Michael Cohn

A new report from the Government Accountability Office questions the usefulness of services such as identity monitoring, credit monitoring and identity theft insurance, particularly when it comes to safeguarding against tax refund fraud.

The Internal Revenue Service has seen a proliferation in the past 24 hours of a phishing email seeking to steal tax practitioners’ usernames and passwords for the IRS's online services.

The Internal Revenue Service has issued a notice explaining how small businesses can take advantage of a new option allowing them to apply a portion or all of their research credit against their payroll tax liability, instead of their income tax liability.

Financial statement audits are helping companies improve their performance, according to a new survey by Deloitte.

The Financial Accounting Standards Board has released an accounting standards update that changes the treatment of the amortization of premiums for purchased callable debt securities, shortening the amortization period for the premium to the earliest call date.

The Securities and Exchange Commission has tapped Deloitte partner Sagar S. Teotia as deputy chief accountant in the SEC's Office of the Chief Accountant.

The Top 100 firm is adding a cybersecurity company based in Lexington, Ky., effective April 1.

The Academy of Motion Picture Arts and Sciences has decided to retain PricewaterhouseCoopers as its official Oscar ballot accounting firm, despite the high-profile snafu last month in which the wrong Best Picture winner was announced.

Two former chairmen of the Senate Finance Committee have re-introduced legislation to protect tax fraud whistleblowers from retaliation.

The Public Company Accounting Oversight Board has disciplined the former chief executive officer and chairman of Deloitte’s Brazil firm for failing to cooperate with a PCAOB investigation.

A group of lawmakers is asking for extra money for the Internal Revenue Service instead of the steep cuts proposed by the Trump administration.

More than a third of CFOs’ time is being spent as strategic advisors as they move beyond the traditional financial management role, according to a new survey by Grant Thornton.

The Internal Revenue Service is proposing procedures for how a taxpayer can ask for automatic consent to change an accounting method in preparation for the Financial Accounting Standards Board’s new revenue recognition standard.

Sikich LLP is expanding its employee benefit services business by acquiring Evolution Retirement Services, a firm based in the Milwaukee area.

Eighty percent of CFOs at U.S. companies have not yet begun the transition to the upcoming leasing standard, according to a new survey.

The new revenue recognition standard is going to force many companies to make new disclosures, but they shouldn’t wait until the last minute to get ready, warns a recent report.

More than half the U.S. workforce has experienced a problem with their paycheck during their career, according to new estimates.

Approximately two-thirds of residents of Group of 20 countries distrust politicians about the tax system, according to a new survey by a trio of accounting organizations.

The Internal Revenue Service failed to deactivate its Identity Protection Personal Identification Number program after a data breach in May 2015 for nearly a year, despite repeated recommendations from the Treasury Inspector General for Tax Administration, according to a new report.

Deloitte said Monday it has acquired substantially all the assets of Day 1 Solutions, a cloud consulting firm, and announced a commitment to add 3,000 new high-tech engineering jobs in the U.S. over the next year, adding new “cloud studios” in different locations.