Michael Cohn

The Internal Revenue Service has issued a notice extending the time under which certain transitional rules for the Foreign Account Tax Compliance Act, or FATCA, will apply.

The Internal Revenue Service has issued a notice and revenue procedure indicating it is studying issues related to the spinoff of real estate assets for tax reasons.

The Institute of Management Accountants has published a new Statement on Management Accounting on Implementing an Effective Risk Appetite to help businesses identify their key risk exposures.

Top executives at mid-market companies increasingly see technology as a strategic asset that can drive competitive advantage and are taking a more active role in technology decisions, according to a new report from Deloitte.

The Securities and Exchange Commission imposed sanctions Thursday against a Florida-based CPA for performing deficient and fraudulent audits and quarterly reviews for eight publicly traded companies, and issuing false and misleading audit opinions on the companies’ annual financial statements.

Wolters Kluwer Tax & Accounting US is offering its predictions for the estimated ranges for each 2016 tax bracket, based on the inflation data released this week by the U.S. Department of Labor.

The Internal Revenue Service has issued a notice advising taxpayers that the Treasury Department and the IRS intend to propose regulations providing that health insurance issuers must report coverage in catastrophic health insurance plans.

The New York State Society of CPAs is opening an office in the state capital of Albany to expand CPAs’ legislative reach.

Accountants need to be at the forefront of cybersecurity to safeguard the sensitive personal and corporate financial information they handle, according to a new report.

Thomson Reuters has introduced a Tax Fundamentals Certificate Program for tax professionals and those who help them.

Investors place the greatest trust in independent auditors, according to a new survey by the Center for Audit Quality.

The tax law firm Burt, Staples & Maner LLP has joined Ernst & Young as the accounting firm expands its international tax practice.

The Association of Chartered Certified Accountants has teamed up with the United Nations Children’s Fund in an effort to show companies how to improve children’s rights around the world, while also expanding its efforts to educate accountants in the U.S. and abroad.

Bloomberg BNA has released a report on projected 2016 tax rates, providing a detailed forecast of inflation-adjusted tax items.

Thomson Reuters is forecasting the tax rates for next year and predicting they will be adjusted upward in line with modest inflation.

The Internal Revenue Service has set the special per diem rates starting Oct. 1, 2015, which taxpayers can use to substantiate the amount of expenses for lodging, meals, and incidental expenses when traveling away from home.

Pressures are growing quickly around the world for internal auditors who work in the financial services industry, according to a new report.

The tax-writing House Ways and Means Committee plans to hold votes Thursday on several Republican-sponsored bills that would make five temporary tax breaks into permanent parts of the Tax Code.

Ernst & Young reported that its global revenues for the fiscal year ended June 30, 2015 rose to $27.8 billion, an 11.6 percent increase over the firm’s fiscal 2014 revenues in local currency terms.

The Association of Chartered Certified Accountants and the Institute of Management Accountants have debuted a new website and research report exploring the future of the accounting and finance profession.