Internal Revenue Service chief counsel Donald L. Korb has named Stephen Kesselman to become deputy chief counsel, operations, succeeding IRS veteran Donald T. Rocen. Kesselman is currently serving as counsel in the IRS' Small Business/Self-Employed Division. Rocen, who has held a number of posts in the Office of the Chief Counsel for 15 years, will leave the service July 27 for the Washington law firm of Miller & Chevalier. Lon B. Smith, associate chief counsel of financial products and institutions, will now become national counsel to the chief counsel for special projects. He has served in the Office of Chief Counsel for 30 years.
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Current IASB chair Andreas Barckow's term ends on June 30, but his final successor isn't expected to be installed until Oct. 1.
June 12 -
Deficiency rates in audits of broker-dealers declined in 2025, according to the Public Company Accounting Oversight Board — particularly for auditors that perform a large number of engagements.
June 12 -
Plus, Expensify, Ignition both announce new MCPs; Xero makes standard ACH free; and other news and updates from the accounting tech arena.
June 12 -
Accounting undergraduate enrollment grew 8.9% in spring 2026 year-over-year, continuing steady growth for the third consecutive year.
June 12 -
Plus, MarcumAsia launches a SPAC and de-SPAC practice; CrossCountry elevates two co-CEOs; and other firm and personnel news from across the profession.
June 12 -
Ultimate frisbee team; sham sale; abusive trust; and other highlights of recent tax cases.
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