Michael Cohn

REDW LLC, one of the Southwest’s 10 largest accounting firms, has elected Steve Cogan as managing principal, succeeding Ron Rivera, who has served as firm-wide managing principal for the past 15 years.

Sikich LLP plans to acquire the assets of Brockman, Coats, Gedelian & Co., BCG Systems, Inc. and BCG Wealth Advisors, LLC in the biggest acquisition ever for the Illinois-based firm.

Many small business owners who received tax refunds plan to invest the money in their businesses, according to a new survey.

The Vatican’s Holy See has suspended its contract with PricewaterhouseCoopers but stressed that the suspension is not due to problems with PwC’s work.

Top 100 firm RubinBrown announced several leadership changes Tuesday, with Jim Castellano stepping down as chairman when his term expires on May 31 and managing partner John Herber succeeding him as chairman.

Sen. Ron Wyden, D-Ore., has proposed to simplify the complicated capital depreciation rules for businesses.

The annual Rosenberg Survey of CPA firm management is preparing to get underway.

A Georgia couple have pleaded guilty to participating in a identity theft-related tax fraud scheme in which they used the Internal Revenue Service’s online ‘Get Transcript’ application to steal other taxpayers’ refunds.

The Massachusetts Society of Certified Public Accountants said Tuesday that Carla McCall was elected the chairman of the board of directors for the 2016-2017 fiscal year.

To improve accountability around the world, representatives of the U.S. Government Accountability Office’s Center for Audit Excellence and the U.S. Agency for International Development signed a memorandum of understanding on Monday to set up a framework for collaboration on training and technical assistance efforts.

The Internal Revenue Service has released final regulations providing guidance to private foundations on program-related investments.

A pair of Senate Democrats, Chuck Schumer, D-N.Y., and Maria Cantwell, D-Wash., are urging their colleagues to increase the Low-Income Housing Tax Credit by 50 percent.

The Treasury Inspector General for Tax Administration issued an alert Friday warning that it has received information that callers impersonating IRS employees or the Treasury Department are demanding payments on iTunes Gift Cards.

The Tax Foundation has released a report on proposals to integrate the corporate and individual income tax codes and how they might work in the context of congressional tax reform.

The Public Company Accounting Oversight Board has published an alert describing concerns from the PCAOB staff about auditors improperly altering audit documentation in connection with a PCAOB inspection or investigation.

The Financial Accounting Standards Board has issued an accounting standards update amending its revenue recognition standard to provide further guidance on performance obligations and licensing.

The House passed a bill Thursday prohibiting bonuses for IRS employees until the Treasury develops a better customer service strategy, the last of six bills passed this week affecting IRS bonuses, hiring practices and policies.

The Internal Revenue Service’s expanded use of controls this tax season to identify fraudulent refund claims before accepting them into its processing system has allowed the IRS to identify approximately 35,000 fraudulent e-filed tax returns and 741 paper tax returns as of Feb. 29, 2016, according to a new government report.

A senior Treasury Department official in charge of international tax policy is seeing a greater role being played by the Group of 20 finance ministers in setting the agenda for tax laws around the world.

The Senate Finance Committee passed legislation Wednesday to protect taxpayers from identity theft and tax fraud, but without a provision for regulating tax preparers.