Michael Cohn

The Internal Revenue Service has signed a new agreement with Free File, Inc., formerly known as the Free File Alliance, after controversy erupted during tax season this year over the difficulty of finding free versions of consumer tax filing software like TurboTax.

The American Institute of CPAs’ Digital Assets Working Group has released a practice aid to offer guidance on how to account for and audit digital assets such as Bitcoin and other forms of cryptocurrency.

The Securities and Exchange Commission is proposing a set of amendments to the auditor independence rules that have been in place since the early 2000s, allowing firms more leeway in determining conflicts of interest and shortening the lookback period for clients planning to go public.

The Internal Revenue Service issued final regulations last week on opportunity zone funds, but while they answer some of the questions, many other issues remain that are likely to prompt questions from tax clients.

The International Accounting and Assurance Standards Board has released a revised standard for identifying and assessing the risks of material misstatements.

Companies are using “clawbacks” to recover incentive compensation that was given to executives through erroneous financial reporting while lowering their effective tax rates, but clawback adoption could be having some negative consequences, according to a new study.

The Public Interest Committee, which oversees the standard-setting activities of the International Public Sector Accounting Standards Board, has initiated a public survey on the governance arrangements at the IPSASB to gauge perceptions of the standard-setting group’s oversight.

Business leaders will be contending with ongoing economic uncertainty and unknown future regulatory changes, along with accounting and tax changes, that could have an impact on their ability to effectively compete and achieve their financial targets in 2020 and beyond, according to a recent report.

The Public Company Accounting Oversight Board has released a document providing information from its conversations with nearly 400 chairs of audit committees.

The Committee of Sponsoring Organizations of the Treadway Commission has teamed up with Deloitte Risk & Financial Advisory on publishing new guidance on managing cyber risks in a digital age.

The Public Company Accounting Oversight Board has issued a concept release proposing a new approach to changing its quality control standards, the biggest change since 2003.

To help individuals and businesses prepare for filing season, Grant Thornton has released a collection of year-end tax tips.

The Top 100 Firm is expanding its presence in Houston with the M&A deal.

Taxpayers are more than twice as likely to use DIY tax preparation software as an accountant to do their taxes, but they’re 38 percent less satisfied with the results, according to a new survey.

The Top 25 Firm has merged in Mejia & Kaplan, which specializes in serving entertainers and performing artist clients.

And more are likely to come, according to a new report from Avalara, including more laws requiring online marketplaces to collect.

The Big Four firm is seeing growth across geographic regions and service areas.

The quality of corporate governance was graded at C+ at best by a group of chief audit executives, according to a new report from the Institute of Internal Auditors and the Neel Corporate Governance Center at the University of Tennessee in Knoxville.

The total amount of goodwill impairment recorded by U.S. public companies reached $78.9 billion in 2018, up a staggering 125 percent from the prior year, according to a new report.

The Internal Revenue Service’s proposed regulations on the classification of transactions involving digital content could mean some unexpected tax bills for some publishers, especially those based abroad who sell copyrighted articles to U.S. readers.