Michael Cohn

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.

Despite years of cuts to the Internal Revenue Service budget and its employee count, the agency is nonetheless collecting more tax revenue, according to a new report.

The Internal Revenue Service is lowering its user fees for issuing letter rulings on tax matters when the rulings are practically identical.

The oil and natural gas services company Weatherford International will pay a $140 million penalty to settle accounting fraud charges.

BDO USA LLP has named Christopher Tower as the firm’s new national managing partner for audit quality and professional practice.

DMJ & Co. PLLC is acquiring Hutchings & Hutchings CPAs PA, expanding DMJ’s presence in North Carolina.

Grant Thornton LLP achieved record revenues of $1.65 billion in the fiscal year ending July 31, 2016, up 11.4 percent from fiscal year 2015, driven most by growth in the Chicago-based firm’s advisory practice.

Companies are beginning to revamp their financial reports to incorporate sustainability disclosures in response to demand from investors.

The Internal Revenue Service has issued a notice outlining the special diem rates that taxpayers can use to substantiate the amounts they are claiming for lodging, meals and incidental expenses when traveling away from home.

The American Institute of CPAs’ Accounting and Review Services Committee has finished the last of the standards it has been redrafting and clarifying as part of the AICPA’s Clarity Project.

The Internal Revenue Service has chosen four private debt collection agencies to help collect unpaid tax debts as the IRS gears up to resurrect the controversial program.

The Governmental Accounting Standards Board proposed guidance Monday to address a broad set of accounting and financial reporting issues to help state and local governments deal with the implementation and application of certain GASB pronouncements.

The Financial Accounting Standards Board has proposed to amend the amortization period for callable debt securities that are purchased at a premium.

House Democrats have introduced legislation that would require multinational corporations to disclose more information about the taxes they pay in other countries.

The deadlines for filing the Form W-2 with the Social Security Administration and the Form 1099-MISC with the Internal Revenue Service are changing next year.

The House passed legislation this week to simplify the complex tax rules faced by workers who travel across state lines to do business.