Michael Cohn

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.

It’s not likely to be as big a summer blockbuster as “Jurassic World,” but a new documentary about the carried interest tax break has just premiered.

The IRS has issued proposed regulations that provide guidance to U.S. taxpayers who receive gifts or inheritances from certain individuals who have expatriated.

A group of Democratic lawmakers in Congress are urging the Treasury Department to crack down on corporations that use tax inversions to merge with foreign companies to lower their tax rates and publish a shame list of them.

The International Accounting Standards has issued an amendment to its revenue recognition standard, IFRS 15 Revenue from Contracts with Customers, formalizing the deferral of the effective date by one year until 2018.

The board of directors of the National Association of Black Accountants has selected Jina Etienne, the American Institute of CPAs' director of taxation, as NABA's new president and CEO, effective Sept. 17, 2015.

This week happens to be National Payroll Week, so it’s a good time to sort through some of the misconceptions and lingering questions about payroll that accountants may be hearing from their business clients.

Bloomberg BNA has released BNA State Tax Analyzer, a multi-state, multi-year, multi-scenario state tax analysis tool for corporate income taxes.

The Securities and Exchange Commission filed accounting fraud charges against two former top executives of a now-bankrupt online video management company, accusing them of falsifying financial statements to make the company appear more profitable than it was in reality.

The Internal Revenue Service’s Automated Collection System lacks key controls for selecting which delinquent tax cases to pursue, according to a new report by the Government Accountability Office.

The pace of new hiring for accounting and finance jobs is expected to hit its highest level this year during the fourth quarter within certain markets, according to a new report.

The Internal Revenue Service cannot readily identify American citizens and resident aliens working in a foreign country, along with resident aliens working in the United States, who may have improperly claimed exemption from U.S. Social Security taxes, according to a new report.

The Institute of Internal Auditors has sent a letter to the Securities and Exchange Commission calling on the SEC to require internal audit functions for all publicly traded companies.

The Securities and Exchange Commission will be poring over the comments it received on its recent proposal to toughen audit committee disclosures after the comment deadline expired Tuesday.

The Internal Revenue Service is making changes to a program that aims to combat tax delinquency by over 300,000 current and retired federal employees who owe more than $3 billion in taxes.

BDO USA has agreed to pay $2.1 million to settle charges from the Securities and Exchange Commission that the firm dismissed a number of red flags and issued false and misleading unqualified audit opinions about the financial statements of a staffing services company, General Employment Enterprises.