Michael Cohn

The Internal Revenue Service is opening up its detailed tax data to researchers outside the federal government who can make use of the information in their studies.

The Internal Revenue Service needs to do more to ensure taxpayers aren’t using virtual currencies like bitcoin to avoid taxes, according to a new report.

The Internal Revenue Service didn’t do enough to mitigate risks in some of its information technology contracts, according to a new report.

The Financial Accounting Standards Board has issued a proposed accounting standards update for service concession arrangements, focused on determining the customer of the operation services.

The Financial Accounting Standards Board is refining the role of its Investor Advisory Committee to bring more of an investor perspective to the accounting standard-setting process.

Rea & Associates has merged in Friel & Associates, a firm based in Chardon, Ohio, effective November 1.

UHY Advisors and UHY LLP have acquired the professional services firm Pratesi, Salemi & Company LLC and the valuation firm Brentmore Valuation Advisors, in West Hartford, Connecticut.

Eide Bailly is expanding its presence in Las Vegas by adding the consulting firm JW Advisors and the CPA practice of Bryce Wisan.

The Internal Revenue Service has issued final regulations on controlled foreign corporations to provide rules about the treatment of U.S. property held by the CFC in connection with transactions involving partnerships.

The New Hampshire accounting firms Nathan Wechsler & Company, PA, and Robert M. Mucha, CPA, P.C., have combined, effective Oct. 28, 2016.

Republicans on the tax-writing House Ways and Means Committee sent a a letter Thursday to Treasury Secretary Jacob Lew asking him to withdraw the Treasury’s recently proposed regulations on estate and gift taxes.

Internal Revenue Service examiners confront some steep barriers when trying to audit the transfer pricing strategies used by multinational corporations to reduce their taxes, according to a new report.

The New York State Society of CPAs has some recommendations for items that the Financial Accounting Standards Board should add to its to-do list.

The Internal Revenue Service convened a meeting of its Security Summit partners in the tax preparation industry and state tax authorities Thursday to discuss additional steps they can take to safeguard tax refunds from identity theft next filing season.

Fewer private companies are expecting to increase headcount or revenues in the near future, according to a new survey by PricewaterhouseCoopers.

Whether Hillary Clinton or Donald Trump is elected next Tuesday, there are some tax-planning moves that will make sense for your clients no matter who gets into the Oval Office.

The American Institute of CPAs’ Financial Reporting Executive Committee is asking for feedback on three new working drafts of guidance for broker-dealers and depository and lending institutions on the Financial Accounting Standards Board’s revenue recognition standard.

Equale & Cirone LLP, a firm based in Bethel, Conn., is combining with Friedberg, Smith & Co. PC, a firm in Bridgeport, Conn., to form Cirone Friedberg LLP, effective November 1.

The Securities and Exchange Commission has appointed a new deputy chief accountant in the Office of the Chief Accountant, Marc A. Panucci, a partner in PwC’s national professional services group.

The International Accounting Standards Board has released its five-year work plan for International Financial Reporting Standards, with a focus on completing its insurance contracts standard and revising its conceptual framework.