Michael Cohn

The Internal Revenue Service released final regulations for the base erosion and anti-abuse tax that is supposed to discourage multinational corporations from shifting profits overseas.

The Internal Revenue Service introduced a section of its website dedicated to the Centralized Partnership Audit Regime.

As COVID-19 lockdown restrictions eased, New York, New Jersey and Pennsylvania businesses benefited.

Abacus Worldwide has expanded by merging in a fellow accounting association JHI, effective Sept. 1, 2020.

The California Society of CPAs has created a commission to focus on diversity, equity and inclusion issues in the CPA profession.

The final three months of the fiscal year showed a slowdown due to the impact of coronavirus on clients.

The Internal Revenue Service has completed its first settlement order with the operator of a syndicated conservation easement scheme as part of a broader crackdown on what the IRS views as abusive tax scams.

Company controllers have needed to burnish their technology skills during the coronavirus pandemic.

Mowery & Schoenfeld is merging in Xamin, a provider of managed IT services, and Westberg Eischens has acquired Robert F. Danielowski’s accounting firm.

The Internal Revenue Service is temporarily allowing the use of digital e-signatures on some forms that can’t be filed electronically.

The changes represent probably the biggest overhaul of Regulation S-K disclosures in more than three decades.

The hiring of accounting graduates by CPA firms has declined nearly 30 percent in recent years, and Illinois CPA Society president and CEO Todd Shapiro hopes to reverse that trend.

The Internal Revenue Service plans to send approximately 50,000 “catch-up” economic impact payments.

The novel coronavirus pandemic led to a transition from employer-provided meals to food delivery services arriving at employee homes, as workers all but eliminated their travel expenses, according to a new report.

The Dallas-based advisory and consulting firm has expanded to Phoenix and Salt Lake City this year.

The Internal Revenue Service plans to correct penalties mistakenly levied on employers who reduced their tax deposits because they expected to claim some of the new tax credits to which they’re entitled.

The Internal Revenue Service limited taxpayers’ ability to resolve their tax cases directly with the IRS’s Independent Office of Appeals in a memorandum Monday.

The Internal Revenue Service agreed to quit warnings about unpaid taxes while it works through millions of pieces of unopened mail that have accumulated during the pandemic.

The Internal Revenue Service has released a draft version of the Form 1040 for tax year 2020 with several significant changes probably in store for next tax season.

The vast majority would still recommend their preparer, however, according to a new survey.