Economy

ERC "mills" have come out of the woodwork to lure small business owners into taking a lucrative tax credit they don't qualify for. Here's what advisors need to know.

The Financial Accounting Standards Board is considering a change to address leases that are under the common control of related-party businesses.

The Act provides higher deductions for meeting prevailing wage and apprenticeship requirements.

Kreston Global introduced a Global Transfer Pricing Group, led by David Whitmer, who leads the National Transfer Pricing Practice at Kreston's U.S. member firm CBIZ.

Will the average taxpayer qualify for a larger deduction or credit, or will their eligibility drop?

Her son, Charles, a longtime proponent of the accounting profession's role in sustainability reporting through the group he founded in 2004, Accounting for Sustainability (A4S), is succeeding her on the throne as King Charles III.

The Top 20 Firm has been hearing concerns from clients asking how they can reduce costs without laying off desperately needed employees.

As your firm grows, there's one crucial thing you will need to do: Let go.

Previously rare, 'bargain purchases' in accounting for oil and gas company acquisitions may be more common in the near future.

Hiring in professional and business services and financial activities appears to be slowing.

Forgiveness; great sums of money; shell game; and other highlights from our favorite tax bloggers.

Hourly earnings grew at small businesses this month, but the pace of job growth slackened.

KPMG LLP plans to move its headquarters to Midtown Manhattan's West Side by the end of 2025, reducing its office space by over 40%.

Looking beyond U.S. borders for growth opportunities isn't for every small business, but many are finding success worldwide.

Serving a single family can be a complex — but profitable — niche.

There were signs of improvement in terms of audit engagements and quality control systems.

To expand the affordability of energy-efficient vehicles for U.S. consumers, the law made changes to the tax credit for all-electric cars and hybrid plug-ins.

Cost segregation studies and other methods can help businesses minimize their tax liabilities — and maximize their cash for potential economic difficulties ahead.