Michael Cohn

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.

The Internal Revenue Service has issued a notice asking for comments on the effect of the new revenue recognition standards on taxpayers’ methods of tax accounting.

The U.S. Labor Department’s Employee Benefits Security Administration has released a study criticizing the quality of employee benefit plan audits performed by CPAs, finding that serious deficiencies in 39 percent of the audits are putting the benefit plans and 22.5 million participants and beneficiaries at risk.

CFOs and their employees don’t necessarily see eye to eye on the most common violations of workplace etiquette.

On the heels of a disclosure this week that identity thieves were able to access 104,000 tax returns through the Internal Revenue Service’s Get Transcript application, a new report finds that the IRS is improving its identification of fraudulent tax returns involving identity theft.

Thomson Reuters has released the fourth edition of its treatise, "Tax Planning for Highly Compensated Individuals," by Robert E. Madden on the Thomson Reuters Checkpoint service.

The International Accounting Standards Board has proposed a set of enhancements to the Conceptual Framework for Financial Reporting.

The Financial Accounting Standards Board has released a proposed accounting standards update to simplify the accounting for measurement-period adjustments in business combinations.

The Internal Revenue Service has released the spring 2015 issue of the Statistics of Income Bulletin, which features preliminary data for individual income tax returns filed for tax year 2013, indicating that taxpayers were earning more income and relying less on unemployment insurance as the economy recovered from recession.

The Center for Audit Quality has premiered an online video series, “Profession in Focus," featuring interviews with leaders in the profession, starting with Deloitte’s new CEO, Cathy Engelbert.

Thomson Reuters has added content on like-kind exchanges to its Checkpoint Catalyst tax research system to help tax practitioners secure tax deferrals for their clients.

The Internal Revenue Service’s collection employees might not be taking all the actions they could to collect tax debts owed by defunct companies before closing out the cases, according to a new report.

Senate Finance Committee Chairman Orrin Hatch, R-Utah, has written to IRS Commissioner John Koskinen for answers about the massive data breach that the IRS disclosed this week.

The Internal Revenue Service’s Criminal Investigation unit was among the law enforcement agencies involved in indicting nine officials from FIFA, the international soccer federation that hosts the World Cup, along with five corporate executives involved in a massive bribery scheme.

The Internal Revenue Service warned of a huge data breach of its online Get Transcript application that allowed the tax returns of approximately 104,000 taxpayers to be accessed by identity thieves.

The American Institute of CPAs is beginning to administer exams for the Chartered Global Management Accountant designation.