Michael Cohn

Billy Long explained his plans for the Internal Revenue Service and the new tax bill during his first public talk as IRS commissioner.

Katz, Sapper & Miller, a Top 50 Firm based in Indianapolis, has formally entered the Chicago market by adding MichaelSilver, an advisory, tax and assurance firm in Deerfield, Illinois.

Securities and Exchange Commission chair Paul Atkins has begun searching for new members and a new chair of the Public Company Accounting Oversight Board only days after forcing the PCAOB chair to resign.

The Treasury Department is reportedly mulling plans for the IRS to eliminate its multilingual services, such as tax forms and assistance in languages other than English.

The Internal Revenue Service said "designated officials" need to revalidate their business tax account by the July 29 deadline in order to maintain access.

The examples show how companies can improve the reporting of uncertainties in their financial statements using climate-related examples as practical illustrations.

The Internal Revenue Service is continuing to shed employees, with over 25% of its workforce now gone since the beginning of the year, according to a new report.

April, a tax program that leverages artificial intelligence, closed a $38 million Series B fundraise.

The AICPA & CIMA have published a Business Resilience Toolkit to help leaders and finance professionals cope with economic uncertainty and challenging conditions.

Confidence among accountants ticked up slightly in the second quarter of the year, the first increase since last year, according to a survey by the ACCA and IMA.

House Republicans have introduced a spending resolution that would slash IRS funding by around $2.8 billion, threatening taxpayer service and enforcement.

House Republicans released a spending proposal that threatens to withhold funding from the Financial Accounting Standards Board unless it withdraws its income tax reporting standard.

The Securities and Exchange Commission has tapped George Botic as acting chair of the Public Company Accounting Oversight Board after Erica Williams' departure.

Erica Williams is stepping down Tuesday as chair of the Public Company Accounting Oversight Board and spoke Monday with Accounting Today about her time at the PCAOB.

Nearly one-third (32%) of Americans have taken no financial steps to prepare for a natural disaster, according to a survey by the Harris Poll on behalf of the American Institute of CPAs.

The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.

The IRS's progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according to a new report.

The Top 75 Firm based in Parsippany, New Jersey, has received a minority investment from Cobepa, the latest firm with a PE investment.

Andersen, the fast-growing professional services firm, has expanded to Atlanta by merging in Berman & Associates.

The Institute of Internal Auditors presented its updated competency framework for internal auditors during its international conference this week in Toronto.