Michael Cohn

A former IRS employee pleaded guilty to tax evasion after the IRS accused him of filing false tax returns and providing fabricated records in an effort to obstruct a tax audit.

The Internal Revenue Service updated its frequently asked questions page with new and updated information about the exclusion provided under the American Rescue Plan Act of 2021 of up to $10,200 in unemployment income for 2020.

Anders CPAs + Advisors acquires Summit CPA Group; and EGP merges in Henry & Kell.

The Internal Revenue Service released a revenue ruling that updates the rules for the tax return disclosure restrictions for government employees in light of the Taxpayer First Act.

The Internal Revenue Service needs to do a better job of administering the partial payment installment agreements it offers to taxpayers with delinquent tax debts as many of them end up defaulting, according to a new report.

UHY Advisors chairman and CEO Steve McCarty has presided over the firm growing its revenue in the past two years by approximately 25%, from $181 million to $225 million, as the firm also pursues merger deals.

The commission unveiled an eagerly awaited proposed rule on climate risk disclosures that public companies would need to start including in their registration statements and periodic reports.

The Public Company Accounting Oversight Board issued a Spotlight publication Monday containing some observations and reminders for auditing firms about relying on outside service providers for electronic audit confirmations.

Lawmakers are asking the Internal Revenue Service to expedite the processing of Employee Retention Tax Credits and not to penalize small businesses for incorrectly paying their estimated quarterly taxes as they await their claims.

Internal Revenue Service Commissioner Charles Rettig pledged to do more to improve taxpayer service after Congress approved a $675 million funding increase.

Nonprofit organizations are dealing with shortages in both their funds and staffing levels as the impact of the lingering pandemic and surging inflation continues to weigh on donors.

The Top 20 Firm is adding an accounting and advisory firm headquartered in Manhattan.

Additional reasons for uncertainty in 2022 include surging inflation, interest rate increases, war in Europe, global minimum taxes and the continuing pandemic adding to worries.

The service has added more forms, publications and other information in Spanish Braille and other languages.

The IIA is repositioning to embrace areas like environmental, social and governance reporting and other issues.

A bipartisan group of 100 lawmakers in the House and Senate wrote a letter to IRS Commissioner Charles Rettig asking him to provide further relief to taxpayers who have been receiving warning notices from the IRS this tax season.

Deloitte has been helping a growing number of startups go public through initial public offerings and special purpose acquisition companies in the past two years, but a recent poll suggests the appetite may be growing more cautious.

A new report reveals that the service met only 67% of its hiring goals for last year in a key area.

Weaver, a Top 40 Firm based in Houston, is expanding its presence in New York City by adding Levine & Seltzer, effective April 1.

The board is reportedly making progress on talks with Chinese authorities on enabling access to inspections of local firms.