Michael Cohn

The Internal Revenue Service issued guidance on how educators can deduct out-of-pocket expenses for personal protective equipment to safeguard teachers in the classroom during the pandemic.

A record number of CFOs in S&P 500 companies stepped down last year, partly due to the turmoil facing their companies from the coronavirus pandemic.

The unemployment rate declined in January to 6.3 percent as employers added some jobs in the midst of the pandemic.

UHY LLP, a Top 100 Firm based in Farmington Hills, Michigan, has expanded its presence in Ann Arbor by adding Pietrasiuk, Kelley & Kelley P.C.

The American Institute of CPAs is asking the Small Business Administration to fix some problems that businesses are encountering when applying for loans from the Paycheck Protection Program.

Five international tax enforcement heads, including from the Internal Revenue Service’s Criminal Investigation unit, have been meeting this week to discuss their joint initiatives for combating tax evasion.

Coronavirus-related government policies and regulations that could affect business performance ranked as the top risk cited by board members and C-suite executives, according to a new survey.

The International Financial Reporting Standards Foundation may present a proposal to the United Nations in November for setting up a global sustainability standards board.

The private sector added 174,000 jobs in January, according to payroll giant ADP, despite the economic fallout and business closures from the COVID-19 pandemic.

The Public Company Accounting Oversight Board released its annual inspection reports Tuesday for the Big Four firms, along with eight other firms that are inspected each year.

EisnerAmper, a Top 20 Firm based in New York, has expanded in Texas by merging in Goldin Peiser & Peiser, a firm headquartered in Dallas.

Hiring and wages at small businesses ticked upward slightly last month despite the ongoing economic fallout from the COVID-19 pandemic.

The Small Business Administration issued some preliminary guidance on how a new federal program to provide help to hard-hit playhouses, movie theaters, museums and other venues will work.

The chairs of corporate audit committees want to hear more regularly from auditors, but they’re also concerned about “over-auditing” and “over-documentation,” according to the Public Company Accounting Oversight Board.

The Internal Revenue Service is clarifying its guidance on provisions of the coronavirus relief legislation providing tax credits to employers offering paid sick leave and family leave to workers.

Senators and House members introduced legislation to help taxpayers survive the pandemic, with tax credits for developers revitalizing homes in “distressed” neighborhoods and enabling small businesses to pay essential expenses.

The Internal Revenue Service is advising taxpayers who received a Form 1099-G for unemployment benefits they never got to contact their state because their identity may have been stolen.

The coronavirus pandemic has hit revenues at most companies around the world, but almost none of them feel that they're lagging behind their competitors.

The Financial Accounting Standards Board released an accounting standards update Thursday, giving franchisors a practical expedient way to determine their performance obligations under a franchise agreement.

Colleges and universities that changed from for-profit businesses into tax-exempt nonprofits are prompting questions about the continuing involvement of former owners and officials.