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.
-
The One Big Beautiful Bill Act makes the opportunity zone program permanent and also introduces some changes in the real estate investor tax breaks.
December 15 -
The deal will expand the Top 10 Firm's footprint to South Florida and its existing presence on the East Coast.
December 15 -
Platform Accounting Group expanded in Oregon; Springline Advisory acquired Actuarial Resources; Sorren added RTO; Patrick Accounting and Tax Services is buying Knight Home Care Financial.
December 11 -
The House Ways and Means Committee passed three bills aimed at bolstering taxpayer rights.
December 11 -
Business executives are most worried about the risks from cybersecurity and third parties, but see opportunities for growth in the next few years.
December 11 -
Growth was led by tax (7%) and advisory (4%), followed by audit and assurance (3%) and business services outsourcing (2%).
December 10 -
Public Company Accounting Oversight Board officials are sounding a cautious note about the spread of artificial intelligence and private equity at audit firms.
December 9 -
The Chicago-based firm has acquired New York- based accounting firm Farkouh, Furman & Faccio.
December 9 -
The Securities and Exchange Commission is planning to encourage greater cooperation between U.S. and international standard-setters.
December 8 -
PKF O'Connor Davies, a Top 25 Firm based in New York, has added Wolf Maryles & Associates, also headquartered in Manhattan.
December 8 -
The accounting standards update aims to improve the navigability of interim reporting disclosures while clarifying when that guidance should be applicable.
December 8 -
Audit teams with a greater number of women provide higher-quality audits at a lower cost, according to new research.
December 5 -
CEO Jeff Call is ramping up the use of artificial intelligence at the Top 100 Firm, and helping clients adjust to changes from the One Big Beautiful Bill Act.
December 5 -
Carr, Riggs & Ingram added DK Partners; LGA merged in Ziner & Murphy; Adams Brown acquired Stafford & Westervelt; and Stephano Slack merged in Boyer & Boyer and Kimmel, Lorah & Associates.
December 4 -
Public Company Accounting Oversight Board member Christina Ho plans to resign by the end of January as a shakeup is expected at the board.
December 4 -
The Financial Accounting Standards Board issued an accounting standards update with guidance on accounting for government grants to business entities.
December 4 -
Approximately three-quarters of businesses haven't yet automated their 1099 information reporting for their taxes, according to a new report from Avalara.
December 4 -
The new accounting model would reflect how financial institutions manage interest rate risks in their portfolios.
December 3 -
Identity theft, fictitious applicants and other forms of fraud continue with the advance premium tax credit for buying health insurance.
December 3 -
The House approved two pieces of legislation to keep IRS agents from levying fines and penalties without supervisory approval, and to strengthen taxpayer rights in proceedings before the Tax Court.
December 3
