Michael Cohn

The House voted to eliminate taxes on the medals of Olympic and Paralympic athletes, while also passing some other pieces of tax legislation.

The American Institute of CPAs has issued a new report on the growing threat of “executive impersonation,” in which criminals claiming to be corporate executives convince employees to send them sensitive documents and company information.

Sen. Ron Wyden, D-Ore., the ranking Democrat on the Senate Finance Committee, released draft legislation Thursday to provide tax credits to encourage the development of affordable rental housing for the middle class.

The Internal Revenue Service spent $15 million on a delayed implementation of an upgraded system for handling an aspect of the Foreign Account Tax and Compliance Act, but the software did not deliver the expected business results, according to a new report.

The Internal Revenue Service is alerting tax professionals and taxpayers alike about a new scam involving fake CP2000 notices that are being sent to unsuspecting taxpayers, billing them for unpaid taxes related to the Affordable Care Act.

PricewaterhouseCoopers wants to show the life of an accountant and auditor isn’t so boring after all, with a new YouTube video.

Apel and Associates to merge in Navigate to Success, and 2020CA joins Beavis Morgan.

Warren Averett LLC, CPAs and Advisors, is combining with Beason & Nalley Inc. to beef up its government contracting practice in the Southeast.

Acquisitions of consulting firms skyrocketed last year, particularly in North America and with many of the deals done by technology consultancies and Big Four firms, according to a new report.

An Internal Revenue Service revenue officer has pleaded guilty to fraud charges for filing tax returns using taxpayers’ identities and failing to report income he received from an unauthorized tax business.

Comedienne and actress Leslie Jones has a new job for Ernst & Young: safeguarding her from hackers.

The Financial Accounting Standards Board has proposed a set of technical corrections and improvements to its revenue recognition accounting standard.

The Internal Revenue Service’s Office of Appeals has improved its compliance within its Collection Due Process program, although some taxpayers are still misclassified and receive the wrong type of hearing, according to a new report.

A startup technology company, AppZen, has introduced new technology that is leveraging artificial intelligence to examine expense reports for signs of fraud.

Roy Weathers recently stepped into the role of tax leader of PricewaterhouseCoopers’ U.S. firm, where he plans to increase diversity and technology use.

FIFA has chosen PricewaterhouseCoopers’ Swiss firm as its new auditing firm as the international soccer federation tries to recover from a high-profile corruption scandal.

Fans of the rap star Nelly have been listening to his music online to help him pay a $2.4 million tax lien from the Internal Revenue Service.

Ernst & Young agreed to pay $9.3 million to settle charges with the Securities and Exchange Commission that two EY audit partners became too close to audit clients, including one who had a romantic relationship with the client.

Accountants, like everybody else, are entitled to some fun and relaxation, and an upcoming array of holiday gift gadgets promises to provide some fun later this year.

Inflation-adjusted tax brackets are anticipated to go up a bit next year, according to a pair of new reports, but that could reduce the tax burden for many taxpayers.