Michael Cohn

The Internal Revenue Service said Friday that next tax season will begin on Monday, Jan. 23, 2017, while warning some taxpayers to expect longer waits for their tax refunds.

The House passed legislation this week enabling veterans who were injured in combat to recover any income taxes improperly collected by the Department of Defense on their disability severance payments.

The Securities and Exchange Commission said Thursday that its enforcement director, Andrew J. Ceresney, plans to leave the SEC by the end of the year.

The Taxpayer Advocate Service is falling behind in implementing several recommended changes in its processes, according to a new report from the Treasury Inspector General for Tax Administration.

CPAs who are also business executives at U.S. companies are expressing much stronger optimism about the U.S. economy after the election, according to a new survey by the American Institute of CPAs.

The personal finance company Credit Karma has debuted Credit Karma Tax, an online self-directed tax preparation service that provides free federal and state tax preparation, along with free electronic filing, for Credit Karma members.

KPMG has released a report providing an overview of the tax reform process in Washington, D.C., as the incoming Trump administration prepares to push for the biggest tax overhaul in three decades with Republicans dominating both houses of Congress and the executive branch of government next year.

The Senate passed legislation Wednesday eliminating a tax penalty on employers who reimburse employees for the cost of health insurance premiums, following passage of the measure last week in the House.

HBK CPAs & Consultants has signed a merger agreement with Resnick, Amsterdam, Leshner, P.C., adding an office in Blue Bell, Pa., to Canfield, Ohio-based HBK, along with clients in the sports industry.

The Governmental Accounting Standards Board has published guidance for state and local governments on the subject of liabilities known as “asset retirement obligations.”

Prager Metis CPAs LLC is expanding its presence on Long Island by merging in Cohen Greve & Company CPA P.C., effective Jan. 1, 2017.

An increasing proportion of private companies are providing updates on financial performance internally with employees, according to a new survey.

Sales tax rates stayed unchanged in the third quarter of the year for the most part, according to a new report.

Accountants need to watch out for the wide-ranging impact of blockchain, a technology popularized by digital currencies such as bitcoin.

Leaders of the Financial Accounting Standards Board and the International Accounting Standards Board pledged Tuesday to continue their work together, even after completing their major convergence projects for harmonizing standards.

Brixey & Meyer has expanded its presence in Cincinnati by acquiring a second CPA firm in the area, Kamphaus, Henning & Hood.

The Public Company Accounting Oversight Board released a report Tuesday on its 2015 inspection of KPMG LLP, finding problems with 20 of the 49 companies whose audits by the firm were inspected.

BDO Consulting has expanded its forensic technology services practice by adding the e-Discovery practice of Key Discovery, a litigation support service provider based in Boston.

The CFO Alliance has released a study examining the compensation programs offered to CEOs, CFOs, controllers, accounting managers and marketing and sales executives at mid-market companies.

The American Institute of CPAs is asking the Internal Revenue Service and the Treasury Department to withdraw and, if necessary, re-propose their rules for the valuation of interests in corporations and partnerships for estate, gift and generation-skipping transfer tax purposes.