Michael Cohn

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.

Taxpayers are willing to go through more steps when preparing their tax returns, such as confirming their identifications and proving additional documentation, if it can help combat tax fraud and identity theft, according to a new survey.

The Internal Revenue Service and the Free File Alliance have reached a new five-year agreement to continue providing free tax preparation software for 70 percent of tax filers.

The CPA Consultants’ Alliance has approved a slate of new officers following CPACA’s annual meeting in Tampa, Fla., and issued a new report on the most pressing issues for 2015 for CPA consultants.

Internal audit is extending its traditional role as an assurance provider into playing a more proactive role as trusted advisor, according to a new report by PricewaterhouseCoopers.

A Kalamazoo, Mich., tax preparer who billed herself as the “#1 Tax Lady” has been indicted on multiple counts of tax fraud.