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The Institute of Internal Auditors has introduced an online tool to help its members develop a personalized career development plan.

New York’s banking regulator will ask for more than $300 million to settle an investigation into whether Bank Leumi Le-Israel BM helped Americans evade taxes, a person familiar with the matter said.

Governments around the world closed in on tax evaders with an automatic data-sharing accord that broadens efforts by the U.S. and the five biggest European Union economies to more than 50 countries and territories.

Many CPAs are asked to act as trustees or are retained to prepare fiduciary income tax returns for trusts. The CPA who is involved in trust issues must become aware of the fiduciary trust accounting rules that apply to a given trust.

Hedge funds and portfolio managers often have sophisticated needs when it comes to dealing with capital gains taxes and keeping them to a minimum, and one of the wrinkles they need to deal with is a constructive sale.

The Securities and Exchange Commission has approved the Public Company Accounting Oversight Board’s new standard on auditing related party transactions and significant unusual transactions.

Nearly 60 percent of initial public offerings in 2011, 2012 and 2013 on the U.S. markets used at least one non-GAAP financial measure in their financial statements, according to a new study by PricewaterhouseCoopers.

A former Internal Revenue Service employee received a prison sentence for leading a conspiracy to steal taxpayers’ identifying information in order to receive fraudulent tax refunds.

Accounting firms Elliott Davis and Decosimo said Wednesday they plan to merge at the beginning of the year to create one of the largest regional firms in the U.S.

The Internal Revenue Service issued two items of guidance Wednesday in response to the need for charitable and other relief due to the Ebola outbreak in West Africa.

Xero launched its new Xero U, a customized learning environment for accounting professionals and small businesses.

The National Conference of CPA Practitioners is warning that the complexities of the Affordable Care Act may negatively affect millions of taxpayers in the upcoming tax season.

An astute observer of human nature once stated, “People don’t care how much you know until they know how much you care.”

The Internal Revenue Service is not providing personal identity numbers to all taxpayers who are the victims of tax-related identity theft, according to a new government report.

KPMG LLP has created a new group within the firm known as KPMG Strategy to help business clients execute enterprise-wide transformation strategies.

A federal judge has dismissed a lawsuit against the Internal Revenue Service by the American Institute of CPAs over its new program offering voluntary education and testing of non-CPA tax preparers.

Citrin Cooperman has named a pair of co-managing partners to handle the operations at its New York City headquarters, Patricia Cummings and Michael DeVito.

New York and New Jersey have the worst tax environments for businesses, according to a new index, while Wyoming and South Dakota have the best.

Intuit has enhanced its program for tax professionals, adding new benefits and opening it to enrolled agents.

Executives with Wolters Kluwer CCH described a series of improvements to their tax, accounting and auditing software products at the CCH Connections user conference in Orlando on Monday, including enhancements to leverage the power of Google and other popular search engines.