Inflation

President Joe Biden ignored worse-than-expected U.S. inflation data that roiled markets during a planned celebration for his signature climate-and-tax law.

The highest inflation rate in decades is likely to produce major increases on some tax items, according to predictions from Bloomberg Tax.

The Top 20 Firm has been hearing concerns from clients asking how they can reduce costs without laying off desperately needed employees.

AICPA and CIMA found that U.S. executives were more pessimistic than ever when it comes to business growth, hiring and the impact of inflation.

Nearly half of CFOs anticipate a recession by next year, but they're more concerned about inflation than a recession, according to a new survey by Deloitte.

What sets the attractive firm apart from the pack is being entrepreneurial and able to bolster profits for the acquirer.

Declining GDP, inflation surges and labor shortages and supply chain disruptions had deepened economic worries.

The Inflation Reduction Act; latest scams; accountant icons; and other highlights from our favorite tax bloggers.

Despite surging inflation levels and the ongoing labor shortage, less than one-third of top executives plan to offer salary increases to all employees.

GDP declines have firms counseling their clients on how to cope with a worrisome economy.

The former Treasury secretary said that any tax hikes shouldn’t go toward funding fresh outlays.

Economic confidence among accountants and finance professionals in North America has declined to levels seen during the height of the COVID-19 pandemic in 2020.

Good points to the IRS; avoiding partnership; sharpen your marketing; and other highlights from our favorite tax bloggers.

Audit partners in the U.S. see the top economic risks to businesses as inflation, labor shortages, and supply shortages and supply chain disruptions, according to a new survey by the CAQ.

Suspending the federal gasoline tax may sound like welcome relief, but experts warn it could bring mixed results — or even higher gas prices in the end.

Suspending the federal gasoline tax would be a largely symbolic move by an embattled president running out of options to ease pump prices weighing on Democrats’ political prospects.

The president said he’s aiming to decide this week whether to move to suspend the federal gasoline tax.

Business executives who assume their companies are highly trusted by consumers are overestimating their level of trust, according to a new PwC survey.

Oil companies that record a profit margin better than 10% would face a proposed new federal surtax, as Democrats struggle to curb U.S. energy costs and broader inflation.

A group of finance leaders are coping with a steady stream of economic disruptions this year and they’re planning ahead for tax hikes and more.