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 Internal Revenue Service could be doing more to detect and deter promoters of abusive tax schemes, according to a new report.
January 17 -
The Internal Revenue Service is in the process of revising dozens of tax forms and developing tax regulations to implement the Inflation Reduction Act, according to a new report.
January 17 -
Private companies in the U.S. are still adjusting to the standard that took effect last year, as international standard-setters are proposing new rules for the public sector.
January 17 -
The deal will combine tax and accounting software aimed at tracking cryptocurrency and other digital assets.
January 17 -
The average effective tax rate of profitable large corporations fell from 16% in 2014 to 9% in 2018 after passage of the Tax Cuts and Jobs Act of 2017.
January 13 -
BPM LLP merges in O&S CPAs and Business Advisors; and JLK Rosenberger adds Mark F. Wille's CPA practice.
January 12 -
The Internal Revenue Service has scheduled the official date for the opening of filing season.
January 12 -
House Speaker Kevin McCarthy agreed as part of a deal with the Freedom Caucus to allow a vote on a bill levying a "Fair Tax."
January 12 -
The AICPA president and CEO also touched on the evolving CPA licensing model and recruiting difficulties in a wide-ranging speech.
January 11 -
Erin Collins released her annual report to Congress, acknowledging the "misery" endured by taxpayers and tax professionals last year.
January 11 -
The Big Four firm separately released reports on audit committee priorities, human capital and M&A trends.
January 11 -
The board proposed amendments to its income tax standard to provide temporary relief from the imminent implementation of the Pillar Two model rules.
January 10 -
Organizations are not doing enough to address the risks of climate change and may need accountants to tally the potential damages to their finances.
January 10 -
Republicans plan to vote as soon as Monday on one of their priorities after picking a new leader of the Ways and Means Committee.
January 9 -
UHY combined with Ross, Langan & McKendree; Sax added Schall & Ashenfarb; and Clayton & McKervey merged in Howe & Holscher.
January 9 -
The service corrected approximately 14 million returns, generating nearly 12 million refunds.
January 6 -
Audit committees saw plenty of new proposals last year that could turn into final rules in 2023.
January 6 -
The unemployment rate ticked downward by two-tenths of a point to 3.5%, but employment in accounting and bookkeeping services fell slightly.
January 6 -
Noble Consulting Services added 13 staff from the insurance regulatory practice of Eide Bailly.
January 5 -
The new year brings a new tax season and the opportunity to advise clients on ways to save money on their taxes.
January 5
