Michael Cohn

The tax prep chain is expanding into the retail industry by acquiring the outlet business from the bankrupt retail giant.

Amendments are being added to three sets of standards for special-purpose, single and summary financial statements.

The former Soviet republic of Georgia is another jurisdiction where interest payments must be reported.

The fifth largest accounting firm had problems with at least 15 audit clients.

The exposure draft offers standards for how governments can account for monetary gold and currency in circulation.

French President Emmanuel Macron and U.S. President Donald Trump may have reached a deal at the G-7 summit to avert tariff hikes that Trump had threatened against French wine.

Taxpayers’ personal information and tax account data remain at risk of being leaked from the Internal Revenue Service’s computer networks despite progress on a data loss prevention program, according to a new report.

An IRS revenue ruling explains what happens when a distribution check from a qualified plan isn’t cashed.

The Internal Revenue Service and the Treasury Department issued a notice saying they intend to issue regulations for determining global intangible low-taxed income.

The Public Company Accounting Oversight Board issued four documents explaining the new rules.

Moody’s Investors Service is objecting to a proposal from the Financial Accounting Standards Board to defer the effective dates of its leases, hedging and credit loss standards for private companies and small public companies.

Criminals are sending unsolicited emails with subject lines like “Automatic Income Tax Reminder” or “Electronic Tax Return Reminder” that appear to come from the IRS.

The move comes amid worries that firms are letting their clients off the hook too readily.

The Federal Accounting Standards Advisory Board has issued an interpretation of some recent standards involving cost provisions among multiple entities who are liable for cleanup costs.

The discussion paper explains some of the challenges when a subject can’t be measured quantitatively.

The Public Company Accounting Oversight Board has released its latest yearly report on its inspections of firms that audit broker-dealers and found deficiencies remain at a high level.

The proposed update would give insurers an extra year to implement the new rules.

Michael Morrow will be the new chair of the Financial Accounting Standards Advisory Council, and new members are joining the Private Company Council.

The Trump administration is mulling the possibility of temporarily cutting Social Security and Medicare taxes as a way to spur the economy.

The guidance helps with determining the fair market value of companies in an investment portfolios.