Michael Cohn

The Financial Accounting Standards Board has named the members who will serve on a Transition Resource Group to help with implementation of its upcoming credit losses standard.

The odds of being criminally prosecuted by the Internal Revenue Service have fallen as a result of budget cuts at the hands of Congress, decreasing from 13.3 per million population in fiscal year 2013 to 9.2 per million in FY 2015, according to new research.

Relatively few employers are claiming the Small Business Health Care Tax Credit under the Affordable Care Act, according to a new government report.

The National Retail Federation is urging Congress to reject any form of consumption tax as it considers a variety of tax reform proposals in a hearing Tuesday.

Marc Fleischman has been appointed CEO of BeachFleischman, succeeding Bruce Beach, who has led the firm as CEO since 1990.

RSM US LLP, the firm formerly known as McGladrey, has begun compiling an index of middle-market business performance, in collaboration with Moody’s Analytics.

More than half of companies in India are not yet ready for new Indian Accounting Standards, according to a new survey.

The Internal Revenue Service has released the Top 10 Identity Theft Prosecutions for Fiscal Year 2015 to highlights its efforts to combat tax refund fraud and identity theft.

The Internal Revenue Service is doing a better job of controlling its spending on conferences after the IRS faced ridicule three years ago for spending on an embarrassing series of training videos for conferences.

A federal court has barred the owner of a dozen Liberty Tax Service franchises in the Los Angeles and Las Vegas areas after discovering rampant tax fraud, while a Maryland grand jury has indicted the owner and several tax preparers at some Liberty Tax franchises in Baltimore.

The Internal Revenue Service has raised interest rates for the calendar quarter beginning April 1, 2016, the first change to interest rates since the fourth calendar quarter of 2010 when the federal short-term rate decreased from 1 percent to 0 percent.

The number of presidential candidates has been steadily winnowing down in recent weeks as they suffer defeats in the primaries and caucuses, and so too their tax plans have been falling by the wayside.

Syracuse University’s Transactional Records Access Clearinghouse has updated its Taxpayer Returns online tool with data through filing year 2014.

The Internal Revenue Service has updated its venerable tax guide for this tax season.

The Financial Accounting Standards Board has amended the converged revenue recognition standard it developed with the International Accounting Standards Board to add more guidance about principal versus agent considerations.

Nearly a quarter of Americans think it’s acceptable to lie to the Internal Revenue Service about under-the-table income.

The Treasury Inspector General for Tax Administration is pursuing fraudsters posing as IRS agents who call to harass taxpayers about fictitious tax debts, calling them back to warn them about their criminal activity and getting the phone company to shut them down.

The American Institute of CPAs is crying foul over an ad by H&R Block suggesting that many CPAs don’t know how to prepare tax returns, but Block is promising to increase its competition with CPAs.

Audit firm policies designed to protect whistleblowers against retaliation for reporting wrongdoing could backfire and make potential tipsters even more fearful of the possible consequences, according to a new academic study.

The House Ways and Means Committee passed a package of three bills Wednesday designed to save money for the federal government, including one that requires taxpayers claiming the Child Tax Credit to provide a Social Security number for the child to prevent undocumented immigrants from qualifying.