average pace of job growth in 2023 remained above the growth rate leading up to the pandemic.

Narrower criteria reduced the number of qualifying models from about two dozen. The new rules exclude from the tax credit vehicles that use battery components made by Chinese manufacturers.

Plus, FAF appoints members to Governmental Accounting Standards Advisory Council; PCAOB names next CIO; and more news from across the profession.

Firms of any size can inspire a world-changing culture that starts from the inside of the organization and expands into other spheres of influence.

The company said the city used the presence of its Cruise self-driving unit to tie its tax bill to a portion of its global revenue.

Under the draft proposal from the Treasury Department, hydrogen projects would need to adhere to strict environmental requirements.

The Internal Revenue Service's Exempt Organizations and Government Entities unit has published two new technical guides aimed at nonprofits.

The Internal Revenue Service has updated its frequently asked questions to offer more guidance on what kinds of components can be used in electric vehicles to qualify for tax credits.