IRS sees tax-related identity theft plunge in past year

The Internal Revenue Service said Thursday it saw dramatic declines in tax-related identity theft last year, thanks to the effort of the Security Summit, which brings together the IRS with state tax authorities and the tax industry.


Audit committees eye tax reform impact on companies

Audit committees at public companies should be aware of some of the accounting implications of the new Tax Cuts and Jobs Act, according to a new report from Ernst & Young.


Firms giving back: Clark Schaefer Hackett donates $80K to fire stations

The Cincinnati firm marked its 80th anniversary by supplying new decontamination units for its “Healthy Heroes” campaign.


IRS falls short on authenticating online users to prevent data breaches

The Internal Revenue Service is making progress on improving its authentication processes after a string of data breaches on some of its e-Services and online apps, but some of the improvements haven’t been completely implemented, according to a new report.


IRS cops scouring crypto accounts to build tax evasion cases

The Internal Revenue Service, fresh off its success in uncovering U.S. assets hidden in Swiss banks, has assigned elite criminal agents to investigate whether Bitcoin and other cryptocurrencies are being used to cheat the taxman.


Firms on the move: Clark Schaefer Hackett raises $80K for firefighters

Prager Metis relocates in N.J.; Cherry Bekaert hosts private equity summit; and more news from CPA offices across the country.


Hours-long shutdown ends with budget accord as Trump signs off

President Donald Trump signed a two-year budget agreement that will boost federal spending by almost $300 billion and suspend the debt ceiling for a year, ending a brief partial government shutdown that began at midnight when lawmakers missed a funding deadline.


People on the move: EY hires DOJ, Treasury vets

Perelson Weiner appoints first CEO; CohnReznick hires cybersecurity lead; and other recent hires, promotions and personnel news from firms across the country.


IFRS 16 compliance presents the choice to be outstanding

What is IFRS 16, how will it affect your business and what do you need to do to ensure your leasing arrangements remain compliant?


Dixon Hughes Goodman and IIA sued for copyright infringement

A training software provider has gone public with a lawsuit after a DHG employee published excerpts from some of its training materials on the firm’s website.