Economy

Grant Thornton Advisors is adding Grant Thornton New Zealand to its multinational platform, extending its reach into the Asia Pacific region.

Davide Campari-Milano NV shares fell after Italian prosecutors ordered the seizure of around €1.3 billion ($1.5 billion) in shares from the holding company that controls the drinks maker.

Responding — or not — to jurisdictions' notices; pitfalls of growth; e-invoicing; and other highlights from our favorite tax bloggers.

Growth is not a one-size-fits-all approach. It's also complicated, particularly for small accounting firms.

PricewaterhouseCoopers reported its global gross revenues for fiscal year 2025 increased 2.9% in U.S. dollars.

U.S.-based oil and gas giants like ExxonMobil, Chevron and Conoco Phillips are paying billions of dollars more in taxes in other countries.

RSM US and RSM UK partners approved a new transatlantic partnership structure in a nearly unanimous vote, effective Jan. 1, 2026.

A new international accounting standard for nonprofit organizations has emerged, drawing on the work of established standard-setters.

Netflix had to pay about $619 million to settle a multiyear tax dispute with Brazilian authorities going back to 2022.

The doubling of California's film and TV tax credits to $750 million a year is showing promise in bringing production back to the state.

Video game developers are benefiting from research and development tax credits and recent changes in the rules for deducting R&D expenses.

Family Office of America's Maryland subsidiary acquired Maryland-based CPA firm Toone & Associates — the latest example of family offices entering the accounting space.

Shutdowns and tax obligations; 529 money and the CPA exam; gig questions; and other highlights from our favorite tax bloggers.

The former long-time head of the American Institute of CPAs has been named chair of the global accounting network.

Family-office-backed accounting firm platform Elevate announced its acquisition of San Mateo, California-based Gilmore Advisors, which was effective Sept. 1.

Chicago-based CPA firm DSWD received an investment from 119th Street Capital, a family office based in Indiana that invests in privately owned financial service firms.

Shutdowns and tax obligations; 529 money and the CPA exam; gig questions; and other highlights from our favorite tax bloggers.

Small businesses with fewer than 50 employees maintained steady job growth and hourly earnings growth this past month, according to payroll company Paychex.

The One Big Beautiful Bill Act is abruptly curtailing the $7,500 tax credit for new electric vehicles and $4,000 for used EVs.