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Two recent reports demonstrate how tax breaks at the state and federal level can help reduce poverty.

First, a bit of non-news: College is expensive. Last school year, private colleges averaged over $31,000. But there is some relief available from a tax perspective.

The Internal Revenue Service is testing a new Return Review Program to help identify instances of tax return fraud, but the security of the system needs improvement, according to a new government report.

Host Analytics announced new analytical, mobile and data integration capabilities to the Host Analytics Modeling Cloud.

Approximately 1,100 public companies changed their audit firms in 2014, a number approximately the same as in 2013, although one company managed to change its audit firm three times last year while another changed its audit firm for the first time since 1890.

Tax services firm Ryan has acquired EnerTax Consultants to expand its severance tax practice into one of the biggest in the U.S.

PricewaterhouseCoopers, the global consulting and accounting firm, announced Tuesday that it will begin to help its junior-level employees pay back their student loans. Starting next July, all of PwC’s associates and senior associates—approximately 45 percent of the firm's 46,000 employees, from entry-level to six years of experience—will become eligible to receive as much as $1,200 a year for up to six years toward their student loans.

The Internal Revenue Service’s Collection Due Process Program, which allows taxpayers to appeal a tax levy or lien, continues to experience problems, according to a government report.

Deloitte reported Tuesday its global annual revenues reached $35.2 billion in fiscal year 2015, a 7.6 percent growth rate in terms of local currency.

The Michigan Association of Certified Public Accountants (MICPA) will honor the Michigan recipients of the AICPA 2015 Women to Watch Award at its annual Awards Dinner on Sept. 30. The MICPA Women’s Initiatives Task Force selected three MICPA members to receive the AICPA’s Women to Watch Experienced Leader Award and one to receive the Emerging Leader Award.