Michael Cohn

Internal audit professionals are making progress in meeting cybersecurity and data privacy standards, according to a new report, but a great deal of work remains, with many of the surveyed organizations rating themselves as less than “very effective” at addressing their cybersecurity risks.

Private sector employers added 212,000 jobs in February, according to payroll giant ADP, but job gains were slightly weaker than in recent months, possibly because of the winter weather.

A looming talent shortage could undermine the gains of internal audit departments in getting attention from top corporate executives, according to a new report.

CFOs are removing some of the barriers that have traditionally existed between treasury and procurement functions.

Small business employment regained momentum last month after losing some steam during the fall and early winter, and is again growing near the same pace as the end of last summer, according to a new report.

The Internal Revenue Service’s fiscal year 2015 appropriation of $10.9 billion and staffing levels of 81,279 full-time equivalent employees continue a decline that has occurred over several years and are now below fiscal year 2009 levels, according to a new government report.

The Internal Revenue Service has issued a notice proposing a revenue procedure that, if finalized, would provide an optional safe harbor method for individual taxpayers to determine a wagering gain or loss from certain slot machine play.

The International Forum of Independent Audit Regulators released a new report Tuesday showing continuing high levels of significant deficiencies in the audits of public companies by auditing firms around the world.

Payroll and HR technology giant ADP is offering accountants and their small-business clients free access this tax season to the ADP HR HelpDesk through April 30, 2015.

Democrats on the Senate Finance Committee released a new report Tuesday, “How Tax Pros Make the Code Less Fair and Efficient: Several New Strategies and Solutions,” in conjunction with a hearing on “Fairness in Taxation.”

The Internal Revenue Service is continuing its enforcement push against refund fraud and identity theft, and today announced the Top Ten Identity Theft Prosecutions for Fiscal Year 2014.

The Sleeter Group, which hosts a popular conference for accounting technology consultants, has been acquired by Diversified Communications, a family-owned, international media company with a 65-year history.

The Internal Revenue Service’s Large Business & International division has opened a gateway that financial institutions and the tax authorities abroad can use to send information on financial accounts held by U.S. taxpayers in accordance with the Foreign Account Tax Compliance Act.

The Internal Revenue Service is auditing the taxes of fewer businesses as a result of budget cuts in recent years.

Sen. Chuck Grassley, R-Iowa, said he plans to introduce legislation to deny undocumented immigrants who qualify under President Obama’s executive action on immigration reform the ability to claim the Earned Income Tax Credit for previous years.

The Internal Revenue Service said Monday that farmers and fishermen who miss this year’s March 2 tax deadline because they are receiving corrected premium tax credit forms from the Healthcare.gov health insurance marketplace will have until April 15, 2015, to file their 2014 returns and pay any tax due.

The Governmental Accounting Standards Board has released finalized guidance on accounting and financial reporting issues related to fair value measurements, primarily applying to investments made by state and local governments.

The Internal Revenue Service has released a notice that provides guidance to employers on the requirements for employee consents used by an employer to support a claim for refund of over-collected Social Security tax and Medicare tax.

The Internal Revenue Service reportedly sent a tax lien for $6,410,449.20 to Academy Award-winning actor Robert De Niro for his 2013 taxes, but it has now been paid after the notice went to the wrong address.

The Internal Revenue Service has changed the mailing address for Form 3115, Application for Change in Accounting Method.