Michael Cohn

The economic benefits of the income exclusion for U.S. citizens working abroad are uncertain, according to a new government report.

The Securities and Exchange Commission charged the former chief risk officer at Deloitte LLP with violating auditor independence rules by accepting casino markers from a casino gaming company client.

Rep. Jim Renacci, R-Ohio, a CPA, has introduced a bipartisan bill to bring more accountability and transparency to the federal government’s financial statements by making the Federal Accounting Standards Advisory Board more independent.

Thomson Reuters has released a tax act overview and monthly client marketing newsletter focused on the Affordable Care Act that tax, accounting and employee benefits firms can provide to clients, prospects and other contacts.

Democrats in the House and Senate introduced legislation Tuesday to tighten the restrictions on corporate tax inversions, limiting the ability of U.S.-based companies to avoid U.S. taxes by combining with a smaller foreign business and moving their tax domicile overseas.

The Internal Revenue Service needs to better adhere to requirements to justify and document noncompetitive contract awards, according to a new report.

The International Ethics Standards Board for Accountants has released for public comment an exposure draft on proposed changes to certain provisions of the ethics code related to non-assurance services for audit clients.

A task force at the American Institute of CPAs is urging CPAs to embrace new ways of learning and professional development to compete better in a rapidly evolving global marketplace.

American Institute of CPAs president and CEO Barry Melancon discussed the need for greater diversity at CPA firms as efforts at greater inclusion seem to be running into some headwinds.

The American Institute of CPAs is pushing back against a proposal by Internal Revenue Service commissioner John Koskinen to offer a form of voluntary tax preparer certification after a series of court rulings invalidated the IRS’s efforts to require mandatory testing and continuing education of preparers.

The American Institute of CPAs has honored CPAs Vern Hoven and Sharon Kreider with the 2014 Sidney Kess Award for Excellence in Continuing Education.

CPA2Biz, the business and technology subsidiary of the American Institute of CPAs, has changed its company name to CPA.com to more closely align with its mission of “empowering CPAs and businesses for the digital age.”

The Association for Accounting Marketing and Hinge Research Institute have released a study that examines overall marketing spending at accounting firms, including compensation for marketing staff, the top five spending categories, and detailed budget breakdowns by firm size and market location.

The American Institute of CPAs has presented its AICPA Medal of Honor to Gary M. Scopes and its Public Service Award to Diane Cornwell.

The U.S. Court of Appeals for the D.C. Circuit has denied an emergency motion by the National Association of Manufacturers, the U.S. Chamber of Commerce and the Business Roundtable to stay the Securities and Exchange Commission’s conflict minerals rule under the Dodd-Frank Act requiring companies to disclose their use of minerals such as tungsten and tin mined in war-torn areas of Africa like the Democratic Republic of the Congo.

Accountants should take the lead in assessing the impact on their companies of the depletion of natural resources, recommends a new report.

The Governmental Accounting Standards Board has issued a proposed standard to address the accounting and financial reporting issues related to fair value measurements for state and local governments.

The Internal Revenue Service has begun accepting applications once again for its Low Income Taxpayer Clinic grants.

The Public Company Accounting Oversight Board has released staff guidance on how the PCAOB should perform an economic analysis as part of its standard-setting process.

Nearly half the tax returns on which individuals claimed tax deductions for alimony payments did not match up with their former spouse’s tax returns, showing a total “alimony gap” of over $2.3 billion in 2010, according to a new government report.