Michael Cohn

A San Francisco tax firm founded by a group of former Arthur Andersen partners has taken the questionable step this week of renaming its firm from WTAS to Andersen Tax.

Private sector employers added 204,000 jobs in August, including 78,000 jobs at small businesses, according to payroll giant ADP, in a further indication of a strengthening economy.

CPAs who are also business executives are becoming more optimistic about their hiring plans, according to a new survey by the American Institute of CPAs.

A trade group representing credit unions is expressing concerns over upcoming standards from the Financial Accounting Standards Board on credit losses.

The research and advisory firm Celent has released a new report cautioning wealth management professionals to be careful about using personal information, recent location and analytical data in their communications with clients that could strike them as “creepy.”

Comedian and actor Chris Tucker has reportedly settled a tax lien with the Internal Revenue Service, with his representative blaming “poor accounting and business management.”

The Internal Revenue Service and the Treasury Department have released their Priority Guidance Plan for 2014 to 2015, including the treatment of employer-provided meals.

Marcum LLP has embarked on a joint venture with motivational speaker Tony Robbins to offer CFO-like services to small and midsize businesses.

While the effort to pass federal legislation governing sales and use taxes on online purchases appears to have stalled, some states have begun their own initiatives to require online merchants to collect and remit taxes from e-commerce customers across state lines.

The Internal Revenue Service has released the summer 2014 edition of its quarterly Statistics of Income Bulletin, providing data on foreign controlled domestic corporations and municipal bonds from tax year 2011.

Paychex reported Monday that the pace of small business hiring slowed down somewhat in August, continuing a trend in recent months.

The American Institute of CPAs is asking for feedback as it plans the next version of the Uniform CPA Examination to respond to changing needs in the CPA profession.

Arthur Andersen, the former Big Five firm that collapsed over a decade ago in the wake of the Enron and WorldCom scandals, has been revived by a group of former Andersen partners who have changed the name of their firm from WTAS to Andersen Tax.

The Internal Revenue Service has issued a notice warning businesses not to get caught in backup withholding if the name and taxpayer identification number submitted on a Form 1099-K doesn’t match the IRS’s other records.

The Internal Revenue Service has released a set of long-delayed draft instructions for the forms that companies need to file to comply with the employer mandate in the Affordable Care Act.

The Financial Accounting Standards Board has released a proposed 2015 GAAP Financial Reporting Taxonomy for public review and comment, containing computer-readable financial reporting labels coded in Extensible Business Reporting Language, or XBRL.

The receipt of a comment letter from the Securities and Exchange Commission induces many top executives to start selling shares in their companies before the letters are released to the public, according to a new study.

The Securities and Exchange Commission said Friday it has issued a whistleblower award of more than $300,000 to a company employee who performed audit and compliance functions and reported wrongdoing to the SEC after the company failed to take action when the employee reported it internally.

H&R Block and Liberty Tax have been expanding from traditional tax preparation services into other areas such as bookkeeping as they reach out to service small business clients year-round, giving traditional accountants some extra competition.

AccountantsWorld has redesigned Website Relief, the company’s cloud-based software for helping accounting firms create websites and virtual offices.