Michael Cohn

A group of mostly Democratic lawmakers sent a letter to Treasury Secretary Scott Bessent criticizing recent moves to ease the corporate alternative minimum tax for large corporations in two recent notices.

Accounting firms are reporting strong growth in revenue, and continuing increases in staff comp, according to a new survey from the American Institute of CPAs.

A group of firms is combining under the Richey May brand to create a national footprint and rank among the Top 50 Firms.

The market for transferable tax credits for clean energy grew in the past year, but moves by the Trump administration blocked wind and solar energy.

The International Ethics Standards Board for Accountants posted two new publications from its staff on two of its recent standards.

The Internal Revenue Service intends to shut down nine in-person Taxpayer Assistance Centers in six states as part of the administration's cost-cutting moves.

The Internal Revenue Service has hit taxpayers with over $162 million in penalties for claiming fraudulent tax credits touted on social media.

Lawmakers introduced two pieces of legislation to completely eliminate taxes on Social Security benefits and extend the premium tax credits for health insurance for one year

The economy showed further signs of a slowdown as the unemployment rate edged up one-tenth of a point to 4.3%.

The State Department can disclose tax return information to contractors who help revoke or deny a passport of anyone with a seriously delinquent tax debt.