Michael Cohn

Final rules have been released for claiming the rehabilitation credit under the Tax Cuts and Jobs Act.

No matter whether Trump or Biden wins in November, a new survey from PwC indicates taxes may be rising.

Large firms have been reporting revenue increases amid the pandemic.

The AICPA believes taxpayers will be able to avoid penalties if they write “COVID-19” at the top of their return.

The site informs cannabis business owners about their tax responsibilities.

The biggest increase came in the advisory practice, where revenue rose 29.4 percent, followed by tax at 8.8 percent and assurance by 6.0 percent.

Taxpayers can use the rates to substantiate the expenses they can deduct for lodging, meals and incidental expenses.

The COVID-19 pandemic is encouraging various forms of fraud, according to the Association of Certified Fraud Examiners.

The Carbon Disclosure Project, the Climate Disclosure Standards Board, the Global Reporting Initiative, the International Integrated Reporting Council and the Sustainability Accounting Standards Board will work on a common set of disclosures.

The Internal Revenue Service added six more forms to the 10 that support e-signatures.

EY earned a record $37.2 billion in the fiscal year ending June 30.

The Internal Revenue Service plans to mail out letters later this month to an estimated 9 million non-filers, encouraging them to claim their economic impact payments by an Oct. 15 deadline.

The Internal Revenue Service needs to improve how it handles third-party requests for access to taxpayer information and electronic signatures from representatives such as CPAs, enrolled agents and attorneys that could leave taxpayers at risk of identity theft, according to a new report.

Accounting firms are still managing to see increases in their fees and income per partner this year, despite the economic downturn from the COVID-19 pandemic, according to the latest edition of the annual Rosenberg Survey.

The Public Company Accounting Oversight Board updated its research and standard-setting agendas.

Democrats on the tax-writing House Ways and Means Committee introduced a bill to overturn President Trump’s executive action to defer payroll tax contributions, along with a resolution of disapproval that’s being coordinated with Democrats in the Senate.

The jobs report showed signs of economic recovery despite the COVID-19 pandemic, although the number of accounting and bookkeeping jobs declined.

The American Institute of CPAs has received an increasing number of questions on sustainability assurance engagements.

Armour & Associates joins Frost & Company; the Pennsylvania Institute of CPAs acquires CPA Crossings; CBIZ adds ARC; and TCV buys Oversight.

The private sector gained 428,000 jobs in August, especially within large companies, according to payroll giant ADP, a tentative sign of a continuing economic recovery despite the COVID-19 pandemic.