Michael Cohn

The House Ways and Means Committee plans to markup and vote Wednesday on four pieces of Republican-sponsored legislation aimed at limiting the Internal Revenue Service’s authority over its spending, particularly in the areas of employee bonuses, hiring, and delegation of user fees.

The Senate Finance Committee held a hearing Tuesday to examine the Internal Revenue Service’s recent failures to protect taxpayer information from cybercriminals.

The Public Company Accounting Oversight Board has voted to propose amending the auditing standards on an audit firm’s use of other audit firms and to propose a new auditing standard.

The Institute of Internal Auditors has introduced an Environmental, Health & Safety Audit Center to highlight the growing role of EHS auditors in corporate governance.

Accountants can play an important role in deterring human trafficking and smuggling.

The Governmental Accounting Standards Board issued guidance Monday addressing several practical issues raised by stakeholders during implementation of GASB’s pension accounting and financial reporting standards for state and local governments.

A long-awaited regulation from the Dodd-Frank Act of 2010 requires companies to disclose the ratio of the CEO’s compensation to the median pay of employees and could prove to be effective in restraining the growth of CEO pay, according to a new study.

More companies are offering technology this tax season to connect taxpayers with a preparer who is willing to do their taxes. The latest is a startup known as TaxChat.

Senate Judiciary Committee Chairman Chuck Grassley, R-Iowa, has introduced legislation to combat tax refund theft by identity thieves.

Anton & Chia, LLP and Anton, Bryson & Schindler Chartered Professional Accountants LLP have completed a tiered acquisition of McCormack, Su & Company in the U.S. and Canada in an effort to grow their Asia practice.

According to the Internal Revenue Service, 28 percent of taxpayers wait until the last few weeks of tax season to file their taxes, and that adds more pressure to their tax preparers.

The Public Company Accounting Oversight Board is considering proposing new requirements for an auditor’s use of other auditors.

The Sustainability Accounting Standards Board has completed its work on writing provisional sustainability accounting standards for 79 industries in 10 sectors and is now embarking on the next phase of the standards development process.

The Internal Revenue Service’s extra $290 million in funding this year helped the IRS improve its level of responsiveness to taxpayer phone calls, according to a new report.

Thomson Reuters has added content to its Checkpoint Catalyst tax research system focusing on the taxation of real estate investment trusts and their shareholders.

Staffing and HR services company Randstad US has released its annual salary guides, including one for the finance and accounting sector.

The Public Company Accounting Oversight Board is conducting a post-implementation review of its Engagement Quality Review standard and is looking for feedback on the effectiveness of the 2009 standard.

The Internal Revenue Service introduced a new payment option Wednesday for individual taxpayers who need to pay their taxes with cash, letting them do so by visiting a local 7-Eleven store.

Tax Freedom Day, the day when the nation as a whole has earned enough to pay the federal, state, and local tax bill for year, will arrive 114 days into the year on April 24, according to an annual report from the Tax Foundation.

The American Institute of CPAs’ Auditing Standards Board has issued a new auditing interpretation on audit reports.