Michael Cohn

Grant Thornton Advisors is merging together more international firms in its network, adding firms in the United Arab Emirates, Luxembourg and the Cayman Islands.

The U.S. Department of Education plans to resume collecting defaulted student loans on May 5 after a years-long pause that began with the pandemic.

Paul Atkins was sworn in as the new chair of the Securities and Exchange Commission and is expected to bring a more deregulatory and crypto-friendly approach.

Billion-dollar firms Baker Tilly and Moss Adams have made their merger official, combining to form what promises to be the sixth largest CPA firm in the U.S.

The Tennessee General Assembly passed legislation backed by the Tennessee Society of CPAs adding an extra pathway to a CPA license.

The financial services firm that caters to doctors, dentists, veterinarians and podiatrists has acquired a tax and accounting firm in California.

Gary Shapley, who was named only days ago as acting commissioner, was removed by President Trump and replaced by Deputy Treasury Secretary Michael Faulkender.

The Treasury and IRS plan to withdraw regulations that labeled basis-shifting transactions among partnerships and related parties as "transactions of interest."

States including Florida, New Hampshire, Texas and South Carolina are the main ones attracting clients due to their tax-friendly policies.

The Trump administration is reportedly making plans to shut down the Internal Revenue Service's free tax prep system next year.

The Financial Accounting Foundation released its annual report, offering an overview of its activities in 2024, and at the two standard-setters it oversees.

The number of accounting-related securities class-action filings increased slightly in 2024, but were filed against smaller companies, according to a new report.

The former special agent in the Criminal Investigation division who probed Hunter Biden's taxes is expected to head the IRS.

The federal government's financial condition worsened by $4.7 trillion in the past year, according to a new report.

The bill, backed by the AICPA, would enable K-12 STEM funding to be used for accounting awareness and education and eventually help with the talent shortage.

The Internal Revenue Service commemorated the 70th anniversary of the April 15 tax filing deadline.

The Internal Revenue Service issued a notice giving some breathing room to those involved with micro-captive insurance companies.

Ohio's new law providing an alternative path to a CPA license has taken effect after 90 days and enables out-of-state CPAs to practice in the Buckeye State.

In the final days of tax season, tax professionals have been grinding through their clients' tax returns while trying to reassure them.

The two Top 25 Firms are reportedly close to a major M&A deal, which would create a firm with $3 billion in annual revenue.