Michael Cohn

Fifty-five percent of Americans expect to receive a refund on their taxes this year and nearly 37 percent will use their refund to pay off debt, according to a new poll.

A majority of Indiana CFOs who are also CPAs see positive indicators for growth of their company and industry, and encouraging signs for the local and state economy, although the outlook for the U.S. economy was not quite as bright.

Deloitte LLP named Joseph Ucuzoglu as chairman and CEO of Deloitte & Touche LLP, the firm's audit practice subsidiary.

The International Accounting Standards Board issued an overview of its upcoming lease accounting standard Monday, saying it plans to complete its deliberations on the long-awaited standard this month and to issue the standard later this year.

The Internal Revenue Service issued a consumer alert Friday warning taxpayers to beware of tax preparers who tell clients to give them their health insurance payments.

A Finnish government tax auditor died at his desk while examining tax returns and the death went unnoticed in his office for about two days.

New York City’s Department of Consumer Affairs wants to expand interest in free tax preparation services, particularly for low-income New Yorkers who qualify for the Earned Income Tax Credit, by redesigning the sites where they can get Volunteer Income Tax Assistance.

The Institute of Certified Public Accountants in Ireland and the South African Institute of Public Accountants have signed a memorandum of understanding establishing a partnership to distribute an online CPA Certificate in International Public Sector Accounting Standards Financial Reporting in South Africa.

A significant number of companies are anticipating an increase in open accounting and finance positions in the second quarter of this year, according to the Chicago-based staffing firm Brilliant.

A majority of small businesses are happy with their accountants, but feel they pay too much in taxes, even though they’re not sure their accountants can do much to reduce their tax liability, according to a new survey.

The accounting profession has long grappled with the question of how to diversify its ranks to provide better representation of women and minorities, particularly in the upper echelons of firms.

The Senate Finance Committee heard testimony Thursday about the increasing prevalence of tax scams and identity theft, with senior citizens finding themselves especially vulnerable to callers impersonating Internal Revenue Service employees.

The most popular way Americans will use their tax refunds is to pay down their debt, according to a new survey.

The Ohio Society of CPAs has begun providing a series of “micro” learning courses for CPAs packaged in 10-minute modules.

Dave Camp, the former Republican chairman of the tax-writing House Ways and Means Committee who spearheaded an effort at tax reform in Congress, has joined PricewaterhouseCoopers as a senior policy advisor based in PwC US’s Washington National Tax Services practice.

While the major international accounting firms no longer do business in Iran, the country’s own accounting firms have been faring well, according to a new report.

A married couple who are partners in a Louisiana tax preparation service are also allegedly partners in crime, according to prosecutors.

The Internal Revenue Service said it has federal income tax refunds totaling $1 billion waiting for an estimated 1 million taxpayers who did not file a federal income tax return for 2011.

The Internal Revenue Service generally has adequate processes in place to prevent inadvertent disclosures of taxpayer information to unauthorized people, but it also understates the number of inadvertent disclosures it makes, according to a new government report.

The leaders of the Senate Finance Committee, chairman Orrin Hatch, R-Utah, and ranking Democrat Ron Wyden, D-Ore., have revived a bipartisan effort to solicit ideas from interested members of the public and other stakeholders on how best to overhaul the tax code to make it simpler, fairer and more efficient.