Michael Cohn

Small business employment growth has remained relatively stable for the second month in a row, according to payroll service giant Paychex.

The International Auditing and Assurance Standards Board has released an exposure draft proposing changes to how auditors should handle engagements reporting on summary financial statements.

In an age of stepped-up regulation and enforcement, accountants and their clients need to know how to cope with a variety of different agencies, including the Securities and Exchange Commission and the Public Company Accounting Oversight Board.

The Financial Accounting Standards Board has issued a three-part accounting standards update for employee benefit plans accounting as part of its efforts to simplify the accounting rules.

Business executives are giving mixed predictions on when and if tax reform will finally happen in Washington, in a new survey.

The Internal Revenue Service’s Collection division is piloting an initiative to make early contact with employers who may be falling behind in their payroll taxes.

The Financial Accounting Standards Board is beginning to hear from not-for-profit organizations and their accountants about the far-reaching changes it has proposed in reporting by nonprofits, and finding there are some disagreements, even among FASB’s own leaders.

A short-term highway-funding bill passed by the Senate on Thursday contains a number of tax-related provisions, including changing the due dates for partnership and C corporation tax returns.

The Internal Revenue Service is providing a safe harbor for contracts on services that are performed on a regular basis such as janitorial and landscape maintenance and software support.

Seventeen states will soon offer sales tax holidays where state sales tax charges are temporarily dropped on back-to-school items and other qualifying products.

Plaintiffs filed 85 new federal class-action securities cases against U.S.-based companies in the first half of 2015, a decrease from the second half of last year, which saw 92 cases filed, according to a new report.

The International Accounting Standards Board has proposed making some clarifications to the revenue recognition standard that it released last year with the U.S. Financial Accounting Standards Board.

The International Public Sector Accounting Standards Board has released for comment a consultation paper on Recognition and Measurement of Social Benefits.

The Internal Revenue Service is hampered by incomplete information from health insurance marketplaces in its efforts to oversee tax breaks for individuals in the Affordable Care Act, according to a new government report.

The Internal Revenue Service’s total tax debt inventory has increased 23 percent since 2009 to $380 billion, according to a new government report, while the agency’s collection staff has declined 23 percent after years of budget cuts.

House Ways and Means Committee members Charles Boustany, R-La., and Richard Neal, D-Mass., have released a bipartisan proposal to create a so-called “innovation box,” a lower tax rate on income derived from intellectual property to encourage more multinational companies to keep intangible assets in the U.S.

The International Federation of Accountants has released a new briefing paper on how accountants can help their organizations address sustainability issues and incorporate them into business decisions.

The Department of Justice’s Office of Inspector General issued a report criticizing PricewaterhouseCoopers’ audit of Big Brothers Big Sisters of America and has referred to the matter to the American Institute of CPAs’ Professional Ethics Division.

The Anti-Fraud Collaboration, a joint effort of the Center for Audit Quality, Financial Executives International, the Institute of Internal Auditors and the National Association of Corporate Directors, has released the third in a series of case studies examining how to identify and stop accounting fraud in an organization.

Electronic payments and banking technology provider ACI Worldwide said the Internal Revenue Service has extended its relationship with the company’s OfficialPayments.com online bill payment service portal.