Michael Cohn

The Treasury Department has issued a newly revised U.S. Model Income Tax Convention to provide the baseline text it will use when negotiating tax treaties with other countries. It was last updated in 2006.

Chief audit executives are not so confident about the accuracy of the data their companies rely on to make decisions.

SS&C merges in Southett & Co.; and Regier Carr & Monroe merges with Cross and Robinson.

The American Institute of CPAs’ Accounting and Review Services Committee has issued an interpretation on reviews of financial statements.

The Internal Revenue Service has been unable to get control of rampant identity theft this tax season, despite high-profile efforts to confront the problem with the help of private industry.

The Securities and Exchange Commission has charged Marrone Bio Innovations, a pesticide company, and its former chief operating officer, with inflating financial results to meet projections it would double revenues in its first year as a public company.

CFOs and audit committee chairs are not getting enough insights into corporate risk management from their companies’ internal audit function, according to a new survey.

Millennials are more fearful of filing taxes than most Americans, according to a new survey.

A lawsuit over the Internal Revenue Service’s fees for Preparer Tax Identification Numbers has received class-action status, according to an attorney who has been trying to eliminate or reduce the PTIN fee for over four years.

The Internal Revenue Service is being urged to fix a security vulnerability that makes it all too easy to get an Electronic Filing PIN used by tax preparers.

A federal court in Chicago has ordered Servicios Latinos Inc. to close its nationwide tax preparation business.

Audit committees need to have oversight of risks to their organizations from third parties such as suppliers, distributors, sales people and service providers, according to a new report.

International Integrated Reporting Council CEO Paul Druckman plans to step down this year.

The IRS urged tax professionals in an email Wednesday to verify their Electronic Filing Identification Number activity to safeguard against tax fraud.

The Internal Revenue Service has begun conducting on-site inspections of tax preparers who continue to have problems with verifying their clients’ eligibility for claiming the Earned Income Tax Credit, and warned that the penalty has increased.

Internal audit practitioners are facing new demands for improving cybersecurity and communicating the risks of cyberattacks to their organizations, according to a new report.

The number of changes in sales and use taxes declined in the fourth quarter of last year, according to a new report.

The Financial Accounting Standards Board is expected to release its long-awaited lease accounting standard this quarter, and companies are bracing for the impact on their balance sheets.

The Indiana CPA Society’s CPA Center of Excellence is seeing greater demand for online learning in nontraditional areas for accountants, according to a new survey.

The Internal Revenue Service has filed a tax lien for $4,628,928.55 against Martin Shkreli, the former CEO of Turing Pharmaceuticals who hiked the price of a lifesaving medication produced by the company by 5,000 percent.