Michael Cohn, editor-in-chief of AccountingToday.com, has been covering business and technology for a variety of publications since 1985. Prior to joining Accounting Today and WebCPA, he worked for Red Herring, Internet World, Beyond Computing, Accounting Technology and PC Magazine, and freelanced for a variety of other business publications. A graduate of the University of Pennsylvania with a BA in English, he studied accounting at the Wharton School of Business, and currently lives in New York City.
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The Taskforce on Nature-related Financial Disclosures and Accounting for Sustainability partnered on a new guide to nature-related impacts for finance chiefs.
June 2 -
New guidance provides transition relief, grandfathering protection and delayed implementation for taxing income of foreign governments investing in U.S. businesses.
June 2 -
The procedures need fixing after the IRS approved potentially ineligible tax professionals, including some with a criminal history or uncertain citizenship.
June 1 -
The IRS is continuing to challenge and audit claims for the Employee Retention Credit, extending the yearslong backlogs on processing the often dubious claims.
June 1 -
Anthony Sciarra, a tax leader at PricewaterhouseCoopers, is joining Armanino's tax practice as the San Ramon, California-based firm continues to grow.
June 1 -
The Excel-based calculator can help companies working on large, multiyear construction or manufacturing projects compute the interest for the contracts.
May 29 -
The Internal Revenue Service released the inflation-adjusted amounts for health savings accounts for 2027, increasing the limits from 2026.
May 29 -
The Treasury Department introduced a mobile app enabling families to access Trump accounts, the new tax-deferred accounts for children born after Jan. 1, 2025.
May 28 -
AI tax startup Black Ore hosted a series of discussions on the growing role of AI in making tax preparation and planning more efficient.
May 27 -
A new ACCA survey finds that accountants and financial professionals are interested in engaging in environmental and social issues.
May 27 -
The International Accounting Standards Board issued a new standard for businesses subject to rate regulation, such as electricity, water and gas utilities.
May 27 -
The Internal Revenue Service received approximately $3.2 billion in unidentified payments from fiscal years 2022 through 2024.
May 26 -
Centri Business Consulting plans to use a $20 million credit facility from Citizens Financial Group for acquisitions and talent.
May 26 -
A tax partner at BMSS Advisors is the new chair of the American Institute of CPAs and the Association of International Certified Professional Accountants.
May 21 -
The Securities and Exchange Commission's proposal for a semiannual reporting option has quickly provoked debate.
May 20 -
Attorneys general from 25 states and D.C. are suing the administration over rules limiting loans for graduate students in accounting and other professions.
May 20 -
The House approved legislation to make IRS collection proceedings taxpayer friendly, safeguard tax refunds and provide judicial review of tax liability claims.
May 19 -
The American Institute of CPAs expressed support for legislation limiting the reporting of U.S. businesses' beneficial ownership information to FinCEN.
May 19 -
The accounting standards update aims to improve financial accounting and disclosures about activities related to environmental credits and obligations.
May 19 -
The Securities and Exchange Commission aims to increase IPOs with changes to accelerated and non-accelerated filers and exemptions from internal control audits.
May 19
