Economy

While many business operations are jumping on the digital bandwagon, one area lagging in digital adoption is accounting.

A Senate plan to expand taxes on some businesses to bolster Medicare raised alarms about inflation, potentially complicating Democrats’ attempt to pass a broad economic package.

Funding for nonprofit organizations has remained flat or declined this past year, according to a new survey, as they face pressure from inflation and continuing fallout from the pandemic.

Launching a peer-to-peer mentoring group can be incredibly valuable for CPAs.

The IRS and politics — nothing new; AICPA priorities; new blog on the block; and other highlights from our favorite tax bloggers.

Good points to the IRS; avoiding partnership; sharpen your marketing; and other highlights from our favorite tax bloggers.

Citrin Cooperman, a Top 25 Firm based in New York, completed the acquisition of Kingston Smith Barlevi, a Los Angeles-based firm that specialized in the media and entertainment industries.

Small businesses kept adding jobs and increasing wages amid the tight labor market last month, but the pace declined from May, according to payroll company Paychex.

The Top 25 Firm became the latest accounting firm to receive PE funding with a strategic investment for an undisclosed sum from Parthenon Capital.

CliftonLarsonAllen, a Top 10 Firm, is forming CLA Global Limited in collaboration with Evelyn Partners, a U.K.-based wealth management group.

Regardless of whether they have reached retirement age, owners must identify the “why” of exiting their business as a first step. Transitions are often entwined with personal relationships, finances and emotions.

Suspending the federal gasoline tax may sound like welcome relief, but experts warn it could bring mixed results — or even higher gas prices in the end.

The senator's opposition to giving clean-energy developers direct payments may significantly reduce the tax credits they could get from Democrats’ reconciliation package.

Senate Democrats have scrapped a $4,500 bonus tax credit for electric vehicles made with domestic union labor as they seek to wrap up negotiations on a spending deal.

Cash flow management is an indispensable aspect of any business looking to achieve success and profitability; however, many small business owners have very little cash on hand.

Oil companies that record a profit margin better than 10% would face a proposed new federal surtax, as Democrats struggle to curb U.S. energy costs and broader inflation.

IRS statistics paint a picture of how small businesses were impacted by COVID-19 in 2020, and more.

If you're looking for ways to expand your revenue streams, you may be considering offering statutory agent services.

The private sector added a modest total of 128,000 jobs in May, according to payroll giant ADP, but that was after losing 91,000 jobs at small businesses.

Employees at small businesses in the U.S. experienced the 12th month in a row of increases in hourly earnings this May, but the pace of job growth slackened, according to payroll giant Paychex.