Michael Cohn

A fintech company that handles bookkeeping and accounting operations for small and midsized businesses has acquired a cloud-based bookkeeping service from KPMG.

Audit committees are including more disclosures within proxy statements, but there's a disconnect between what investors expect and what companies are willing to disclose.

With inflation at nearly a 40-year high, the Internal Revenue Service said interest rates will increase for the calendar quarter starting Jan. 1, 2023.

Small businesses saw little change in their month-over-month hiring rates and hourly earnings growth, but the number of hours worked by employees rose, according to payroll giant Paychex.

Weiss & Co. adds Weitzman; and BST & Co. merges in O'Connor & O'Connor.

A group of House lawmakers on both sides of the aisle is pushing to expand the Low-Income Housing Tax Credit as the supply of affordable housing remains tight.

The Government Accountability Office wants the agency to use the extra $80 billion it's getting from Congress to improve compliance.

The Internal Revenue Service issued its annual notice on the amendments needed for retirement plans for employees of schools, tax-exempt organizations and ministers.

The Internal Revenue Service is cautioning taxpayers to beware of the newly lowered threshold if they received payments amounting to as little as $600.

Todd and Julie Chrisley, stars of the long-running cable TV series "Chrisley Knows Best," received prison sentences of 12 years and seven years, respectively, on tax evasion and bank fraud charges.

The Top 40 Firm is expanding in the Windy City with its latest deal.

The Financial Accounting Standards Board is proposing a new chapter in its conceptual framework on recognition and derecognition of items in financial statements.

A provision imposing a 1% excise tax on corporate stock buybacks in this year's Inflation Reduction Act is likely to have an impact on the use of special purpose acquisition companies.

The Public Company Accounting Oversight Board proposed significant changes in the requirements for firms' QC systems, modernizing standards in place for decades.

The hybrid work model that has come into wider use since the pandemic can help organizations with diversity, equity and inclusion initiatives.

UHY plans to merge in PHB CPAs; Sikich acquires Accelerated Growth; McCarthy & Co. buys Frank Leonard & Associates; Maner Costerisan merges in Hall & Romkema.

The Bonadio Group is helping its business clients with outsourcing and nonprofit clients with technology to help them deal with rampant inflation.

The International Federation of Accountants named Asmâa Resmouki of Morocco as its first president from the Middle East and Africa and its third female president, to serve a two-year term.

The independent investment advisory firm that spun off from RSM US earlier this year is buying Cherry Bekaert's wealth management business.

A survey from the CAQ asked auditors about the trends they're seeing at public companies.