Michael Cohn

Crowe Horwath LLP has issued a year-end tax-planning guide with information on income tax deductions, investments, retirement and estate planning and tax rates, along with what to do about the uncertain state of the tax extenders legislation in Congress.

The American Institute of CPAs’ Auditing Standards Board has issued a new auditing standard on internal control and an interpretation related to the sustainability financial statements used by the government for long-term projections of social insurance programs.

The Internal Revenue Service’s Information Reporting Program Advisory Committee issued its annual report for 2015, with numerous recommendations including changes in the IRS’s Taxpayer Identification Number Matching Program.

House Oversight and Government Reform Committee Chairman Jason Chaffetz, R-Utah, and 18 Republican members of his committee have introduced a resolution to begin proceedings in the House to impeach Internal Revenue Service Commissioner John Koskinen.

AccountantsWorld CEO Dr. Chandra Bhansali is warning about the tax season crunch that many accountants will be facing in a few months when their clients come in to not only do their taxes, but also close the books on their small businesses, while getting help complying with the Affordable Care Act.

Top 100 accounting firm Mountjoy Chilton Medley LLP plans to merge in Cincinnati-based CPA firm Cooney Faulkner & Stevens, effective Jan. 1, 2016.

The Securities and Exchange Commission has charged the St. Joe Company, a Watersound, Fla.-based real estate developer and landowner, its former top executives, and two former accounting department directors, with improperly accounting for the declining value of its residential real estate developments during the financial crisis.

The Sustainability Accounting Standards Board has introduced a new credential for accountants and other professionals who deal with sustainability issues.

The Senate Finance Committee held a hearing Tuesday to find out from Internal Revenue Service commissioner John Koskinen how his agency has responded to the committee’s recommendations in an August report on the scandal involving how the IRS reviewed applications for tax-exempt status by political groups.

Thomson Reuters has published a guide for tax professionals whose clients have been victimized by tax-related identity theft.

The Financial Accounting Standards Board and the International Accounting Standards Board have delayed the effective date of their converged revenue recognition standard for a year, but companies are going to need the extra time to get their systems adjusted.

The Department of Justice has closed its investigation of the scandal over applications for tax-exempt status by political groups and decided not to file criminal charges.

The Internal Revenue Service is cautioning tax preparers that they are prime targets for identity thieves who are looking for data to use when filing fraudulent tax returns.

McGladrey LLP has changed its name to RSM US LLP and launched a national advertising campaign to promote the new brand.

Deloitte recently formed a Social Impact Practice to help clients deal with pressing global issues such as food security, health, education, clean water and the environment.

Education services company Kaplan Inc. a subsidiary of publicly traded Graham Holdings, has agreed to acquire SmartPros, Ltd., a provider of accredited professional education and training for accountants and other finance professionals.

The Internal Revenue Service recently proposed regulations that could have a big impact on U.S.-based multinational corporations that are considering incorporating a foreign branch operation or transferring intellectual property abroad.

The Securities and Exchange Commission reported Thursday on its enforcement results in fiscal year 2015, highlighting several cases involving accounting and auditing lapses.

Magician David Copperfield has sued his accountant for failing to file his 2008 and 2009 Canadian tax returns and not telling him his previous accountant didn’t file his 2007 Canadian tax return either.

The Internal Revenue Service has been providing face-to-face assistance to fewer people at its Taxpayer Assistance Centers around the country, according to a new government report.