Michael Cohn

The service posted a fact sheet Friday on tax credits for renewable energy projects under the Inflation Reduction Act.

Global corporations are hoping to fend off requirements for reporting on the amount of taxes they pay in each jurisdiction, while regulators are moving forward cautiously with imposing such rules.

The Internal Revenue Service provided transitional guidance on the 1% excise tax on corporate share repurchases that was part of last year's Inflation Reduction Act.

The Association of International Certified Professional Accountants released an updated set of global guidelines for management accountants.

Part of the point of the follow-up mailing is to clear up any confusion that may have arisen from an earlier mailing.

A pair of senators are reintroducing bipartisan legislation to eliminate gender-specific spousal references in the Tax Code and protect LGBTQ+ Americans from discrimination.

The U.S. Small Business Administration disbursed up to $200 billion in potentially fraudulent EIDL and PPP funds, but that amount was disputed in a separate report by the SBA itself.

Organizations are not making a priority of examining their corporate culture, although some internal auditors are doing that to deter corporate malfeasance, according to a new report.

The board proposed an update to improve the accounting for purchased financial assets, including those acquired in a business combination.

The Top 10 Firm is becoming a professional service corporation instead of a partnership in July, a move that could have a major impact on the finances of its partners and employees.

KPMG is reducing headcount further after earlier layoffs this year, cutting approximately 5% of its U.S. employees.

The payroll and HR technology provider is adding artificial intelligence to its products after hiring the former global head of data science and analytics at Google.

Eide Bailly is adding King & Oliason; Ferrell & Kelly joined Hancock Askew; and Getzel Schiff & Pesce is merging in Kalmus, Siegel, Harris, & Goldfarb.

The board wants to address the greater use of technology by auditors, especially when it comes to analyzing information in electronic format.

The board finalized its first two standards on general requirements for disclosure of sustainability-related financial information and climate-related disclosures.

A look at the people who will be shaping sustainability standards.

Sustainability reporting and the ideas behind it are older than you might think, as this timeline demonstrates.

The new sustainability standard-setter has an ambitious agenda for both the short and the long term.

The Ways & Means Committee voted to release transcripts of interviews with agency employees about an investigation of the taxes of President Biden's son.

Joel Black talks about upcoming guidance to help state and local governments as they struggle to maintain enough revenue.