Michael Cohn

Lawmakers introduced two bills that would affect the Child Tax Credit, the Lifetime Learning Credit and marijuana taxes.

The Federal Accounting Standards Advisory Board is looking for volunteers to join a new task force it is forming on climate-related financial reporting.

Corporate tax executives are anticipating changes in government tax requirements over the next two years, but they feel less prepared to deal with them than they did last year, according to a new survey.

The Institute of Internal Auditors unveiled new research during its annual international conference in Chicago this week pointing to changes in the internal audit profession worldwide.

Self-employed people and gig economy workers have been confronting tax challenges this year that didn’t just end with tax season.

Clients should know about Identity Protection Personal Information Numbers to safeguard against data theft.

The ESG standard-setter is merging into the recently formed International Sustainability Standards Board.

Ernst & Young employees were upset to discover their paycheck deposits had been reversed after a glitch at its payroll processing company ADP.

Audits of sportswear retailer failed to highlight possible related party, inventory and website sales risks.

Citrin Cooperman acquired Shepard Schwartz & Harris; MarksNelson bought Integrity Advisory; and CLM is acquired by private investors.

The firm hosted 18 students who learned about accounting, tax and audit careers.

The Financial Accounting Standards Board is considering changes in the transition requirements for its long-duration insurance standard.

A group of Senate Democrats is urging the Internal Revenue Service to extend the filing deadline for people with individual taxpayer identification numbers who have been affected by the massive processing delays at the IRS.

The Internal Revenue Service is being urged to pilot test virtual visits with paid tax preparers through videoconferencing technology as a way to reduce the number of errors in claims for refundable tax credits in a new government report.

Elizabeth Warren and nearly two dozen colleagues in the Senate introduced legislation to enable more taxpayers to file their taxes online for free directly via the service.

Economic confidence among accountants and finance professionals in North America has declined to levels seen during the height of the COVID-19 pandemic in 2020.

While Charles Rettig is scheduled to testify to Congress’s main tax-writing committees, IRS officials offered potential justifications for the unusual audits.

RubinBrown merged in Himes Consulting Group; WA Asset Management acquired BT Wealth Management; and BigTime Software acquired Projector PSA.

Funding for nonprofit organizations has remained flat or declined this past year, according to a new survey, as they face pressure from inflation and continuing fallout from the pandemic.

Dozens of companies in the U.S. are joining a pilot program to test a common electronic invoicing network.