Economy

Hourly earnings growth for employees slid to their lowest level since the middle of 2021, according to Paychex.

The global accounting network will have a combined $5 billion in revenue, 40,000 employees and nearly 1,800 partners in 103 different countries.

Plus, Bennett Thrasher launches new division; MACPA graduates 20 from 2024 Leadership Academy; and more news from across the profession.

If marijuana is reclassified, lots of businesses may want to reconsider their structure.

The new firm will be led by KPMG's U.K. CEO, Jon Holt, while Stefan Pfister, currently the boss of the Swiss arm, will become deputy CEO.

Plus, Connecticut Society of CPAs installs new board; CohnReznick establishes merger integration and carve-out services practice; and more news from across the profession.

IRS errors; hiring your kids; investment fund audits; and other highlights from our favorite tax bloggers.

Katz, Sapper & Miller is adding Cassady Schiller; Eide Bailly merged in Edward White & Co.; Forvis plans to acquire ConTech360; and Avantax acquired GA Investment Management.

These investment vehicles present obstacles that require a deep understanding of the real estate industry and robust financial expertise.

Association for Accounting Marketing distributes slew of awards at annual AAM Summit; VSCPA announces officers and board of directors; and more news from across the profession.

The measures include expanded tariffs, tax policy guidance that could heighten demand for some U.S.-made solar equipment and promises of heightened vigilance for signs of unfair trade.

Old IRS tech; lead, don't manage; an MP want-ad; and other highlights from our favorite tax bloggers.

Eide Bailly admits 24 partners; MGI Worldwide adds new member firm; and more news from across the profession.

Rescheduling cannabis; the outsourcing question; medical deductions in retirement communities; and other highlights from our favorite tax bloggers.

The board released a report highlighting special auditing considerations in the commercial real estate market.

The pace of small-business job growth slackened in April, but hourly earnings ticked up to 3.34%, ending a nearly two-year slowdown, according to Paychex.

Financial leaders need to set clear goals and timelines, explore ownership transfer options and conduct a comprehensive business valuation.

The Treasury released guidance on the tax credit available for producers of sustainable aviation fuel, a measure established as part of Biden's landmark climate law.

The bank successfully fought off a London court claim brought by investors over tax breaks linked to financing for 'Pirates of the Caribbean 2.'

What to do next month; White House returns; taxing AI; and other highlights from our favorite tax bloggers.