Economy

By the time they realize it's too hard to do in-house, it may be too late.

The professional and business services sector, which includes accounting and tax preparation along with other services, lost 30,000 jobs, ADP reported.

Minimum wage increases in some states and localities helped boost payrolls a small amount in February at small businesses, according to Paychex.

Crowe Global reported revenues of $6.5 billion in 2025 across its international accounting firm network, a 12% increase year over year.

Forvis Mazars reported its combined revenue globally for fiscal years 2024-25 reached $5.7 billion, or about 11% year-over-year growth.

Haefele Flanagan acquired Durham, North Carolina-based Mig Murphy Sistrom, strengthening its nonprofit practice.

If you have business clients who are considering changing their LLCs or C corporations into S corporations, now is a great time to discuss the pitfalls.

The Trump administration's interim guidance on clean energy tax credits offered some relief to the industry by laying out a manageable path for new projects.

The Trump administration issued new guidance on the use of foreign materials and components in U.S. clean energy projects.

The IRS and Treasury plan to propose regulations restricting energy-related tax credits when "prohibited foreign entities" provide material assistance.

Small business owners are losing the equivalent of 33 working days a year due to financial stress, according to a report from Xero.

The tax-filing season for individuals just opened recently, but businesses already got a head start on various tax incentives in the One Big Beautiful Bill Act.

The Public Company Accounting Oversight Board posted a staff report on testing transactions between broker-dealers and related parties.

Small business job growth and wage growth last month largely followed the same pattern as late last year, payroll company Paychex reported.

The Internal Revenue Service and the Treasury released proposed regulations on the clean fuel production credit under the One Big Beautiful Bill Act.

A complicated kind of debt deal is ­electrifying the muni market these days: prepaid energy bonds.

Thomas Unsworth, a CPA from East Naples, Florida, pleaded guilty in a federal fraud probe of Oakes Farms Food & Distribution Services. 

Knowing exactly who you serve — and why — is becoming one of the most powerful competitive advantages a small firm can develop.