Billions from Trump tax cuts supercharge fossil fuel sector

Oilmen, wildcatters and particularly refiners are reaping billions in gains from President Donald Trump’s tax overhaul, helping boost the staying power of old-style energy even as the world searches for cleaner fuels.

People on the move: Crowe Horwath reappoints CEO Jim Powers

CohnReznick promotes nine to principal and partner; Schenck adds two shareholders; and other recent hires, promotions and personnel news from firms across the country.

Farewell to "The Spirit of Accounting"

Professors Paul Miller and Paul Bahnson bid farewell to their column after 20 years.

Firms on the move: Illinois CPA Society hosts internship prep

Withum names seven recipients of annual Strength Awards; RSM grants $90K for employees to ‘Pursue Your Passion;’ and more news from CPA offices across the country.

Client investments: Planning, overseeing or managing?

Your firm needs to decide how far it wants to go with its financial services.

Ernst & Young adds digital design firm Citizen

Ernst & Young has merged in Citizen, a digital design firm based in Portland, Ore., which will become part of the Big Four firm’s consulting business on the West Coast.

Country music losses limited by hobby loss rule

The widow of a country music producer who continued to operate, at a loss, an establishment to encourage songwriters was not able to deduct her losses in excess of her income from the activity.

Trump plugs tax cuts in State of the Union

President Trump touted the benefits of the new tax cut law in his State of the Union address, although experts questioned some of his claims.

Young professionals most satisfied at large firms, but seek changes

A new report from the ACCA found that newer staff crave more work-life balance and career advancement.

ADP finds private sector added 234,000 jobs in January

The private sector added a robust 234,000 jobs in January as wages increased, according to payroll giant ADP, on the heels of the passage of the Tax Cuts and Jobs Act and minimum wage hikes in some states and cities.