Michael Cohn

A new study of consumer spending of tax refunds finds a correlation between how the refunds are perceived and whether taxpayers opt to spend the money right away or save it for later.

Faced with steep budget cuts, the Internal Revenue Service directed more taxpayers to consult Web sites and its mobile app for answers to their questions this year rather than visiting the IRS’s walk-in Taxpayer Assistance Centers or calling its phone lines, while also using technology to detect tax refund fraud.

Small businesses are benefiting from the improving economy, and both hiring and access to credit have been picking up in recent years, even though there have been some recent slowdowns.

Tax directors at many organizations anticipate their companies will grow by entering into new domestic and international markets in the years ahead, according to a new survey by BDO USA.

The Association of Chartered Certified Accountants and the Institute of Management Accountants have published a report examining the future function of the CFO in the finance department of tomorrow.

A new tax prep franchiser called Happy Tax is hoping to make a dent in an already crowded industry with a new business model involving CPAs.

Internal Revenue Service Commissioner John Koskinen has sent a message of thanks to tax professionals and their partners for managing to get through a “challenging” tax season.

The American Institute of CPAs has sent a set of proposals outlining its recommendations for permanent tax provisions related to disaster relief.

Senate Finance Committee chairman Orrin Hatch, R-Utah, sent a letter Tuesday to Internal Revenue Service commissioner John Koskinen questioning the agency’s expenditures on office furniture, toys and surveys at a time when the IRS chief has been complaining about budget cuts at the hands of Congress.

The nonprofit organization Tax Analysts has created an interactive bar graph of audit rates to provide information on the chances of being audited by the Internal Revenue Service depending on different business types and individual income levels.

MapLight, a nonpartisan research organization that tracks money's influence on politics, has released a new analysis of how major tax and accounting organizations are spending funds on lobbying Congress and federal agencies.

Main Street Solutions has introduced ClientLink Pro, cloud-based software that allows accountants and tax professionals to share documents and collaborate with clients.

Profitability, hiring and revenue expectations among business leaders in mature economies soared in the first quarter of this year, according to a survey by Grant Thornton.

Comedian John Oliver, host of the HBO series, “Last Week Tonight,” defended the Internal Revenue Service on his show Sunday evening, with the assistance of singer Michael Bolton.

The Association for Accounting Marketing plans to launch a Business Development Community at its annual conference in June to bring together business developers from various accounting firms.

The Internal Revenue Service is asking tax professionals to refrain from directing their clients to call the IRS’s e-help desk, saying that it is causing longer hold times on the phone line, which is only supposed to be used by practitioners.

Consumer demand is not affected as much by sales taxes that are tacked onto purchase prices, as opposed to excise taxes that are included in the purchase price, according to a new study.

Taxpayers are waiting on long lines in front of the Internal Revenue Service’s Taxpayer Assistance Centers for routine services this tax season, as the IRS’s budget crunch even limits the number of printed tax forms the agency can distribute.

Victims of identity theft are continuing to experience long delays and errors in receiving their tax refunds, according to a new report.

The consumer finance site WalletHub has created a ranking of the best and worst states to be a taxpayer.