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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Taxpayers who receive nine types of notices asking them for information will have the ability to submit their documentation online rather than on paper.
February 16 -
The board voted to provide a practical expedient for when companies have related-party arrangements between entities under their common control.
February 16 -
CFOs have been adjusting to higher interest rates and inflation over the past year, but finding the right people is still a priority at many companies.
February 15 -
The Top 50 Firm is adding a financial planning firm and expanding its presence in Florida.
February 15 -
Daniel Werfel, who has been nominated as the next Internal Revenue Service commissioner, also received an endorsement from a major organization of tax pros.
February 15 -
Ernst & Young added Tallan; De La Hoz, Perez & Barbeito merged in Roy G. Glassberg CPA PA; and DJH Mitten Clarke acquired Novis & Co.
February 14 -
Tax professionals are so busy, they barely have time to eat, and quick meals usually involve unhealthy fast food.
February 14 -
The international network of audit, tax and advisory firms reached €2.45 billion ($2.6 billion) in total fee income.
February 14 -
The Internal Revenue Service is making some changes in its Compliance Assurance Process program, testing out a new option to address complaints from participants.
February 13 -
The service is coming under fire from various quarters for its tax audit and enforcement efforts.
February 13 -
The service provided details late Friday on the federal tax status of special payments made by 21 states in 2022.
February 10 -
The act contains a dizzying array of provisions related to retirement savings accounts and distributions that tax professionals' clients should know about.
February 10 -
The Internal Revenue Service added a new option Thursday for taxpayers who electronically file an amended tax return, giving them the ability to select direct deposit to speed up their refund.
February 9 -
The service is planning to issue guidance as soon as today on whether special state tax refunds, rebates and payments from states like California, Virginia and others are taxable.
February 9 -
The American Institute of CPAs sent a lengthy to-do list to Capitol Hill with a wide-ranging set of tax proposals large and small.
February 9 -
Payroll and HR services provider Gusto let go of 126 of its employees, the latest in a string of layoffs in the tech sector this year.
February 8 -
The inflation crisis is adding to wage pressures, creating retention challenges and affecting employee mental health in the accounting profession around the world.
February 8 -
Andersen Global, the revived follow-up to defunct Big Five firm Arthur Andersen, is widening its footprint across the U.S.
February 8 -
In his State of the Union address, the president urged Congress to approve raising taxes on wealthy taxpayers and big corporations.
February 8 -
The Internal Revenue Service recently suspended a half dozen of its modernization programs, including two deemed essential to its plans for replacing its aging systems.
February 7
