Michael Cohn

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.

The Internal Revenue Service has reportedly filed a tax lien against actress, singer and model Vanessa Williams for $369,249 in unpaid taxes dating back to 2011.

The Indiana CPA Society's recently established CPA Center of Excellence has published a new book on “CPA Excellence.”

One of the big trends this summer has been the ALS Association’s remarkable success with its “ice bucket challenge,” but the very success of the campaign could pose a challenge of its own to the ALS Association and other charities.

American Express is showing off some innovative technologies for tennis fans at the U.S. Open in Queens, N.Y., that might provide some inspiration for financial professionals.

The Financial Accounting Standards Board has issued a new accounting standards update to provide guidance on disclosing uncertainties about a business’s ability to continue as a going concern, while further distancing U.S. GAAP from International Financial Reporting Standards.