Michael Cohn

The Institute of Internal Auditors announced that its Global Internal Audit Standards officially became effective on Jan. 9.

Finding talent tops the profession's concerns, according to a new report from the Massachusetts Society of CPAs.

The Internal Revenue Service released guidance on the tax treatment of contributions and benefits from state paid family and medical leave programs.

Boston-based Top 100 Firm KLR has added Sullivan Bille P.C., based in Andover, Massachusetts.

The IRS and the Treasury Department issued proposed regs and reporting requirements for multiyear corporate separations and a draft form.

The International Ethics Standards Board for Accountants plans a standard-setting project on accounting firm culture and governance in response to a new report.

The American Institute of CPAs updated its aid on accounting for and auditing digital assets in response to changes in accounting standards.

Rochester, New York-based Insero Advisors has received a strategic investment from Rallyday Partners, to accelerate the firm's growth.

Springline Advisory, a financial and advisory firm backed by the private equity firm Trinity Hunt Partners, has partnered with South Florida-based Fiske.

KSM subsidiary Noble Consulting Services has added Rector & Associates; and Kyle David Group acquired Kennedy & Associates.

The Public Company Accounting Oversight Board found specific deficiencies in the testing of internal controls and accounting estimates, and in engagement quality reviews.

The Internal Revenue Service is making some changes this tax season in an effort to combat tax scams in areas like the Fuel Tax Credit.

Ohio Governor Mike DeWine signed into law a bill that provides more flexibility for obtaining a CPA license, effectively eliminating the 150-hour requirement.

Proposed new rules were issued for the tax credit for qualified commercial clean vehicles, along with guidance on claiming tax credits for clean fuel.

The proposed regulations involve provisions of the SECURE 2.0 Act, including auto enrollment in 401(k) and 403(b) plans, and the Roth IRA catchup rule.

Newly expanded and improved tools will be available when tax season kicks off this month.

The Treasury Department and the Internal Revenue Service have released final rules and procedural guidance for the Section 48E(h) Clean Electricity Low-Income Communities Bonus Credit Amount Program.

EisnerAmper merges in HDA Accounting; BDO USA adds Blue Beyond Consulting; and Brady Martz welcomes Green & Miller.

A federal court has issued another injunction halting enforcement of the Corporate Transparency Act and its BOI reporting requirement.

Taxpayer Advocate Erin Collins released her annual report, highlighting improvements in taxpayer service, but pointing to persistent delays.