Industries

The Trump administration dropped a two-year-old accounting probe into Exxon Mobil Corp.’s valuation of its reserves and public disclosures about climate change, while inquiries by two Democratic-led states continue.

Experts demystify the very young and evolving industry, and share advice on how to work with potential clients in the business.

A new, Republican-led effort to tax carbon dioxide emissions isn’t likely to make it to a vote in the House of Representatives anytime soon — but opponents aren’t taking any chances.

Motion picture and TV production tax incentives should be incorporated in the tax planning process to lower the cost of production.

Despite the uptick in interest rates, an improved economy may lead to a resurgence of interest in vacation or second homes.

Poor record-keeping meant the owner couldn’t document sales of non-marijuana merchandise.

The Internal Revenue Service is extending incentives for solar power and other clean energy sources by as long as four years.

The Governmental Accounting Standards Board has issued guidance outlining the accounting requirements for interest costs incurred before the end of a construction period.

A company that provides training to legal marijuana businesses and their bookkeepers has extended its reach to 26 states.

The omnibus appropriations bill that lawmakers are expected to approve ahead of a Friday deadline to avoid a government shutdown includes extra money for the Internal Revenue Service to implement the Tax Cuts and Jobs Act, while changing a provision in the TCJA that advantaged farm cooperatives over other types of grain companies.

The Internal Revenue Service said Friday it’s ready to process tax year 2017 returns claiming four additional tax benefits recently renewed retroactively into law, including tax breaks related to energy conservation and production.

Two trade groups representing farmer cooperatives and feed producers have reached an agreement to resolve a technical problem in the Tax Cuts and Jobs Act, with the support of Republican leaders in Congress who hope to include the provision within a larger appropriations bill.

The electric-car maker's corporate controller has left, the latest in a string of management exits.

The comedian took a gentle swipe at PricewaterhouseCoopers during Sunday night’s Academy Awards telecast.

The firm has expanded its public housing authority practice by acquiring a Valley Forge, Pa.-based accounting and consulting business that focuses on servicing the affordable housing industry.

The IRS is reminding farming and fishing taxpayers of a helpful rule.

President Trump signed into law H.R. 1892, the Bipartisan Budget Act of 2018, just hours after the Senate passed the bill by a vote of 71-28 and the House by a margin of 240-186 this month.

Oil companies that have claimed more than a billion dollars in tax credits for burying carbon dioxide underground just got a windfall from Congress, which expanded that incentive as part of the government spending bill signed into law on Friday.

The Internal Revenue Service is giving homeowners whose homes were damaged by deteriorating concrete foundations more time on a safe harbor it issued last year.

President Trump just signed and enacted a two-year budget bill that extends government funding through March 23 and also retroactively extends numerous tax breaks that had previously expired.