Michael Cohn

David J. Moynihan, a past president of the New York State Society of CPAs and audit partner at the Bonadio Group’s Syracuse office, died early Friday morning after a nearly year-long battle with cancer.

Six former members of the University of South Dakota football team have pleaded guilty to participating in a tax refund fraud scheme.

In what may prove to be either a casting coup or a disaster in the making, Ben Affleck is set to star in an action thriller entitled “The Accountant.”

The House fell only a few votes short of rolling back a requirement for companies with annual revenue below $250 million from filing their financial statements with the Securities and Exchange Commission in the data-tagged Extensible Business Reporting Language format.

The Public Company Accounting Oversight Board has updated its standard-setting agenda after undergoing criticism that it is not moving faster on releasing new standards.

The U.S. Bureau of Labor Statistics reported Friday that total nonfarm payroll employment rose by 252,000 in December, and the unemployment rate declined two-tenths of a percentage point to 5.6 percent. While job gains occurred in professional and business services, along with other industries such as construction, food services and drinking places, health care, and manufacturing, December's job losses in accounting and bookkeeping offset the gains in November.

The U.S. ranked as the sixth most optimistic economy in the world among business leaders despite some recent declines, according to a new survey by Grant Thornton.

Two Democrats on the Senate Finance Committee have introduced legislation to regulate paid tax preparers in response to the federal court decision that found the Internal Revenue Service had exceeded its statutory authority in regulating preparers.

Accounting and finance professionals who switched jobs last year saw an average salary increase of 13.24 percent, according to a new survey.

The Internal Revenue Service has issued guidance on the mass transit tax break that was recently extended by Congress late last month when it passed long-overdue tax extenders legislation, along with a special administrative procedure to help employers cope with the last-minute retroactive extension.

Employment and pay at small businesses continued to grow in December, although the number of hours worked by small business employees declined slightly last month, according to QuickBooks maker Intuit.

The Treasury Department and the Department of Health and Human Services are getting ready for the 2015 tax-filing season and the onslaught of questions they anticipate about the Affordable Care Act.

The Tax and Accounting business of Thomson Reuters has released a list of states whose tax codes make it easiest for people to keep their New Year’s resolutions.

Even though the Internal Revenue Service has reported an overall decline in the improper payment rate for the Earned Income Tax Credit since fiscal year 2003, the amount of payments made in error has increased from $10.5 billion in fiscal year 2003 to $14.5 billion in fiscal year 2013, according to a new government report.

Employers in the private sector boosted their workforce by 241,000 jobs last month, according to payroll giant ADP, in a further indication of an improving economy.

Last year was characterized by fundamental changes across the global tax landscape as governments looked to reform how multinational corporations are taxed, and 2015 promises more of the same.

The pace of small business employment growth slowed in December, according to payroll giant Paychex and the research firm IHS, but remains in positive territory.

CFOs in North America are feeling more optimistic about the prospects for their companies and the economy as a whole in the New Year, according to a new survey.

Thomson Reuters’ Checkpoint research service has released a special report on the recent tax extenders legislation that was approved last month by Congress, along with the new ABLE Accounts that provide a type of tax-advantaged savings program for disabled individuals.

Ryan has acquired Taxaccord, a tax automation services firm that focuses on multinational corporations.