Michael Cohn

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.

Small business owners with between one and 10 employees are more optimistic about the economy than they have been in two years, according to a new survey by payroll provider SurePayroll.

James Schnurr, the recently appointed chief accountant at the Securities and Exchange Commission, had an intriguing suggestion recently: why not allow U.S. companies to use International Financial Reporting Standards on a voluntary basis as a supplement to their U.S. GAAP financial statements?

The Internal Revenue Service reportedly sent over 2,500 letters last month to tax preparers warning about potential errors that the IRS spotted on the Schedule C they filed for their sole proprietor business clients.

The Internal Revenue Service and the Treasury Department have issued final regulations under the Affordable Care Act to protect patients in tax-exempt hospitals from aggressive debt collection practices and to provide other rules for charitable hospitals.

The end of the year is traditionally the time when taxpayers rush to get their last-minute charitable contributions made so they can write off the deductions on their taxes before April 15.

KPMG is highlighting some of the main business tax issues that are likely to play a role in the debate next year over tax reform as a new Congress takes office.

Companies where women are CFOs are less likely to adopt risky tax strategies than companies managed by male CFOs, according to a new academic study.

The Securities and Exchange Commission has launched a pilot program aimed at simplifying investor analysis and comparisons of public company financial statement data using Extensible Business Reporting Language, or XBRL, and other types of data.

Over the past year, private companies grew sales 8.6 percent and are seeing their highest net profit margin in three years, at 6.6 percent, according to a new report from the financial information company Sageworks.

More companies are reporting an increased number of open accounting, finance and information technology positions, according to a new study.

The International Auditing and Assurance Standards Board has released a strategy and work plan for improving audit quality in the new few years.