Michael Cohn

Millions more taxpayers will be receiving the Form 1099-K in the mail this year for the first time if they were paid $5,000 or more last year.

The world economy is poised for "reasonable, but not particularly exciting" growth, yet uncertainties abound, according to a new report.

Grassi merged in Anstiss & Co.; and Platform Accounting Group added AKM Advisors.

TIGTA report suggests the IRS needs to do more to enable whistleblowers to report on fraud, waste and abuse, even if they've signed nondisclosure agreements.

The Internal Revenue Service made progress on its customer service and systems last year, but it's still facing challenges with processing tax returns on time.

Senate Finance Committee chairman Mike Crapo, R-Idaho, and ranking member Ron Wyden, D-Oregon, issued a discussion draft of bipartisan legislation.

The Internal Revenue Service is making progress on whittling down the amount of time it takes to help victims of tax-related identity theft.

Avantax acquired Sweeney Kovar, and Marsico Financial Group bought Care Accounting.

Financial executives are eyeing economic uncertainty and market volatility as they look ahead this year, according to a new report.

Fewer CFOs expect to give out pay increases to employees in 2025 and the raises are likely to be smaller, according to a new survey from Gartner.

The International Auditing and Assurance Standards Board and the International Ethics Standards Board for Accountants launched their sustainability standards.

The IRS kicked off tax season facing a hiring freeze imposed by President Trump in an executive order and uncertainty over $20 billion in budget cuts.

Tax prep giant H&R Block celebrated its 70th anniversary at an event Thursday in New York as it gets ready for the start of tax season on Monday.

The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that had been criticized by the industry and even by some of its own commissioners.

The Supreme Court stayed an injunction on the CTA and its beneficial ownership information requirement, but it remains on hold due to a separate injunction.

The IRS doesn't have the authority to independently verify that recipients of Low Income Taxpayer Clinic grants are eligible to receive them.

The Institute is asking the Treasury and the IRS to increase the safe harbor for companies seeking to avoid determining whether the CAMT would apply to them.

Lawmakers in the House and Senate reintroduced bipartisan legislation to provide faster filing relief to taxpayers hit by natural disasters.

The Financial Accounting Standards Board released a proposed ASU containing a set of targeted improvements to the FASB Accounting Standards Codification.

More states are expected to simplify their sales tax laws and leverage artificial intelligence for doing tax audits, according to a new report from Avalara.