Michael Cohn

The Internal Revenue Service and the Treasury are giving investment brokers more time to report information on transactions involving digital assets such as cryptocurrency.

The International Ethics Standards Board for Accountants is focusing more on sustainability-related issues.

The lower threshold threatened to generate millions of new forms going out to unsuspecting taxpayers and their accountants.

The Securities and Exchange Commission voted to approve the Public Company Accounting Oversight Board's 2023 budget and annual accounting support fee ahead of the holidays.

The Internal Revenue Service is responding to feedback on its draft form and instructions for Schedule UTP for reporting uncertain tax positions by making some changes for next tax season.

Plus, the Institute of Internal Auditors expressed serious concerns about a recent board proposal on audit confirmations.

The Internal Revenue Service's Exempt Organizations unit needs to change its procedures and training when deciding whether to deny tax-exempt status to charities, according to a new report.

The service released a set of FAQs about recent changes to tax incentives for energy efficient home improvements and residential clean energy property.

The Internal Revenue Service won't meet its goal of catching up on its backlog of millions of unprocessed tax returns by the end of this year.

The accounting sector had the highest overall growth rate for bonuses this year in the professional services space, increasing 9.4%.

The Financial Accounting Standards Board is extending the period of time to use its LIBOR-to-SOFR relief guidance.

BDO USA added its first diversity, equity and inclusion officer earlier this year as accounting firms and other organizations try to improve their recruitment of employees from wider backgrounds.

The new standard for audit confirmations would replace an interim standard that hasn't changed for two decades.

The Treasury Department announced a timeline for offering more information on some of the main tax provisions of the Inflation Reduction Act.

The board released its latest inspection reports on Deloitte & Touche, PricewaterhouseCoopers, KPMG and Ernst & Young, plus BDO USA and Grant Thornton.

Withum added Martinez & Associates; Fandl and Gagnon combined; and Whitley Penn and Elliott Davis called off their merger.

The Committee of Sponsoring Organizations of the Treadway Commission selected Lucia Wind, vice president of internal audit at the technology company Unisys, as its next board chair, succeeding Paul Sobel, for a three-year term starting Jan. 1, 2023.

The agency plans to return to pre-pandemic levels of service next filing season.

Much of the money is going toward improving employees' technology and leadership skills.