Michael Cohn

LexisNexis has introduced Lexis Advance Tax, a specialized research portal providing news and analysis to accountants, tax and estate attorneys, government tax professionals and other tax practitioners.

Hiring at small professional services firms grew a bit last month, according to the latest figures from CBIZ.

As expatriate taxpayers face increasing difficulties from implementation of the Foreign Account Tax Compliance Act, the Internal Revenue Service is offering YouTube videos and other online resources to assist taxpayers overseas.

The Tax Court has held in favor of a taxpayer who claimed a whistleblower award that the Internal Revenue Service wanted to reject because the whistleblower had brought the information directly to an IRS operating division before filling out paperwork requesting an award from the IRS Whistleblower Office.

A trade association representing the casino industry is sounding the alarm over proposed regulations from the Internal Revenue Service that would lower the threshold for reporting winnings from slot machines, keno and bingo.

Deloitte’s new global CEO Punit Renjen took the reins this week as the new CEO of Deloitte Touche Tohmatsu Limited, also known as Deloitte Global, and defined the global organization’s priorities.

After serving as managing director of Gumbiner Savett Inc. for nearly a decade, Michael Savoy has decided to step down from his position as the head of the leadership team of the Santa Monica-based firm and will be replaced by Rick Parent.

H&R Block is testing new technology that uses Facebook’s Oculus virtual reality equipment to provide avatars of tax preparers for customers of the future.

The Internal Revenue Service has released new guidance on penalties for failing to file a foreign bank account report, capping the maximum percentage of the penalty and providing new requirements for documentation and approval by IRS examiners.

Employment in the private sector increased by 201,000 jobs last month in another healthy sign of an improving economy, according to figures from payroll giant ADP.

The New York State Society of CPAs has elected Joseph M. Falbo Jr. as its new president.

The Internal Revenue Service discovered last month that criminals accessed around 104,000 tax returns through its Get Transcript application and tried to get hold of approximately 100,000 more.

The Governmental Accounting Standards Board has voted unanimously to approve two new standards that it believes will significantly improve the accounting and financial reporting by state and local governments for postemployment benefits other than pensions, primarily retiree health insurance.

The pace of small business hiring appears to be leveling off, according to a new report from payroll giant Paychex and the research firm IHS.

The Internal Revenue Service is clarifying some of its procedures for changing a method of accounting.

The Internal Revenue Service has agreed to change its policy on identity theft and provide victims with copies of the fraudulent tax returns that have been filed under their names by scammers.

The Internal Revenue Service has new deficiencies in its internal controls over financial reporting, according to a new report from the Government Accountability Office.

A new report from Ernst & Young demonstrates how many multinational corporations are being pushed in the direction of greater transparency about their tax strategies as their reputations come under attack in the U.S. and abroad for shifting their profits to tax havens.

The Virginia Society of CPAs has announced its officers and board of directors for the 2015–2016 fiscal year.

The Public Company Accounting Oversight Board has issued a paper examining potential changes to standards involving the use of specialists by auditing firms and is looking for public comments.