Michael Cohn

The Internal Revenue Service said it is looking at a plan to realign compliance operations inside its two largest business units, Wage and Investment (W&I) and Small-Business Self Employed (SB/SE).

The Internal Revenue Service has agreed to turn over the rest of the outstanding emails from Lois Lerner, the former director of the IRS’s Exempt Organizations unit, to the House Ways and Means Committee.

The Internal Revenue Service is putting the focus on small businesses next week in connection with Small Business Week with a pair of webinars on independent contractors and major tax mistakes.

Thomson Reuters has formed a strategic relationship with Avention to give users of its ONESOURCE Transfer Pricing software access to Avention’s industry report module.

The Financial Accounting Foundation has issued its 2013 Annual Report, entitled “The Road Ahead,” outlining the future direction of the FAF and the standard-setting boards it oversees, the Financial Accounting Standards Board and the Governmental Accounting Standards Board.

The Financial Accounting Standards Board has issued a proposed accounting standards update on “pushdown accounting” from FASB’s Emerging Issues Task Force.

Internal Revenue Service Commissioner John Koskinen testified before the House Ways and Means Oversight Subcommittee on Wednesday about the 2014 tax filing season and other matters, including problems with administering the Earned Income Tax Credit and oversight of tax preparers.

The Public Company Accounting Oversight Board has issued a supplemental request for comments on its proposal to reorganize the existing PCAOB auditing standards, while also providing an online demonstration of the proposed reorganization, presenting the existing auditing standards as they would look if reorganized according to the proposed framework.

The Public Company Accounting Oversight Board has announced settled disciplinary orders against two audit firms and four individuals for violating federal securities laws, including one case of fraud, and violating PCAOB rules and auditing standards relating to auditor independence, quality control and audit documentation.

The Tax & Accounting business of Thomson Reuters kicked off its seventh annual series of Partner Summits series Wednesday in Minneapolis.

The Chartered Institute of Public Finance and Accountancy and the International Integrated Reporting Council said Wednesday they are creating a public sector pioneer network to promote the implementation of integrated reporting in the public sector.

The House Ways and Means Committee may have broken the law when it publicly disclosed confidential taxpayer information in a letter to Attorney General Eric Holder.

Nearly two-thirds of corporate tax leaders are skeptical about the two-year timeline set by the Organization for Economic Cooperation and Development for curbing multinational tax avoidance, according to a new survey by KPMG.

Making partner at a Big Four accounting firm in the United Kingdom is no longer a privilege enjoyed only by those born in wealthy families, according to a new academic study.

The Securities and Exchange Commission has issued an order staying the effective date for compliance with the some of the conflict minerals rules the agency had drawn up after an appeals court ruled that they violated the First Amendment.

The Internal Revenue Service’s Office of Professional Responsibility has disbarred a former Massachusetts CPA and attorney for falsely claiming to be a CPA on power of attorney forms that he submitted to the IRS even after his CPA license had been revoked.

The Internal Revenue Service said it would regard 2014 and 2015 as a transition period for purposes of IRS enforcement and administration of the Foreign Account Tax Compliance Act, or FATCA, for banks that have made a good-faith effort to comply.

The American Institute of CPAs’ Auditing Standards Board has issued three auditing interpretations in response to the new Governmental Accounting Standards Board pension standards.

Former New York City Mayor Michael Bloomberg and former Securities and Exchange Commission chairman Mary Schapiro have joined the board of the Sustainability Accounting Standards Board, serving as chair and vice-chair, respectively, of the fledgling organization.

Eighty-one percent of U.S. CEOs believe the current international tax system needs to be reformed, according to a new survey by PricewaterhouseCoopers,