Worldwide Employment by U.S. Multinational Enterprises Decreased 0.4 Percent to 43.9 Million Workers in 2023

Washington D.C. – U.S. multinational enterprises (MNEs) experienced a slight contraction in their global workforce during 2023, with worldwide employment falling by 0.4 percent to 43.9 million workers, according to…

The Evolution of Tax Technology Navigating the Risks and Rewards of AI Integration in Global Compliance

The global tax technology landscape is currently undergoing its most significant transformation since the transition from manual ledger entries to enterprise resource planning (ERP) systems. For decades, tax professionals have…

Puerto Rico’s Real Gross Domestic Product Surges 3.0 Percent in 2023, Reversing Previous Year’s Decline

Puerto Rico’s economy experienced a significant rebound in 2023, with its real gross domestic product (GDP) growing by 3.0 percent. This marks a substantial improvement from the 2.1 percent contraction…

Navigating the Complexities of Sales Tax Compliance for Artists and Creative Entrepreneurs in the Modern Marketplace

The rapid expansion of the creator economy has brought unprecedented opportunities for artists to reach global audiences, but it has simultaneously introduced a labyrinth of fiscal responsibilities, most notably regarding…

United States Counties Show Divergent Economic Fortunes in 2024 as GDP and Personal Income Trends Emerge

The economic landscape across the United States in 2024 presented a varied picture, with real Gross Domestic Product (GDP) experiencing growth in a significant majority of counties, while a notable…

2026 sales tax software comparison: Find the right tool for your business

The contemporary marketplace has responded to these challenges with a diverse array of automated software solutions. However, the abundance of choice presents its own set of hurdles for Chief Financial…

U.S. Bureau of Economic Analysis Releases Comprehensive 2024 State-Level Economic Data

The U.S. Bureau of Economic Analysis (BEA) today unveiled its comprehensive annual statistics for 2024, offering a detailed look at real personal consumption expenditures (PCE), real personal income, and regional…

Streamlining E-commerce Operations Through Automated Sales Tax Compliance Systems

The modern e-commerce landscape is characterized by rapid cross-border expansion and an increasingly complex regulatory environment, leaving many digital retailers struggling to manage the administrative burden of state-level tax obligations.…

The U.S. Outdoor Recreation Economy Contributes $696.7 Billion to GDP in 2024, Reflecting Shifting Consumer Preferences and Economic Dynamics

The U.S. Bureau of Economic Analysis (BEA) has unveiled its latest comprehensive report on the nation’s outdoor recreation economy, revealing that this vital sector accounted for a significant 2.4 percent…

Foreign Direct Investment in the U.S. Surges 49.5% in 2025, Driven by Acquisitions and Manufacturing Sector

Expenditures by foreign direct investors to acquire, establish, or expand U.S. businesses reached a substantial $232.2 billion in 2025, marking a significant increase of $76.8 billion, or 49.5 percent, from…