Industries

New York lawmakers approved a budget that allows for tolls on cars entering midtown Manhattan, increases sales taxes on multimillion-dollar city homes and ushers in a statewide ban on single-use plastic bags.

The deduction has been a valuable tax planning tool for architects, engineers and building owners, but it never spurred energy efficient design.

Reps. Terri Sewell, D-Ala., and Tom Reed, R-N.Y., and Senators Ben Cardin, D-Md., and Roy Blunt, R-Mo., have introduced bipartisan legislation to make the New Markets Tax Credit permanent, in an effort to encourage private investment in low-income rural communities and urban neighborhoods.

New York Assembly Speaker Carl Heastie added momentum to the idea of taxing non-resident owners of multi-million dollar apartments as a way to help pay for billions of dollars of regional transit improvements.

Accounting firm RoseRyan has created a consultancy called Kukuza Associates to focus on servicing businesses in the growing cannabis market.

The new standard adjusts the way companies account for the production costs of films and episodic content produced for TV and online streaming services.

The program encourages the private sector to diversify their investment portfolio while revitalizing urban and rural districts that face economic challenges.

The Committee of Sponsoring Organizations of the Treadway Commission is issuing new guidance amid heightened regulatory scrutiny of the health care sector.

A senator and a representative from Oregon aim to bring state and national cannabis laws into greater alignment.

City Council members thrashed the retailer for its resistance to unions, working conditions at warehouses and its founder’s wealth.

A New York state lawmaker has introduced a bill that would make President Donald Trump’s “opportunity zones” tax break less valuable to real estate developers.

With no technical corrections yet for the Tax Cuts and Jobs Act, many taxpayers are left wondering how to move forward with their 2018 returns.

Many business owners and entrepreneurs are looking to realize value from the companies they've created, but don't know how, says Anthony Glomski, who sees a major role for accountants in guiding these clients through a liquidity event.

The software company will be folded into the firm's technology consulting division.

A New Jersey Society of CPAs poll found that just over half of local professionals support adult-use cannabis, while close to half see it benefiting the state's economy.

Signs are emerging that some disgruntled taxpayers are jumping at the chance to cut their taxes by moving to the Sunshine State.

There’s no lack of optimism among officials who hope to jump-start local economies, thanks to a provision in the Tax Cuts and Jobs Act.

The risks are lower than many accountants think -- and the rewards are greater.

The Top 100 Firm is adding a research firm that studies relations between automobile makers and their suppliers.

The good news is that under the Tax Cuts and Jobs Act, QLI is superseded by QIP.