Michael Cohn

The Internal Revenue Service has released a draft version of the 2026 Form W-2, Wage and Tax Statement, with new fields for the exemptions on tips and overtime.

CFOs and corporate controllers aren't as concerned anymore about accountant shortages and are dialing back their hiring plans.

The Institute of Internal Auditors expressed its opposition to efforts to slash the funding of the Government Accountability Office nearly in half.

The total effective tax rate for the 400 wealthiest Americans was lower than the general population, according to a new study.

One of Accounting Today's fastest-growing firms has recently relaunched its website and brand.

The Internal Revenue Service is reportedly reversing course on some of its wide-ranging job cuts after realizing they reduced the staff too drastically.

The Internal Revenue Service issued answers to frequently asked questions about the soon-to-expire tax credits for solar and wind power and electric vehicles.

The IRS is asking the public to weigh in on free tax filing options for an upcoming congressional report, amid worries about the likely demise of Direct File.

The International Accounting Standards Board issued a set of amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures.

80% of accounting and tax firms plan to raise their fees next year, with many shifting from hourly billing to value-based pricing.

The Internal Revenue Service and the Treasury intend to issue proposed regulations involving the transfer of United States real property interests.

The government could collect up to $1.5 billion more in tax revenue over five years if pipe tobacco and roll-your-own tobacco were taxed the same as cigarettes.

The Internal Revenue Service and the Treasury issued a notice saying they intend to issue proposed regulations withdrawing the DPL rules for multinationals.

Taxpayers are unable to get through to live help through the IRS's toll-free phone lines, even when the IRS claims its wait times are only about three minutes.

The FAF Board of Trustees selected Dalia Blass to serve as its new board chair and appointed Erin Hill as the FAF's new executive director.

The IRS failed to follow its own procedures when terminating thousands of probationary employees or consider their individual performance.

The Top 10 Firm based in Chicago plans to acquire a Boston-based strategy consulting firm that specializes in services for private equity firms.

The Internal Revenue Service is preparing to open the 2026 Compliance Assurance Process program application period for public companies with at least $10 million in assets.

The Internal Revenue Service is disputing claims that spread on social media last week about $1,390 stimulus checks being mailed to taxpayers.

The deal bolsters FMS's position in delivering managed accounting services to independent restaurants and food retail businesses.