Michael Cohn

Three-quarters of companies plan to give employees holiday bonuses this year, up from 67 percent last year, according to a new survey of 500 HR and hiring managers by the staffing company Accounting Principals.

With the presidential election just around the corner, the American Institute of CPAs is detecting signs of renewed optimism in individuals’ financial outlook.

The Internal Revenue Service said Friday the annual period for renewing a Preparer Tax Identification Number is now underway for tax professionals.

Internal Revenue Service examiners did not always follow procedures for weighing which tax debts could actually be paid by delinquent taxpayers, according to a new report.

The Internal Revenue Service continues to fall short in its cybersecurity efforts, according to a new report.

Sikich LLP is acquiring Stanfield & Associates, a Chicago-area firm that specializes in doing outsourced accounting for family offices that provide wealth management for high net worth individuals and families.

A group of Senators, including Elizabeth Warren, D-Mass., and Bernie Sanders, I-Vt., are asking KPMG about the quality of its audits in the wake of the recent scandal involving Wells Fargo’s opening of millions of unauthorized customer accounts.

The Financial Accounting Standards Board has released an accounting standards update for income taxes related to intra-entity transfers of assets other than inventory.

The American Institute of CPAs has signed an agreement with John Wiley & Sons to take over publishing of the AICPA’s entire catalog of finance and accounting publications.

Multinational corporations could end up shifting even more of their income to low-tax countries under some tax reform proposals, according to a new study.

Federal, state and local authorities have indicted dozens of people and businesses in the U.S. and India accused of impersonating Internal Revenue Service employees demanding money from innocent taxpayers in the U.S.

The Financial Accounting Standards Board has released an accounting standards update on how to treat consolidations of interests held through related parties that are under common control.

The American Institute of CPAs has installed Kimberly N. Ellison-Taylor, global accounting strategy director for Oracle America, as the new chairman of the board of directors, making her the AICPA’s first African American female chairperson.

The American Institute of CPAs is broadening the range of services to which its Statements on Standards for Accounting and Review Services apply, covering not only reviews of financial statements, but also preparation of financial statements and compilation of prospective financial information.

The Internal Revenue Service plans to make changes in how it deals with people who don’t file tax returns to collect billions of dollars in lost tax revenue, according to a new report.

Billions of dollars in incorrect backup withholdings are overlooked by the Internal Revenue Service, according to a new report.

BDO USA LLP has expanded its presence in Virginia by adding the Norfolk-based firm McPhillips, Roberts & Deans PLC, effective November 1.

A new report from an Internal Revenue Service advisory group points to the high costs of information reporting and how the IRS can reduce the burden.

The millennial generation is expected to make up more than half the workforce over the next decade, but finding enough of them to staff accounting departments is proving to be a challenge for many companies.

The Internal Revenue Service’s efforts to prod taxpayers to disclose their offshore bank accounts and pay taxes on their holdings have reached the $10 billion mark and prompted over 100,000 taxpayers to come forward, the IRS said Friday.