Michael Cohn

The Fifth Circuit has reinstated an injunction on beneficial ownership reporting only days after lifting it.

Private collection agencies have recovered only about $2.4 billion in tax debt payments since April 2017 out of the $64.9 billion assigned to them by the IRS.

The Internal Revenue Service's program for destroying sensitive paper documents needs to be improved after inspectors found many documents easily accessible.

Companies that work with auditors who have more industry experience but charge more than competitors offering "lowball" fees tend to save more money in the end.

After an injunction was lifted by an appeals court, the Treasury's Financial Crimes Enforcement Network has extended the deadline for beneficial ownership information reporting.

Only about one-third of taxpayers globally believe tax revenues in their country are being spent for the public good.

In a comment letter, the institute says the board's new requirements could drive smaller auditing firms out of the market.

The optional standard mileage rate for automobiles driven for business will increase 3 cents next year.

The Financial Accounting Standards Board issued an invitation to comment on whether to pursue a project on accounting for intangible assets.

Expatriate advocacy groups are applauding legislation introduced this week that would implement a residence-based taxation system for U.S. citizens living overseas.