Economy

Sen. Ron Wyden proposes ending existing tax breaks for fossil fuels and creating new incentives for low-and-no carbon energy sources.

Many RIAs can qualify for this lucrative benefit. Here’s what you need to know this tax filing season.

Alvarez & Marsal Taxand names global head of transfer pricing; NATP appoints chapter program manager; and more CPA news.

The IRS announces several leadership appointments; Prager Metis expands in South Florida with Miami office and managing principal; and more CPA news.

The long-awaited aid program aims to help music venues, performing arts groups, nightclubs, movie theaters and museums.

The plan would eliminate subsidies claimed by oil and gas companies and raise levies on corporate polluters.

When choosing a business entity type, general contractors must think about the legal, financial and tax implications.

Illinois CPA Society introduces new board of directors; Grant Thornton releases first installment of new quarterly CFO survey series; and more CPA news.

President Joe Biden is calling for sweeping investment in electric vehicles, renewable power and the electric grid as part of a broad blueprint to bolster the U.S. economy while combating climate change.

The board released an ASU that helps the organizations decrease the complexity of performing a goodwill triggering event evaluation.

Small businesses are recording a significant jump in job growth this month, while weekly and hourly earnings grew as well, according to payroll giant Paychex.

With the passage of so much tax legislation over the past several years, there is tremendous opportunity for savings and planning.

Advisors are urging clients to make tax-planning moves this year to preserve the preferential capital gains rate and turbocharge business deductions.

The clean energy industry is rushing to hitch a ride on President Joe Biden’s emerging infrastructure plan, which could top $3 trillion.

The U.S. Senate approved a two-month extension of a popular U.S. small-business relief program that still has about $79 billion left to distribute, giving companies until the end of May to apply for the forgivable loans.

The Investment Tax Credit and the Production Tax Credit can provide value in the corporate climate under President Biden.

Citrin Cooperman co-founder Niles Citrin announces retirement; BKD names regional managing partner; and more CPA news.

The House voted to provide an extra two months for the Paycheck Protection Program, giving businesses until May 31 to apply for forgivable loans during the pandemic.

Plug Power Inc.’s accounting errors sent shares of the fuel-cell maker plunging on Wednesday, dragging down its peers.

The Small Business Administration pushed back the deferment period for all its disaster loans, including the COVID-19 Economic Injury Disaster Loan (EIDL) program, until next year.