Michael Cohn

The Senate Finance Committee passed a tax extenders bill Tuesday with a bipartisan vote of 23 to 3 that extends over 50 tax breaks for two years.

Marc Rosenberg of Rosenberg Associates has published a new how-to guide for facilitating accounting firm partner retreats.

The Internal Revenue Service plans to make changes in its determination letter program for retirement plans in an effort to save money.

Tax assessments from the Internal Revenue Service’s Automated Underreporter Program have increased 85 percent in recent years, although the accuracy-related penalties were not always applied, according to a new report.

New York-based accounting firm Citrin Cooperman has introduced a new tagline, “Focus on What Counts,” as part of a rebranding initiative that also includes a new video with comments from the firm’s management.

Four out of five family-owned businesses in the United States are not ready for succession, according to a new study by the accounting firm Baker Tilly.

BDO USA saw a whopping 26 percent spike in annual revenue for the fiscal year ended June 30, 2015, growing to $1.05 billion from $833 million last year.

Approximately 710,000 taxpayers who received the Advanced Premium Tax Credit for buying health insurance last year have not filed their tax returns or filed for an extension.

Board members at nonprofit organizations are too far removed from some of their key governance responsibilities, according to a new survey by the accounting firm Marks Paneth.

House Democrats introduced two bills to shore up the Highway Trust Fund with money from corporate taxes.

The Sustainability Accounting Standards Board, a nonprofit organization that provides sustainability accounting standards that can be used on a voluntary basis by publicly listed U.S. corporations, has debuted a Data Provider Partner Program to give investors access to information on corporate sustainability performance.

E-signature provider Signix has created an infographic about the Internal Revenue Service and e-signatures.

A new academic study casts doubt on whether efforts to require companies to rotate their audit firms lead to greater professional skepticism on the part of auditors.

Rep. Sander Levin, D-Mich., the ranking Democrat on the tax-writing House Ways and Means Committee, has introduced legislation to clarify equal treatment for all married couples under the U.S. tax code in response to the Supreme Court's ruling last month allowing same-sex marriage in every state.

Senate Finance Committee chairman Orrin Hatch, R-Utah, and ranking Democratic member Ron Wyden, D-Ore., said Friday the committee will markup a tax extenders bill next Tuesday.

The ride-sharing app Uber is showing up more than taxis on employee expense reports, according to a new analysis.

The International Auditing and Assurance Standards Board has release its revised International Standards on Auditing to provide more focus on financial statement disclosures.

A coalition of employers and trade associations from a variety of different industries are asking Congress to clarify the rules for determining eligibility for tax credits for health insurance.

Undercover investigators working for the Government Accountability Office were able to receive approximately $30,000 in Advance Premium Tax Credits for health insurance after setting up a dozen fictitious accounts.

XBRL US has begun a public exposure period for rules developed by its Data Quality Committee, which aims to improve the quality of financial filings using the interactive Extensible Business Reporting Language format mandated by the Securities and Exchange Commission.