Michael Cohn

The proposed update aims to enhance the guidance for share-based consideration payable to a customer in conjunction with selling goods or services.

The two organizations proposed a set of changes in the model legislation used in many states to reflect an alternative pathway to CPA licensure based on competency.

The Treasury's Financial Crimes Enforcement Network has created an online toolkit to help small businesses comply with the new beneficial ownership reporting requirements.

The International Accounting Standards Board has begun a public consultation on proposed amendments to IFRS to account for investments in associates and joint ventures.

The Internal Revenue Service needs to do more to get ready for new reporting requirements on the Form 1099-K and 1099-DA, according to a new report.

National Taxpayer Advocate Erin Collins issued a mea culpa admitting to the findings of a recent report faulting the Taxpayer Advocate Service that she runs for slow responsiveness to taxpayers.

The Internal Revenue Service cautioned taxpayers to steer clear of promoters who claim their services are needed to handle unpaid debts, saying such businesses often charge excessive fees and often produce no results.

Officials from the IRS's Criminal Investigation division are meeting with leaders from Australia, Canada, the Netherlands and the U.K. this week for a Cyber Challenge.

Prosperity Partners, a private equity-backed firm in Chicago, has completed the acquisition of Detroit-based Cendrowski Corporate Advisors.

A new Deloitte survey shows 58% of CFOs saying the result of the presidential election will be extremely or very consequential for their organization.

After the leaking of Donald Trump's and a number of billionaires' tax info, House lawmakers voted to stiffen the penalties for unauthorized disclosures.

The Regional Leader firm based in Jackson, Tennessee, has received a strategic investment from Copley Equity Partners LLC.

The firm agreed to settle charges with the SEC over negligence for its work for the now shuttered crypto exchange.

The International Accounting Standards Board has begun a research project to review the requirements for the statement of cash flows and related matters.

The Internal Revenue Service issued final regulations on consistent basis reporting between an estate and a person acquiring property from a decedent.

The business advisory and consulting firm is adding a San Jose-based accounting advisory and financial operations firm.

The Internal Revenue Service issued a notice on Friday excluding from gross income the value of any tribal general welfare benefit.

The Ways and Means Committee advanced five tax-related bills, including one that would eliminate a requirement to report payments of $600 from third-party networks.

The Internal Revenue Service and the Treasury issued proposed regs on the Corporate Alternative Minimum Tax.

The cutbacks are a sign of further retrenchment among the Big Four firms.