Michael Cohn

Tax benefits for individuals and small businesses that expired in 2013 could have an impact on as many as one in six taxpayers, according to a new analysis.

BDO said Monday that its network of member firms around the world achieved $7.02 billion in revenue for the fiscal year ended Sept. 30, 2014, an increase of 8.8 percent from last year.

The Internal Revenue Service needs to take action to resolve millions of dollars in so-called “frozen credit accounts” that are effectively in a state of limbo, preventing some taxpayers from receiving their tax refunds, according to a new government report.

Two of the Big Four accounting firms are teaming up with technology companies to see how technology can be used to encourage more companies to do integrated reporting.

The International Ethics Standards Board for Accountants has proposed tougher rules to discourage accountants from providing misleading financial information about businesses.

The Internal Revenue Service has issued a notice, regulations and other guidance related to the Affordable Care Act, including information on getting a hardship exemption from the individual mandate for health insurance coverage.

California is the state with the highest number of ultra-wealthy individuals in the United States, according to a new report.

Holiday shoppers who are planning spending sprees at their local stores on Black Friday and Thanksgiving weekend will be contending not only with door-buster bargains, but also with sales taxes, which in some states and localities can be much higher or lower than others.

Tax refund fraud associated with prisoner Social Security Numbers remains a growing problem for tax administration despite the Internal Revenue Service’s efforts to curb it, according to a new government report.

The CFO role is continuing to expand, particularly to human resources and information technology, according to a recent survey.

Wolters Kluwer has released a new paper to provide financial organizations with best practices for stress testing.

The share of families with an individual account retirement plan such as an IRA or 401(k) is decreasing, but the assets in those plans are increasing, according to a new study.

In honor of the upcoming Small Business Saturday, payroll service provider Paychex, Inc. and its www.BuildMyBiz.com partners are recommending five tools that will help advance the long-term success of small businesses.

The American Institute of CPAs has broadened its relationship with Instituto Nacional de Contadores Públicos, Colombia’s largest member organization representing public accountants.

The Internal Revenue Service has issued a new revenue ruling on mass transit passes provided as fringe benefits to employees and how to pay for them.

Wolters Kluwer CCH Small Firm Services has enhanced its Client Accounting Suite with an improved Client Checkbook that streamlines data entry.

The International Federation of Accountants and the donor signatories of MOSAIC (Memorandum of Understanding to Strengthen Accountancy and Improve Collaboration) launched the MOSAIC website last week at the World Congress of Accountants in Rome to support the global accounting profession worldwide.

AccountantsWorld has improved its popular Accounting Power cloud-based software to better accommodate smartphones and tablets.

The Governmental Accounting Standards Board has issued two documents describing its preliminary views on lease accounting for state and local governments, and financial reporting for fiduciary responsibilities, as it solicits public comments on possible standards.

The economy is in a relative holding pattern when it comes to both national and state economic indicators, according to a poll of CPAs in New Jersey and Pennsylvania, while a high proportion of CPAs in New Jersey are recommending that their clients relocate to another state to avoid high estate and inheritance taxes.