Michael Cohn

The Millennial generation is the most diligent when it comes to filing their taxes early, according to a new survey.

The Internal Revenue Service has released new data showing how successive rounds of budget cuts had an impact on activities at the agency last fiscal year.

The Institute of Internal Auditors has released an updated look at continuous auditing, providing guidance to chief audit executives on what technologies are available for continuous auditing, and how continuous auditing relates to management’s risk management, risk assessment and monitoring activities.

A new government report finds some early evidence that the Advance Premium Tax Credit probably contributed to an expansion in health insurance coverage last year, but also notes that some taxpayers still lack access to affordable health plans.

The Internal Revenue Service has settled a legal dispute with a medical marijuana dispensary by agreeing to refund approximately $25,000 in fines and abate future penalties.

Grant Thornton has issued a document describing the advantages of relocating businesses to other countries, including their tax profiles.

The consumer finance site WalletHub has produced an analysis of 2015’s Best States to Be Rich or Poor from a Tax Perspective.

The American Institute of CPAs submitted a letter last week to the Internal Revenue Service and the Treasury Department recommending relief for surviving spouses who would like to elect portability of their deceased spouse’s unused estate tax exemption.

Internal Revenue Service Commissioner John Koskinen met with the heads of some of the major tax software companies, tax preparation chains, state tax commissioners and other officials in an effort to combat the growing problem identity theft and tax fraud.

Accountants see their small and midsize business clients making plenty of mistakes once tax season rolls around, but tax season may be too late to warn them.

The Internal Revenue Service is sending letters to verify the identity of taxpayers as part of its effort this tax season to combat the growing problem of identity theft.

Congressman Keith Ellison, D-Minn., has re-introduced legislation that would impose a “Robin Hood Tax” on financial transactions and use the money to fund social programs and other causes.

David M. Walker, the former Comptroller General of the United States and head of the U.S. Government Accountability Office, has joined PricewaterhouseCoopers as a senior strategic advisor in PwC’s public sector practice.

Fewer restrictions on shareholder participation correlate with a relatively low incidence of accounting restatements, according to a new study.

More accountants like to solve problems than crunch numbers, according to a new survey.

A House subcommittee held a hearing Wednesday on the estate tax after one of its members introduced legislation to repeal it.

The Republican leaders of Congress’s two main tax committees, House Ways and Means Committee chairman Paul Ryan, R-Wis., and Senate Finance Committee chairman Orin Hatch, R-Utah, have written a letter to Treasury Secretary Jacob Lew urging him to avoid pursuing an executive action by President Obama on tax reform.

The Internal Revenue Service is canceling the two days of unpaid employee furloughs it had planned in response to budget cuts.

The American Institute of CPAs sent top tax lawmakers on Capitol Hill a package of 34 legislative proposals Tuesday that the AICPA believes promote simplicity and fairness in the tax code.

Companies often turn to their accountants when they need to cut expenses, and a good place to start is with the travel budget.