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A House committee plans to vote Wednesday on whether to censure Internal Revenue Service Commissioner John Koskinen over Republican claims that he obstructed an investigation into whether his agency targeted conservative groups seeking tax-exempt status.

AffordableSchools.net, a college rankings site focused on affordable academic programs, recently announced their ranking of the 20 Most Affordable Online Bachelor's Degrees in Accounting. The top three schools on AffordableSchools.net's ranking include: Western International University, National American University-Ellsworth AFB Extension, and Cleary University.

The House passed Republican-backed legislation Tuesday that would prevent the Internal Revenue Service from requiring tax-exempt 501(c) organizations to disclose the names of donors on Form 990.

Every day, the public places their trust in two seemingly unrelated entities: public auditors and the police.

The Treasury Inspector General for Tax Administration warned Tuesday about a new twist in the IRS impersonation scam, with fraudsters pretending to be Internal Revenue Service employees demanding taxpayers send them tax payments not only on iTunes gift cards, but on other types of gift cards as well.

The Tax Court has decided in favor of Medtronic in its dispute over the transfer pricing methodology used by the IRS in valuing the contributions of the medical device maker's Puerto Rican affiliate.

The Internal Revenue Service is revising its civil asset forfeiture policies after coming under pressure from Congress for failing to return funds wrongly seized from small businesses.

The majority of companies admit they are behind on implementing the new revenue recognition standard from the Financial Accounting Standards Board, according to a new survey, despite a delay of the effective date by one year.

The Taxpayer Advocate Service has added a new Employer Shared Responsibility Provision Estimator online tool to help a business determine its potential liability under the Affordable Care Act for the employer mandate.

AccountantsWorld has integrated its Accounting Power cloud-based system with the mobile payments processor Stripe.

The Virginia Society of Certified Public Accountants (VSCPA) announced on Tuesday the winners of its Outstanding Member of the Year and Top 5 Under 35 awards at a new ceremony prior to the Society's annual business meeting, held May 25 in Williamsburg.

Donald Trump has said his main tax-policy goal is a cut for the middle class, yet his guest list for a series of policy presentations at Trump Tower included a Reagan-era economist who has suggested revamping that plan.

The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, has unveiled a proposed update to its 2004 enterprise risk management framework.

South Korea is considering a bill that would allow regulators to oust the CEO of an accounting firm that is found to be negligent in controlling audit quality.

The Internal Revenue Service is warning tax professionals that next year a new law will require the IRS to hold all Earned Income Tax Credit and Additional Child Tax Credit refunds until Feb. 15 as a safeguard against identity theft and tax fraud.

The American Institute of CPAs has sent a letter to the Internal Revenue Service requesting additional guidance about how existing tax principles apply to virtual currency transactions, such as those in Bitcoin.

This week I digress from my autobiographical stories. I understand that Ben Affleck will be playing an accountant in a movie he is now filming, but until then here are my top 10 movie roles of accountants.

College Choice, an online resource ranking various college programs and institutions, recently unveiled their 2016 ranking for the best online master's in accounting programs. The University of Massachusetts and their Isenberg School of Management topped the list for digital master's programs.

Lear & Pannepacker, LLP has merged in the firm of Jay Lesser CPA, PC, in Plainsboro, N.J.

The Securities and Exchange Commission said Monday it will allow companies to voluntarily file structured financial statement data in a format known as Inline XBRL.