Michael Cohn

A bipartisan group of lawmakers has introduced legislation in the House that would make the current adoption tax credit fully refundable.

The National Association of State Boards of Accountancy and the American Institute of CPAs are proposing to revise the standards for continuing professional education for accountants, adding new methods for “blended learning” combining live classes and online study, and “nano-learning” in short 10-minute segments.

House Ways and Means Committee chairman Paul Ryan, R-Wis., explained his tax reform plans Tuesday during a speech before the American Institute of CPAs at the AICPA’s Spring Meeting of Council in Washington, D.C.

The American Institute of CPAs’ governing council approved a resolution authorizing the development of two new credentials for fair value measurement at the AICPA’s Spring Meeting of Council in Washington, D.C., on Monday.

American Institute of CPAs president and CEO Barry Melancon told AICPA members at the Spring Meeting of Council in Washington, D.C., on Monday about the Institute’s efforts to improve audit quality and the peer review process.

The American Institute of CPAs kicked off its Spring Meeting of Council in Washington, D.C., on Sunday with a packed agenda of meetings with lawmakers to press for priorities, including improvements in taxpayer service by the Internal Revenue Service.

Members of U2 defended the Irish rock band’s tax strategy as the band kicked off its world tour.

The International Federation of Accountants has submitted a response to the European Commission regarding a recent green paper on building a stronger capital markets union.

The Internal Revenue Service is marking National Military Appreciation Month with a free tax guide about tax benefits for the military.

An Alabama woman has been charged with filing more than 3,000 tax returns over a two-year period claiming over $7.5 million in fraudulent tax refunds.

BDO USA said Friday it would add Stone Carlie & Company to its firm, expanding Chicago-based BDO into the St. Louis market and in the process becoming a firm with more than $1 billion in annual revenue after a string of recent mergers and acquisitions.

The Securities and Exchange Commission charged a CPA and his son in New York on Thursday, accusing them of conducting an insider trading scheme involving tips on nonpublic information that they sent in coded email messages disguised as discussions about golf.

Fans of the award-winning AMC cable TV series “Mad Men” are anxiously awaiting the series finale on Sunday, but many longtime viewers may not be aware that the show about Madison Avenue advertising agency executives was partly inspired by a movie about an accountant.

The head of a Senate investigative subcommittee said he plans to look into problems with the health insurance marketplaces set up for the Affordable Care Act that forced many taxpayers to owe some of the tax credit money they had received for buying health insurance.

The owner of a business that provided notary and tax preparation services in Camden, N.J., has pleaded guilty to filing false personal tax returns.

The Internal Revenue Service and the Justice Department have decided to dismiss a case against a North Carolina small business owner from whom they had seized $107,000 in a controversial practice known as civil asset forfeiture.

The Securities and Exchange Commission has appointed Wesley R. Bricker as deputy chief accountant overseeing the accounting group in the agency’s Office of the Chief Accountant, replacing Dan Murdock, who is leaving the SEC for a job in the private sector.

The Internal Revenue Service estimates that 27 percent or $17.7 billion in Earned Income Tax Credit payments were issued improperly in fiscal year 2014, according to a new government report.

Nearly half of all states impose taxes on memberships in gyms, health clubs, athletic clubs and fitness clubs, while the rest either exempt memberships or don’t have state sales taxes at all, according to new research.

The International Federation of Accountants has released guidance to help professional accountancy organizations with their advocacy and public policy efforts, along with a proposed compliance strategy for IFAC member bodies around the world.