Michael Cohn

The American Institute of CPAs sent its members to visit lawmakers on Capitol Hill to advocate for various bills.

Hourly earnings growth for U.S. workers decelerated to 4.33% in May, while small business job growth declined slightly by 0.04% from April, Paychex reported.

The International Accounting Standards Board added new disclosure requirements with the goal of improving the transparency of supplier finance arrangements.

GOP legislation in the House aims to prevent the U.S. from participating in the multinational tax changes the Biden administration helped negotiate with the OECD.

The International Federation of Accountants teamed up on a report examining anti-corruption corporate reporting around the world.

The service is warning businesses to beware of schemes promoting abuse of the Employee Retention Credit.

The American Institute of CPAs' governing council endorsed a plan to accelerate the number of young accountants entering the accounting profession.

The board is adding a major project on accounting and financial reporting for infrastructure assets to its technical agenda.

The service had paused the notices last year while it tried to catch up on its backlog of unprocessed tax returns.

A pair of lawmakers proposed bipartisan legislation to streamline the tax filing extension process.

Internal auditors are in especially high demand by businesses that have faced recent public failures, according to a new study.

The amendments give companies temporary relief from accounting for deferred taxes arising from the OECD's Pillar Two rules.

Over eight out of 10 firms are offering nontraditional services, according to a new study, and the most successful are posting an average annual growth rate of 29%.

The New York-based Top 100 Firm is marking its centennial this year — and proudly preserving its independence.

Ernst & Young has been trying to recruit more young people to join the accounting profession, but the recent cancellation of plans for splitting the global network has left the firm dealing with uncertainty.

A pair of lawmakers proposed to raise the required threshold for reporting on gig payment transactions from $600 to $10,000.

The CAQ survey found auditing firm partners feeling pessimistic about issues like inflation, cybersecurity risks and greater regulation.

The Internal Revenue Service has deployed more filters to catch a growing number of tax returns filed by identity thieves, but fraudsters are continuing to collect millions of dollars despite those efforts.

A new report looks into tipster hotlines backed by anti-retaliation policies, as allegations emerged about retaliation against an IRS whistleblower.

The service has been giving its employees training in how to deal with active shooter situations, as the agency faces an onslaught of threats.