Michael Cohn

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.

The Institute of Internal Auditors plans to launch a Financial Services Audit Center this summer to help internal auditors at financial firms.

BDO USA has issued its annual list of the top issues it expects to be raised at the annual general meetings of shareholders during the coming year.

The Internal Revenue Service has issued a notice in anticipation of the ABLE tax-free savings accounts that disabled Americans will soon have the ability to set up to cover expenses such as education, housing and transportation.

The Senate has re-introduced a bipartisan bill aimed at making it easier for states to collect sales taxes on online purchases.

A group of Republican senators have introduced legislation to disallow the Earned Income Tax Credit for prior tax years to any immigrants who would benefit from President Obama’s executive action on immigration reform.

Criminal prosecutions by the Internal Revenue Service appear to be timed to coincide with tax season, according to a new analysis.

Pressure from within companies on internal auditors to go easy on their audits remains extensive and pervasive, according to new research.

Better communication among internal and external auditors and audit committee members can ease some of the tensions, according to a new report.

Compensation for management accounting and finance professionals rose by an average of 7.1 percent last year, according to a new survey, but some specialties received raises while others saw their salaries remain stagnant.

The Financial Accounting Standards Board said Monday that the Securities and Exchange Commission has adopted its 2015 GAAP Financial Reporting Taxonomy, which uses XBRL format.