Michael Cohn

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.

Overall wage growth increased an average of 2 percent across different industries during the third quarter, according to a new report from payroll giant ADP.

Intuit is helping taxpayers in Alabama after errors were uncovered in its state income tax software that led some taxpayers to inadvertently overpay or underpay their taxes.

The ride-hailing apps Uber and Lyft now account for over 50 percent of claims for ground transportation expenses on T&E reports, according to a new estimate.

A federal grand jury indicted Thursday a former special agent who worked in the Internal Revenue Service’s Criminal Investigation unit, charging her with filing false tax returns, theft of government money and obstructing a federal investigation.

The Internal Revenue Service has released its work plan for the coming year outlining its priorities for examinations and audits of tax-exempt organizations.