Michael Cohn

The Internal Revenue Service has seen a surge in recent years of taxpayers underpaying their estimated taxes and paying the penalty for it.

Senior finance professionals want to lower the corporate tax rate, capital gains taxes, and taxes on foreign income, while instituting a carbon emissions tax, according to a survey by the Institute of Management Accountants.

Atlas Tax Advisors is partnering with accounting firms on providing tax planning and wealth management services for clients.

Uber has updated its Uber for Business program with new expensing, billing and reporting features for corporate users of the ride-hailing app.

KPMG has agreed to pay more than $6.2 million to settle charges it failed to properly audit the financial statements of Miller Energy Resources, a Knoxville, Tenn.-based oil and gas company that settled accounting fraud charges last year, the Securities and Exchange Commission said Tuesday.

The American Institute of CPAs is recommending a set of changes to the Internal Revenue Service’s proposed partnership audit regulations.

Three international standard-setting boards for auditing, accounting ethics and accounting education issued a new publication Monday in the hopes of making accountants and auditors more skeptical of management assertions.

The American Institute of CPAs said Monday that it supports a new policy from the National Credit Union Administration on how audit reports on credit unions should be submitted.

The Internal Revenue Service doesn’t have a cloud technology strategy and didn’t adhere to federal government policy when it implemented a cloud service, according to a new report.

The Association of Chartered Certified Accountants has released a new survey raising questions about how accountants and businesses around the world are dealing with ethical challenges prompted by various technology trends.

EY has combined its Tax Performance Advisory and Tax Technology and Data Analytics Services teams to create a Tax Technology and Transformation group across the globe.

Firms are combining forces in the U.S. and Canada.

Corporate shareholders shouldn’t expect a big payout if the U.S. moves to a territorial system where multinationals can repatriate their foreign profits without paying heavy taxes on them.

Nearly three-quarters of tax, finance and business professionals are not confident that comprehensive tax reform will be passed in Congress in 2017, according to a recent Deloitte poll, while nearly half are doubtful about tax reform’s prospects.

The Institute of Management Accountants has aligned with the National Association of Black Accountants to encourage greater inclusion and diversity in accounting.

The Public Company Accounting Oversight Board has imposed a $1 million civil penalty against PricewaterhouseCoopers and censured the firm for its audits of Merrill Lynch.

The Internal Revenue Service’s Criminal Investigation unit is readying two new programs focusing on data investigations and international tax evasion.

The International Integrated Reporting Council has released its own integrated report for 2016, pointing to how integrated reporting is becoming more widespread around the world.

Private sector employers created 178,000 jobs last month, according to payroll giant ADP, with gains seen in all sizes of businesses and most industries, except manufacturing.

BDO USA said Wednesday its revenue for the fiscal year ending June 30, 2017, climbed to $1.41 billion, a 9.6 percent increase from $1.29 billion in fiscal year 2016.