Michael Cohn

The American Institute of CPAs sent a letter Friday to the Internal Revenue Service with 40 recommendations that it wants the IRS to consider when drafting guidance on a new regime for auditing large, complex partnerships.

The Internal Revenue Service added new data elements last tax season to its computer system filters to catch suspected cases of identity theft-related tax fraud totaling $4.1 billion, according to a new report, but it posted information about the secret data elements on its public website IRS.gov before removing it.

Police in India have raided nine call centers in Mumbai and arrested 70 people who were calling phone numbers in the United States pretending to be Internal Revenue Service demanding payment for taxes.

An academic study demonstrates that earnings management is pervasive across U.S., European and Asian companies, whether they’re using U.S. GAAP or International Financial Reporting Standards.

Adams, Brown, Beran & Ball merges in Hiebert & Decker, CPAs; and Calvetti Ferguson acquires Jim Oliver & Associates.

The Internal Revenue Service has issued final regulations on whether software that has been developed by companies for their own internal use can qualify for the research and development tax credit.

The top retirement concern cited by financial planning clients of CPAs is running out of money, according to a new survey by the American Institute of CPAs.

Ernst & Young reported a 9 percent increase in global revenue to $29.6 billion for the fiscal year ending June 30, 2016, the sixth straight year of growth.

Internal auditors are turning their attention to strategic and emerging risks, according to a new survey.

Thomson Reuters has introduced a continuing education and certification program for accountants and auditors who specialize in fixed assets and depreciation tax cases to train them in the Internal Revenue Service’s tangible property repair regulations.

Small business job growth slowed slightly in September but is still up from a year ago, according to a new report from Paychex.

Dixon Hughes Goodman is expanding to California by merging in Parke, Guptill & Company, a firm based in Ontario, Calif., effective November 1.

Private sector employers added 154,000 jobs in September, although there was some softening in certain sectors, according to payroll giant ADP.

A group of advocacy organizations is urging the Financial Accounting Standards Board to require multinational companies to disclose more information about their taxes.

The Financial Accounting Standards Board has issued a proposed accounting standards update for improving the financial reporting for long-term insurance contracts, including life insurance, disability income, long-term care and annuities.

The Tax Foundation has released its annual ranking of states and how competitive their business tax codes are.

A group of 41 Senate Republicans is urging the Treasury Department to drop proposed regulations that would eliminate a popular tax strategy for minimizing estate and gift taxes.

The Internal Revenue Service has released new procedures that help a taxpayer make the decision on whether to opt for a qualified terminable interest property election to reduce estate taxes.

An overwhelming majority of American investors are confident in the integrity of the U.S. capital markets, including audited financial reports and independent auditors, according to a new survey by the Center for Audit Quality.

The Financial Accounting Standards Board’s recent set of proposed technical corrections to its revenue recognition standard are a sign that more companies are getting serious about implementing them.