Michael Cohn

An official from the American Institute of CPAs asked the Internal Revenue Service to revise its proposed regulations for auditing large partnerships during an IRS hearing Monday.

Rep. Lloyd Doggett, D-Texas, along with 30 other members of Congress, has introduced a bill to provide tax relief to victims of Hurricanes Harvey and Irma, in addition to the relief granted in recent weeks by the Internal Revenue Service.

The House Ways and Means Oversight Subcommittee held a hearing this week to look at reforming the way the Internal Revenue Service resolves taxpayer disputes and appeals.

Tax reform notwithstanding, the tax research providers Bloomberg BNA and Thomson Reuters both released their predictions Thursday for the annual inflation-adjusted tax rates that the Internal Revenue Service is likely to announce in the coming weeks.

The Internal Revenue Service is giving tax-exempt organizations in the parts of Texas, Florida, Puerto Rico and the U.S. Virgin Islands affected by Hurricanes Harvey and Irma more time to file their returns.

The Big Four accounting firms are moving more into the legal services market, competing with law firms on their traditional turf, according to a new report.

The Committee of Sponsoring Organizations of the Treadway Commission’s internal control framework can help provide more assurance to investors about sustainability reporting by companies, according to a new paper.

Deloitte saw its global annual revenue reach $38.8 billion in the fiscal year ended May 31, 2017, a $2 billion increase over the prior year.

The Treasury Secretary floated the idea of not giving accountants the same tax cuts that companies like manufacturers would get under the Trump administration’s tax reform plan.

The Financial Accounting Standards Board has created a new web page to help companies implement its new standards.

More than three-quarters of directors at public companies polled by BDO USA expect a tax overhaul to be achieved before the end of Trump’s term in office, but only 22 percent anticipate it will happen before the end of this year.

Moss Adams LLP, a Top 100 Firm, has expanded its health care consulting practice by combining with Seattle-based Rona Consulting Group, effective Sept. 1.

Two CPA firms in San Luis Obispo, Calif., Glenn Burdette and Radakovich, Shaw & Blythe LLP, are combining.

The Internal Revenue Service streamlined the rules to make it easier for 401(k)s and similar employer-sponsored retirement plans to make loans and hardship distributions to storm victims and members of their families.

Victims in parts of Florida and other areas have until Jan. 31, 2018, to file some individual and business tax returns and make certain tax payments.

FICPA has created a website to assist accountants in the Sunshine State and line up volunteers and office space for those affected by the storm.

The International Ethics Standards Board for Accountants is suggesting a set of changes prohibiting inducements.

The Internal Revenue Service is granting additional time to file returns and make payments for taxpayers in the Virgin Islands, with similar help expected for people in Florida and other states as well.

Republican leaders of the House Ways and Means Committee are objecting to a decision by the Department of Justice not to bring charges against the ex-director of the Exempt Organizations unit over accusations that she improperly prevented conservative organizations from getting tax-exempt status.

The Top 100 Firm is expanding its footprint in Utah with its latest deal.