Michael Cohn

A bipartisan group of senators has introduced legislation to make permanent the Work Opportunity Tax Credit, a tax break that encourages companies to hire veterans, people with disabilities and other groups who face barriers to employment, before it expires at the end of the year.

Republican and Democratic lawmakers in the Senate and House have teamed up to introduce bipartisan legislation to assist tax-exempt cooperative organizations.

The Institute of Internal Auditors wants organizations to pay more attention to fraud control and decide on the role that internal audit will play.

The Republican and Democratic leaders of the Senate Finance Committee, chairman Chuck Grassley, R-Iowa, and ranking member Ron Wyden, D-Ore., are asking the Internal Revenue Service to crack down on the people involved in the recent college admissions scandal.

The new tax law and the 35-day shutdown had an impact on the agency, but it still managed to process over 59 million returns by mid-season.

CFGI acquires Pine Hill Group; Sax Wealth Advisors adds Stuart B. Hermann, CFP, CPA; Mauldin & Jenkins acquires Jon Campbell & Associates; and Cresa acquires Portfolio Solutions Group.

Top 100 Firm CohnReznick said Thursday that its former chairman and CEO, Ken Baggett, has died.

David Knoch, the president of 1st Global, is getting ready for the close of the acquisition of his financial advisory firm by Blucora, the parent company of HD Vest, and is making plans for aligning with a former rival.

The Massachusetts Democrat submitted a formal request to the IRS commissioner asking for copies of Trump’s returns going back to 2013.

House Democrats are looking to find a compromise solution to the Republican tax law’s cap on the amount of state and local levies that can be written off a federal return, a limit they say has caused their constituents to lose out on billions of dollars of deductions.

The Center for Audit Quality has released an updated version of its tool for audit committees to address recent changes in accounting standards and potential areas of risk.

The Internal Revenue Service released a revenue procedure Wednesday offering guidance on the use of tax-exempt bonds to provide housing for military veterans, farm workers and other groups.

Private sector employment increased by a relatively sparse 129,000 jobs in March, amplifying concerns about hiring after a disappointing jobs report a month ago.

The far-reaching bipartisan legislation would overhaul key facets of the way the Internal Revenue Service operates, including the appeals process.

The rate of job growth at small businesses slowed in March, but wage growth continued at a healthy pace, according to payroll giant Paychex.

The Financial Accounting Standards Board and the Governmental Accounting Standards Board are both on the lookout for new chairmen, with the end of the term approaching next year for leaders of both FASB and GASB.

The firm is building its presence in the biotech space by buying a consultancy that services life sciences companies.

The Internal Revenue Service is having trouble dealing with the information it’s getting from foreign banks about U.S. taxpayer assets under the Foreign Account Tax Compliance Act because of problems with the data and various mismatches, according to a new government report.

Both public and private companies are struggling with implementing the new lease accounting standard, according to a new survey by Deloitte.

A pair of congressional representatives has introduced bipartisan legislation to discourage abuses of the conservation easement tax break.