Michael Cohn

Marks Paneth LLP is expanding its entertainment practice by acquiring Shedler & Cohen LLP, a firm based in New York, effective Jan. 1, 2017.

The Governmental Accounting Standards Board has published guidance on when liabilities to beneficiaries should be recognized.

The deal expands the firm's international tax practice in New York.

DHG has expanded its presence in Nashville by acquiring a firm that specializes in consulting services for healthcare businesses.

HCL is the fourth firm in the Chicago area to join Wipfli in the past 13 months.

Employment gains signal a positive start for the year, though uncertainty remains over new administration's policies.

The Internal Revenue Service is taking a new approach to tax compliance, with a series of 13 initiatives aimed at cracking down on tax evasion.

The positive sign for the start of the year augurs well for business clients, though uncertainty remains.

The Center for Audit Quality marked its birthday at an event Monday featuring a roster of high-profile figures in the accounting profession.

Thomson Reuters is providing Interactive Practice Aids in the midst of the tax research workflow in its Checkpoint PPC Tax Deskbooks research system.

The firm has bought Dixon Hughes Goodman’s practice in Roanoke, Va., effective Feb. 1, 2017.

The Financial Accounting Standards Board recently released a new accounting standards update on consolidation for not-for-profit entities. Lee Klumpp, director in BDO’s Institute for Nonprofit Excellence, discusses the implications for organizations and how they are dealing with the other new rules FASB issued last year for nonprofits.

The Organization for Economic Cooperation and Development’s revised guidance on transfer pricing to prevent base erosion and profit shifting will have minor administration costs for the Internal Revenue Service, although the impact on companies is uncertain.

Eligibility expands for claiming the refundable tax credit, though taxpayers who claim it will face some delays before receiving their refunds.

The Financial Accounting Standards Board has released a new standard that promises to simplify the goodwill impairment test, allowing many companies that don’t already apply the private company accounting alternative for goodwill to skip an extra step.

The ride-hailing app accounts for 52 percent of expenses in the ground transportation category and is now the most expensed vendor overall across categories.

The Internal Revenue Service, along with state tax authorities and the tax preparation industry, are cautioning businesses to beware of an email phishing scam using a corporate officer’s name asking for employee W-2 forms from payroll and human resources departments at companies.

The firm network achieved total global gross revenues of $3.7 billion in the year ending Dec. 31, 2016.

The month-end close process is seen as chaotic, labor intensive, error-prone and stress-inducing for accountants and their managers, according to a new survey.

The American Institute of CPAs has been producing guidance for how different industries can deal with the new rev rec standard that will be taking effect at the end of the year.