Michael Cohn

Ohio accounting firm Whalen & Company CPAs is starting a new venture this year by merging in the QuickBooks consulting firm Simplibooks and launching a new tax preparation service it is calling Simplitax.

Machen McChesney has acquired Wolf & Taunton, a Montgomery Ala.-based accounting firm, effective Dec. 1, 2015.

TaxAct has released the 2015 Preparer’s Editions of its tax preparation software.

The Internal Revenue Service has dropped a proposed regulation giving tax-exempt organizations the option of providing the Social Security Numbers of their donors.

A filmmaker is suggesting a new way to avoid skirmishes over notoriously dubious Hollywood accounting.

Dixon Hughes Goodman LLP said Wednesday that Baltimore-based Stegman & Company will join the firm on June 1, 2016.

WeiserMazars LLP has elected CEO Victor Wahba as the new chairman of the firm, effective Jan. 1, 2016, succeeding Douglas A. Phillips, who has become a senior advisor to the firm.

CBIZ, Inc. has acquired the non-attest business of the San Diego, Calif.-based firm Millimaki Eggert, LLP, effective January 1, 2016, while CBIZ’s affiliated CPA firm Mayer Hoffman McCann P.C. has acquired Millimaki Eggert’s attest business.

National Taxpayer Advocate Nina E. Olson released her 2015 annual report to Congress on Wednesday, focusing on her concern that the IRS may be on the verge of dramatically scaling back telephone and face-to-face service it has provided for decades.

Private sector employers added 257,000 jobs to their payrolls last month as the economy continued to strengthen across most sectors, according to payroll giant ADP.

Wolters Kluwer Tax & Accounting has formed a new North American software unit led by Jason Marx, formerly the head of the company's Small Firm Services unit.

San Antonio CPA firm Findling, Milam & Pyle has joined Houston and San Antonio-based ABIP, PC, effective Jan. 1, 2016.

Jackson Hewitt Tax Service and American Express teamed up Tuesday to give clients the option to receive tax refunds on an American Express Serve account.

BeachFleischman PC has merged in Cervantes CPA Firm, P.C., a Scottsdale, Ariz.-based firm, effective Jan. 1, 2016.

The Financial Accounting Standards Board has endorsed a consensus recommendation from the Private Company Council to remove the effective dates for four standards.

The Internal Revenue Service said Tuesday that taxpayers are receiving letters with the wrong date listed for their Identity Protection Personal Identification Numbers, which are generally issued to victims of tax-related identity theft.

The Federal Accounting Standards Advisory Board has released an exposure draft of a proposed Statement of Federal Financial Accounting Standards on insurance programs for the federal government.

An employee who worked in the IRS’s Taxpayer Advocate Service at a job assisting identity theft victims has instead been charged with running a $1 million identity theft tax fraud scheme.

Payroll giant Paychex reported a slight decline in small business employment growth in December.

The Financial Accounting Standards Board issued Tuesday a long-awaited accounting standards update for the recognition and measurement of financial instruments that it has been developing for over a decade with the International Accounting Standards Board.