Michael Cohn

Chief financial officers in both the U.S. and Europe are concerned about the financial prospects for their own companies as well as global economic conditions, according to a new survey.

The Internal Revenue Service is planning to improve the technology used by its Taxpayer Advocate Service to better handle the many requests it receives from taxpayers seeking help with their IRS problems, but the project has been put on hold due to budget cuts.

The Internal Revenue Service needs to go to greater lengths to safeguard taxpayer information on health insurance exchanges, according to a new government report.

CPA.com, the American Institute of CPAs’ business and technology subsidiary, has increased its service offerings and built revenues after the AICPA changed the name from CPA2Biz.

The Internal Revenue Service posted the annual cost-of-living adjustments for pension plans and other retirement plans for 2015, allowing taxpayers to contribute up to $18,000 in their 401(k) plans in 2015.

Business confidence and the economic outlook have improved dramatically for small and medium-sized enterprises in the past year, according to a new survey by the Association of Chartered Accountants and the Institute of Management Accountants.

Optimism for the nation’s economic outlook among U.S. business leaders remained strong in the third quarter, according to a new survey by Grant Thornton.

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, is planning a project to review and update its decade-old Enterprise Risk Management–Integrated Framework.

The average tax refund in 2014 was $2,696, up 1.5 percent from the average refund of $2,656 in 2013, according to a new report on how well the Internal Revenue Service operated last tax season.

The American Institute of CPAs has introduced two new tools to help CPA firms and organizations expand and enhance their diversity and inclusion efforts.

A bipartisan group of 15 senators has written to the Internal Revenue Service urging the agency to do a better job of preventing tax refund fraud using stolen identities.

The Internal Revenue Service’s Office of Safeguards is not doing enough to protect the federal tax information that it is required to disclose to other government agencies, according to a new report.

The American Institute of CPAs is getting ready to roll out its long-awaited update of compilation and review standards for CPAs, Statement on Standards for Accounting and Review Services No. 21 (SSARS No. 21), one of the most significant revisions in non-audit standards in the last 35 years.

O’Connor Davies LLP, a New York City-based CPA firm, said Tuesday it would merge with Perl & Asch CPAs, P.C., a 26 year-old practice in Purchase, N.Y., effective Jan. 1, 2015.

A majority of board members at public companies want Congress to pass broad-based tax reform legislation to address corporate tax inversions, according to a new survey.

The American Institute of CPAs has asked the Equal Employment Opportunity Commission to reject appeals by EEOC staff to investigate and litigate against accounting firms about their mandatory partner retirement provisions, saying in a letter Monday that the classification of partners as employees would be disruptive to the accounting profession and its business practices.

The Internal Revenue Service will not meet the Treasury Department’s 2015 goal for full compliance with a directive requiring federal agencies to issue identification cards that allow workers to gain access to federally controlled facilities and information systems, according to a new government report that found IRS officials citing the lack of enough funding and staff as the main obstacles.

The CPA Consultants’ Alliance has released a new report on what drives happiness in CPA firms.

The Internal Revenue Service did not always issue a notice of its intent to issue a levy on taxpayer assets, according to a new report.

The Internal Revenue Service paid approximately $33 million for paper tax records storage services in fiscal year 2013, and as of March 2014, and the agency had 5.42 million cubic feet of paper tax records stored at various Federal Records Centers across the country, according to a new report.