Michael Cohn

BDO USA has expanded its health care advisory services practice by merging in the consulting division of PBC Advisors, a firm based in Oak Brook, Ill., near BDO’s Chicago home base.

International Federation of Accountants CEO Fayezul Choudhury, and IFAC CFO and executive director for external relations Russell Guthrie, talk about how international financial regulators are mulling changes in how global auditing standards are set.

Lynne Born was named CEO of Perelson Weiner LLP, becoming the latest woman to lead an accounting firm, a rarity until recent years.

The Internal Revenue Service generally did a good job last season creating processes to handle some of the new provisions affecting tax season, according to a government report, but there were a few areas where it could be improved.

The Minnesota Society of CPAs recently surveyed its members about the most outrageous tax deductions clients tried to claim on their tax returns. The list shows taxpayers often don't know which deductions are allowed or not.

The Internal Revenue Service warned tax professionals Friday to beef up their security measures and avoid clicking on some new phishing emails that can download malware onto their computers to steal their clients’ data.

CBIZ, Inc. has acquired Laurus Transaction Advisors LLC, a Denver-based business that provides buy-side and sell-side financial and accounting due diligence services for M&A transactions to private equity firms along with public and private companies, effective Feb. 1, 2018.

The Governmental Accounting Standards Board is asking for help as it develops a comprehensive model for revenue and expense recognition for state and local governments.

The U.S. Bureau of Labor Statistics reported Friday that employers added a robust 200,000 jobs in January, although the unemployment rate remained unchanged at 4.1 percent despite a boost from the passage of a tax cut law at the end of the year.

Weaver, a Top 100 Firm, has acquired the tax practice of Condon & Company, P.C., a firm based in Houston, effective Feb. 1, 2018.

Linton Shafer Warfield & Garrett CPAs has signed an agreement to merge in the specialty tax consultancy firm WN CPAs, effective Jan. 1, 2018.

Wipfli LLP, a Top 100 Firm, has expanded into Colorado by adding Bauerle and Company, a CPA firm based in Denver, effective Thursday, Feb. 1.

The Justice Department said Thursday it has entered into a settlement with Z Street, a nonprofit that educates the public about Israel and Middle East issues, after the group sued the Internal Revenue Service for holding up its application for tax-exempt status and subjecting it to extra scrutiny.

The Internal Revenue Service’s efforts last year to safeguard against identity theft by asking employers to file W-2 forms earlier and holding tax refunds longer if taxpayers claimed the Earned Income Tax Credit or the Additional Child Tax Credit did not always work, according to a new report.

Paul Sobel, vice president and chief audit executive of the paper manufacturer Georgia-Pacific, has been appointed chairman of the Committee of Sponsoring Organizations of the Treadway Commission, or COSO, for a three-year term starting Thursday.

Ernst & Young has merged in Citizen, a digital design firm based in Portland, Ore., which will become part of the Big Four firm’s consulting business on the West Coast.

President Trump touted the benefits of the new tax cut law in his State of the Union address, although experts questioned some of his claims.

The private sector added a robust 234,000 jobs in January as wages increased, according to payroll giant ADP, on the heels of the passage of the Tax Cuts and Jobs Act and minimum wage hikes in some states and cities.

RSM US LLP has signed an agreement to add the leaders and staff of SecureState, a security and privacy consulting firm based in Cleveland, and acquire substantially all of its assets.

Michael F. Maloney, the chief accountant at the Securities and Exchange Commission’s Division of Enforcement, is leaving the SEC in February.