Michael Cohn

Wipfli LLP is expanding its presence in the Chicago area by adding Weltman Bernfield LLC, a firm based in the suburb of Buffalo Grove, Ill., effective September 1.

Gwen Jorgensen, a former tax accountant at Ernst & Young, won the gold medal on Saturday at the Triathlon in the Rio Olympic games.

The Internal Revenue Service’s Chief Counsel has released its annual Priority Guidance Plan for 2016 to 2017.

Less than half of filings for the Foreign Account Tax Compliance Act have been accurate, according to a new survey.

The Internal Revenue Service has reportedly hit reality TV star and actress NeNe Leakes with a tax lien for $824,366.01 in unpaid taxes from 2014, and she good-humoredly tweeted a photo of herself running to the IRS tax office from her hotel.

Wolters Kluwer Tax and Accounting has introduced a new user interface for CCH Accounting Research Manager, its research system for financial reporting professionals.

The Financial Accounting Standards Board released its long-awaited accounting standards update for not-for-profit financial reporting, albeit with scaled back ambitions to keep the standards for nonprofit organizations aligned with standards for businesses.

The Public Company Accounting Oversight Board identified deficiencies at 96 percent of the firms that audit broker-dealers, according to a new report Thursday.

Barfield, Murphy, Shank & Smith plans to expand its footprint in Alabama by combining with Himmelwright, Huguley & Boles, a CPA firm in the Auburn-Opelika area, on January 1 next year.

The American Institute of CPAs is proposing to change the current peer review report so it clearly indicates if a Single Audit was chosen.

A Democratic super PAC has come up with a new way to try to get Donald Trump’s tax information: by filing a Freedom of Information Act request with the Internal Revenue Service.

The rules for claiming net operating losses to offset income tax liabilities can vary from state to state and are proving to be a big challenge for many companies, especially as both the economy and corporate profitability improve.

The Internal Revenue Service issued final regulations Wednesday for a 2 percent tax on payments from the U.S. government to foreign contractors.

A total of 37 states provide full exemptions from sales and use taxes on manufacturing equipment and machinery, but for the rest of the states, the rules can be different.

Sensiba San Filippo LLP has acquired The Resultants Inc., a consulting firm that specializes in internal audit and Sarbanes-Oxley compliance for small and midsize business clients.

The average rate for sales taxes across the U.S. increased a bit in the second quarter of the year, according to a new report.

Crowe Horwath has introduced the Crowe Insight Center for Audit to advance the firm’s auditing services.

The Internal Revenue Service is giving victims of the recent catastrophic storms and flooding in Louisiana until Jan. 17, 2017 to file some of their individual and business tax returns and make certain tax payments.

Companies that botch the accounting for transactions between different legal entities within their organizations can make their financial reporting slipshod.

The Institute of Internal Auditors and the International Federation of Accountants have renewed an agreement to collaborate on advancing auditing and accounting practices around the world.