Michael Cohn

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.

Republican presidential candidate and famed neurosurgeon Ben Carson has released a flat tax plan as he aims to revive his candidacy.

H&R Block has planned a big money giveaway to lure clients to its offices this tax season.

Insero & Co. CPAs has merged in Ciaschi, Dietershagen, Little, Mickelson & Company, LLP, effective Jan. 1, 2016.

Top 100 firm Wipfli LLP has merged in Steinberg Advisors, Ltd., effective January 1, expanding the Milwaukee-based firm’s presence in Illinois.

Fast-growing New York CPA firm O’Connor Davies has merged in Flackman, Goodman & Potter, a New Jersey-based accounting firm that specializes in transaction advisory services for private equity funds.

James Brendel has been named managing partner of Hein & Associates LLP after 28 years at the nationwide accounting and advisory firm.

CliftonLarsonAllen has merged in four more firms—Four Point Partners, Guthoff Mehall Allen & Company, Komisar Brady & Co. LLP, and Galanti & Company P.C.—with all the deals effective Jan. 1, 2016.

Illinois-based accounting and consulting firm CDH has merged in the consulting firm Heath Corporation, effective Dec. 1, 2015.

The majority of CPAs in Pennsylvania and New Jersey feel that local economic growth is suffering from government gridlock and federal regulations, according to a new poll.

Central Florida CPA firm Averett Warmus Durkee, has joined WithumSmith+Brown, PC, effective Dec. 31, 2015.

Top 100 firm Friedman LLP has combined forces with Philadelphia-based accounting firm, Shechtman Marks Devor PC, effective Jan. 1, 2016.

Leaders of the Financial Accounting Standards Board and the International Accounting Standards Board are bracing for the release of the leasing standard and other standards that have been under development and generating debate for over a decade.

Baldwin CPAs merged in Anderson, Bryant, Lasky & Winslow, PSC, a firm based in Louisville, Ky., effective Jan. 1, 2016, expanding the firm’s presence in Kentucky.

The House has approved tax extenders legislation that makes a number of the periodically expiring tax breaks into permanent features of the tax code.

On the heels of the Public Company Accounting Oversight Board’s new standards for disclosure of audit engagement partners, the International Accounting Education Standards Board has issued new guidance for the implementation of its own standard, IES 8, Professional Competence for Engagement Partners Responsible for Audits of Financial Statements (Revised).