Michael Cohn

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.

The governing council of the American Institute of CPAs voted at its Fall Meeting of Council in Maui, Hawaii on Wednesday to approve a resolution authorizing an additional pathway to the Charted Global Management Accountant designation in the U.S., and officially elected Tim Christen of Baker Tilly Virchow Krause LLP as its new chairman.

The Treasury Department and the Internal Revenue Service proposed tax regulations Wednesday to bring the rules in line with recent Supreme Court decisions.

The Internal Revenue Service released its annual update Wednesday on the cost of living adjustments for pension plans and retirement plans for next year, along with the amounts of standard deductions and other tax benefits.

ADP reported a pickup in wage growth for the private sector during the third quarter of the year, especially among younger workers switching jobs.

The impact of the Organization for Economic Cooperation and Development’s Base Erosion and Profit Shifting action plan is still unclear, but tax executives are planning ahead for changes on the international tax front.