Michael Cohn

Approximately two-thirds of companies that make up the Dow Jones Industrial Average reported non-GAAP earnings per share, according to a study last year, and the Securities and Exchange Commission is beginning to wonder if the trend has gone too far.

The Senate Finance Committee has dropped a provision for regulating tax preparers from legislation that would curb identity theft and tax fraud.

The Internal Revenue Service is warning tax professionals about a new scam in which cybercriminals obtain remote control of tax preparers’ computer systems, complete and file client tax returns, and redirect tax refunds to thieves’ accounts.

Congress passed a law 18 years ago requiring reforms at the Internal Revenue Service that still remain overdue today, according to a new government report.

Businesses are facing a significant shortage of accounting and finance professionals who have data analytics skills, according to a new report.

As the days tick down until the end of tax season, some clients need some gentle urging to get their taxes done, or at least to file for a six-month extension.

The London-based International Valuation Standards Council is asking for input on some of its new standards for performing valuations on financial instruments, real estate and intangibles.

The House Ways and Means Committee held a hearing Thursday on proposals to limit tax breaks for employers who provide health care for employees.

Internal Revenue Service Commissioner John Koskinen defended the IRS’s cybersecurity efforts during a contentious congressional hearing Thursday on the IRS’s ability to protect taxpayer systems.

National tax preparation chains are exploiting the working poor by forcing them to spend a significant portion of the Earned Income Tax Credit just to pay for filing their taxes, according to a new report, and H&R Block is firing back.

Senator Elizabeth Warren, D-Mass., has introduced legislation, co-sponsored by Sen. Bernie Sanders of Vermont, that would require the Internal Revenue Service to develop a free, online tax preparation and filing service that taxpayers could use to prepare and file their taxes directly with the federal government.

Thomson Reuters is building bridges with NetSuite and other vendors’ enterprise resource planning software, tying its sales tax technology to theirs.

Large, profitable American corporations paid only 14 percent of their profits in federal income taxes on average from 2008 through 2012, and approximately one-fifth of them paid nothing at all in each of those years, according to a new government report commissioned by Sen. Bernie Sanders.

The House Ways and Means Committee passed four pieces of Republican-sponsored legislation Wednesday restricting IRS employee bonuses, hiring and spending, with less than a week to go in tax season.

The Internal Revenue Service has added eight delivery services that qualify as “private delivery services” for mailing tax documents and payments on a timely basis.

Ernst & Young has increased its paid parental leave policy for new parents to 16 weeks, up from 12 weeks, starting in July.

Exencial Wealth Advisors, a wealth management firm based in Plano, Texas, has acquired San Antonio, Texas-based Netting & Pace, CPAs, an accounting and wealth management firm.

The Caldwell House Bed and Breakfast in Salisbury Mills, N.Y., is offering some serious tax relief for tax preparers and accountants.

The Internal Revenue Service failed to redact Social Security Numbers and Employer Identification Numbers from hundreds of its Offer in Compromise files that are available to the public, according to a new report.

PricewaterhouseCoopers has selected Timothy F. Ryan as its new U.S. chairman for a four-year term beginning on July 1, 2016, succeeding Bob Moritz, who is becoming global chairman.