Finance

Talks continued on issues like a fix to the new tax law with just days remaining for House and Senate votes to avert a third shutdown this year.

The Internal Revenue Service’s announcement that it plans to issue regulations clarifying the limitations on carried interest aims to head off a flurry of activity aimed at getting around a provision of the Tax Cuts and Jobs Act.

A private equity firm has acquired the family-owned Petz Enterprises' professional tax software business.

Sen. Sheldon Whitehouse and Rep. Lloyd Doggett have proposed legislation in the House and Senate to ensure multinational companies pay the same tax rate on profits earned abroad as they do in the U.S., to counter some of the effects they claim from the Tax Cuts and Jobs Act that Republicans passed last December.

The Financial Accounting Standards Board issued a proposal Tuesday to expand the list of benchmark interest rates allowed for hedge accounting.

PricewaterhouseCoopers signed an agreement Wednesday to sell its U.S. Public Sector business to the private equity firm Veritas Capital.

Monday’s stock-market plunge is unlikely by itself to make a significant dent in a U.S. economy that’s enjoying solid gains in spending and hiring, though it has the potential to rattle consumer sentiment, which soared after the November 2016 election.

CBIZ, Inc. has acquired Laurus Transaction Advisors LLC, a Denver-based business that provides buy-side and sell-side financial and accounting due diligence services for M&A transactions to private equity firms along with public and private companies, effective Feb. 1, 2018.

Economic confidence in the U.S. rebounded strongly in the fourth quarter of last year, according to a new survey by the Association of Chartered Certified Accountants and the Institute of Management Accountants.

Now that Republicans in Congress have released their final tax bill, two big questions remain. What will companies do with all that cash, and who will benefit the most?