Michael Cohn

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.

Officials from the Securities and Exchange Commission and the Center for Audit Quality discussed the effort to rein in the use of non-GAAP financial measures during an American Institute of CPAs conference Monday.

The Public Company Accounting Oversight Board said Deloitte’s Brazil firm will pay an $8 million settlement and its Mexico firm will pay a $750,000 settlement to resolve auditing violations.

Automobile manufacturer Tesla Motors is dropping the use of some non-GAAP financial measures in its earnings releases after receiving several letters from the Securities and Exchange Commission criticizing the practice.

The Public Company Accounting Oversight Board has struck an agreement with Italy’s audit oversight regulator, Commissione Nazionale per le Società e la Borsa.

Small businesses in the U.S. on average pay an extra $5,128 in taxes to make up for revenue lost to the use of offshore tax havens by multinational corporations, according to a new study.