Economy

Up in smoke; contingency planning; disaster strikes; and other highlights from our favorite tax bloggers.

Price, Reuben, and Associates, an advisory firm based in Calabasas, California, will join the Top 25 Firm's restaurant advisory practice.

The report highlights the PCC's accomplishments and activities from the year, its agenda priorities, stakeholder engagement and strategy moving forward.

PCC chair Jere Shawver is on a mission to increase awareness of the group that represents the perspectives of privately held companies on accounting standards.

The IRS changed the submission process for groups that intend to operate as 501(c)(4) tax-exempt organizations, requiring them to submit forms through Pay.gov.

The global network of independent accounting, audit, tax and consulting firms surpassed $1 billion in total revenues for the first time last year.

Here's a tip; what a relief; established client base; and other highlights from our favorite tax bloggers.

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.