Michael Cohn

Five defendants from around the country have been indicted by a federal grand jury in Erie, Pa., on charges of conspiracy to commit wire fraud and aggravated identity theft in a scheme in which the Internal Revenue Service paid out approximately $10 million in tax refunds.

Only a little over half of small businesses understand and are prepared for the changes required by the Affordable Care Act, according to a new survey.

The Center for Audit Quality has released a paper setting out an approach to developing audit quality indicators, which it will be pilot-testing with several auditing firms and audit committees.

The Internal Revenue Service said Wednesday it is taking new steps to fix the HeartBleed bug that was recently identified on sites across the Internet.

The International Auditing and Assurance Standards Board has released for re-exposure an enhanced International Standard on Auditing that clarifies the auditor’s reporting responsibilities for the information included in corporate annual reports.

The Internal Revenue Service has released the 2015 inflation-adjusted deduction limitations for annual contributions to a health savings account.

Construction companies have seen steady profit and sales growth recovery since 2009, but 2013 figures indicate their rate of growth is slowing, according to data from the financial information company Sageworks.

The more discipline an individual brings to their finances, the more financially secure he or she feels in the present, and the greater likelihood they’ll be happy in the future, according to a new study.

As the number of large partnerships involving 100 or more direct partners continues to grow, the Internal Revenue Service is taking a closer look at them, according to a new government report.

Employees are becoming increasingly engaged and more proactive in their financial planning, according to a new study.

The Internal Revenue Service has arranged to pay Microsoft extra money to continue to support its old Windows XP computers beyond the cutoff date that Microsoft has imposed for supporting the old operating system.

The Internal Revenue Service is anticipating the chances of a tax return being audited to be the lowest in years.

The accounting and advisory firm Baker Tilly Virchow Krause has introduced an interactive online mapping tool that helps users determine if a business or development project may qualify under various criteria for the New Markets Tax Credit or Low-Income Housing Tax Credit program.

A pair of senators have called on the Social Security Administration to end the policy of seizing taxpayers’ refunds to hold them accountable for decades-old errors made by the agency that led to the overpayment of benefits, and the agency has agreed to do so.

The International Federation of Accountants has received £4.935 million ($8.256 million) in funding from the United Kingdom’s Department for International Development, or DFID, for the purpose of strengthening professional accountancy organizations around the world.

The Governmental Accounting Standards Board has issued a concepts statement that will guide GASB in establishing accounting and financial reporting standards for U.S. state and local governments regarding the measurement of assets and liabilities.

Internal Revenue Service commissioner John Koskinen addressed a special thank you to the tax community in an email to tax professionals Friday, noting that their work is “critical to running the tax system and helping the nation.”

Many corporate tax executives are lost when it comes to the tax implications of doing business in the cloud, leading to missed cost savings and the possibility of future tax liabilities and reputational risks, according to a new survey by KPMG.

Singer and actress Courtney Love has reportedly been on the receiving end of a $319,749 tax lien from the Internal Revenue Service.

The Internal Revenue Service has released the 2014 version of “The Truth about Frivolous Tax Arguments,” a document that describes and responds to some of the common frivolous tax arguments made by those who oppose the federal tax laws.