Michael Cohn

CPAs in New Jersey expect their business to grow in the year ahead and have a positive view of New Jersey’s economic performance, but a majority also expect their clients will pay more taxes in 2015 than in 2014, according to a new survey.

Nearly 80 percent of Americans feel vulnerable to tax scams, according to a new survey, but nearly 60 percent of the respondents said they do not know how to prevent or protect themselves from falling victim.

XBRL US, a nonprofit organization that helps develop Extensible Business Reporting Language data tags in the U.S., is offering free data quality tools to help companies improve their XBRL financial filings with the Securities and Exchange Commission and avoid "Dear CFO" letters.

Accounting, tax preparation, bookkeeping and payroll services are collectively amongst the most profitable industries, according to Sageworks, a provider of financial information on privately held companies.

A majority of employees believe workplace etiquette affects their career prospects, but they also think people become less courteous as they rise to the top, according to a new survey by Accountemps, a staffing company for temporary accounting, finance and bookkeeping professionals that’s part of staffing giant Robert Half.

The Internal Revenue Service is generally providing accurate income and family size information to health insurance exchanges to determine the eligibility of individuals for health insurance and the Advance Premium Tax Credit, according to a new government report.

H&R Block has created a new program to draw CPAs and other accountants who are interested in selling their practices or becoming H&R Block franchises, with the new service spearheaded by accounting industry consultant Jennifer Katrulya.

The Internal Revenue Service is offering tax relief to U.S. citizens and resident aliens living or working in war-torn South Sudan.

The Institute of Internal Auditors has proposed a set of enhancements to its International Professional Practices Framework, which encompasses all the authoritative standards and guidance for internal auditors promulgated by the IIA.

Neil Prasad has been named partner-in-charge of the Los Angeles office of the New York-based accounting and advisory services firm Marcum LLP.

CliftonLarsonAllen has acquired PKC Consulting, an accounting, consulting and tax services firm based in La Crosse, Wis.

WeiserMazars LLP has expanded its health care practice as well as expanded into California with the acquisition of pmpm Consulting Group, a Sacramento-based health care consulting firm that specializes in providing managed care services.

Senate Republicans blocked a final vote Wednesday on a bill aimed at preventing tax breaks for companies that relocate abroad.

Leaders of the Senate Finance Committee have introduced bipartisan legislation to improve protection for taxpayers against fraudulent tax refund claims made with stolen identities.

The Competitive Enterprise Institute, a public policy group that advocates for free markets and limited government, said Thursday its attorneys have petitioned the Supreme Court to review an appeals court ruling last week that upheld an Internal Revenue Service regulation allowing premium tax credits for health insurance purchased on a federal exchange.

Internal Revenue Service commissioner John Koskinen is putting his hopes in the IRS’s recently introduced Form 1023-EZ, which is intended to expedite applications by small charities for tax-exempt status facing a long backlog.

The Securities and Exchange Commission announced charges against the CEO and former CFO of a Florida-based computer equipment company for misrepresenting to external auditors and the investing public the state of its internal controls over financial reporting.

SocialCPAs, a group that aims to help accounting professionals with social media, has re-launched its annual survey on social media use.

A bill requiring government agencies to disclose how much companies would be able to claim in tax credits and other benefits when they reach settlements with enforcement agencies has passed a key committee.

The online audit confirmation service Confirmation.com has expanded its presence in Europe with the acquisition of ProConfirm Ltd., an electronic audit confirmation service based in London.