Michael Cohn

Securities class-action lawsuits, including claims against auditing firms, have reached a five-year high, according to a new report.

The Governmental Accounting Standards Board has issued recognition and measurement guidance for state and local governments that benefit from irrevocable split-interest agreements.

Paychex saw an increase in job growth at small businesses during the first quarter of the year.

More than 80 percent of nonprofits anticipate growth and increased revenues in 2016, according to a new survey.

The CPA Consultants’ Alliance has approved a new slate of officers during a recent annual meeting in New Orleans.

Industries of all kinds can see positive benefits from better collaboration, and that's particularly true in the accounting profession where more firms are starting to use cloud-based collaboration technology.

The Sustainability Accounting Standards Board has launched an Advisory Partner Program to encourage corporate and investor application of SASB's standards and guidance on sustainability accounting.

The Internal Revenue Service has been improving its timeliness in responding to taxpayer calls thanks to some extra money from Congress this year.

The International Auditing and Assurance Standards Board has released ISA 810 (Revised), Engagements to Report on Summary Financial Statements.

The new lease accounting standard is likely to have a much greater impact on lessees than lessors.

The Internal Revenue Service is having trouble coordinating various overlapping programs that deal with referrals on tax evasion, in part because the referrals have to be submitted on paper forms, manually screened and then mailed to various departments within the IRS.

The Governmental Accounting Standards Board has issued implementation guidance containing questions and answers to clarify some of its recent standards.

The American Institute of CPAs plans to e-mail out ballots to CPAs the week of April 18, immediately after tax season, to vote on a proposal to set up an Association of International CPAs in partnership with the London-based Chartered Institute of Management Accountants.

The Internal Revenue Service has issued a notice delaying the estate basis reporting due date from March 31 until June 30, 2016.

The Internal Revenue Service has revised Form 3115, Application for Change in Accounting Method, and its instructions, for the first time since 2009.

The House Ways and Means Oversight Subcommittee is calling on the Internal Revenue Service, the Treasury Department and the Justice Department to return funds wrongly seized from taxpayers during civil asset forfeitures.

A Miami-based startup has launched Taxfyle, an iPhone app aimed at Millennials that allows them to connect with a network of 300 CPAs who can help them prepare and file their taxes.

TaxAct has introduced online Form 990 software that allows tax-exempt organizations to file their information returns with the Internal Revenue Service.

The Internal Revenue Service is offering up to $10,000 to the winner of a new competition to make its online tax information more understandable to taxpayers.

Close to half of U.S. investors assess their broader wealth and financial situation during tax season, according to a new survey.