Michael Cohn

The Top 100 Firm is acquiring a firm that specializes in outsourced finance and accounting services, effective April 1.

Late receipt of wage reporting documents is reducing the capabilities of a new system for deterring tax cheats.

The Internal Revenue Service may be changing Schedule UTP, the Uncertain Tax Position Statement, which corporate taxpayers file with their Form 1120 tax returns, because it doesn’t contain enough information to be useful in compliance efforts, according to a new report.

CPAs can provide attest services to make sure businesses are taking steps to mitigate tech risks.

An appeals panel sided with an auditor who wasn't allowed extra help at his deposition.

The leaders of a congressional subcommittee overseeing the Internal Revenue Service released draft legislation to overhaul the IRS for the first time since 1998.

The decline in the number of IRS criminal investigators has led to a drop in cases sent to the Justice Department.

The new authentication process that was installed after a big data breach still isn’t protecting taxpayer info.

The $1.3 trillion omnibus appropriations bill passed by Congress last week includes some modifications to the Internal Revenue Service’s centralized audit regime for auditing large partnerships.

The Internal Revenue Service warns virtual currency users they need to disclose gains on their tax returns.

The Senate's recent passage of legislation exempting smaller financial institutions from some requirements could help clients.

The National Association of Enrolled Agents sent a letter to members of Congress’s tax-writing committees calling for a series of changes at the Internal Revenue Service.

The American Institute of CPAs has released a set of questions and answers on the topic of compliance for multiemployer plans, along with some new Q&As for senior personnel who have been on an engagement team for a long period of time.

The Top 100 Firm has added a managed IT service provider headquartered in Grandville, Mich.

The Internal Revenue Service cautioned practitioners to be on the alert for the re-emergence of a cybercriminal scam that is helping fuel a dramatic uptick in reports of stolen information from firms.

The omnibus appropriations bill that lawmakers are expected to approve ahead of a Friday deadline to avoid a government shutdown includes extra money for the Internal Revenue Service to implement the Tax Cuts and Jobs Act, while changing a provision in the TCJA that advantaged farm cooperatives over other types of grain companies.

The high court, in a 7 to 2 decision, ruled in favor of a business owner who didn't file taxes and destroyed some of his banking records, finding the omnibus obstruction clause in the Tax Code was overly broad.

The Supreme Court declined to hear a case involving a Colorado cannabis business that refused to cooperate with an Internal Revenue Service audit and turn over business records.

The Association of Chartered Certified Accountants is partnering with an association of independent accounting firms to strengthen the global talent pool.

Businesses that were early adopters of the new rules have been running into some issues with regulators and investors.