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.
-
Meanwhile, Illinois ushered in its own changes to the exam process, letting candidates sit the test before completing their 150 hours of education.
January 4 -
The revenue-raising provision of the Tax Cuts and Jobs Act took effect despite efforts to extend the tax break.
January 3 -
Hourly earnings growth slowed last month to its weakest level since March of last year.
January 3 -
CliftonLarsonAllen acquires Gilmore Jasion Mahler; Withum merges in O'Connor & Drew; Marcum adds Melanson; and GBQ acquires VZN Group.
January 3 -
The $1.7 trillion bill contains Secure 2.0, and changes in the Holding Foreign Companies Accountable Act and conservation easement rules, but it's missing some much desired tax breaks.
December 23 -
The Internal Revenue Service and the Treasury are giving investment brokers more time to report information on transactions involving digital assets such as cryptocurrency.
December 23 -
The International Ethics Standards Board for Accountants is focusing more on sustainability-related issues.
December 23 -
The lower threshold threatened to generate millions of new forms going out to unsuspecting taxpayers and their accountants.
December 23 -
The Securities and Exchange Commission voted to approve the Public Company Accounting Oversight Board's 2023 budget and annual accounting support fee ahead of the holidays.
December 23 -
The Internal Revenue Service is responding to feedback on its draft form and instructions for Schedule UTP for reporting uncertain tax positions by making some changes for next tax season.
December 22 -
Plus, the Institute of Internal Auditors expressed serious concerns about a recent board proposal on audit confirmations.
December 22 -
The Internal Revenue Service's Exempt Organizations unit needs to change its procedures and training when deciding whether to deny tax-exempt status to charities, according to a new report.
December 22 -
The service released a set of FAQs about recent changes to tax incentives for energy efficient home improvements and residential clean energy property.
December 22 -
The Internal Revenue Service won't meet its goal of catching up on its backlog of millions of unprocessed tax returns by the end of this year.
December 22 -
The accounting sector had the highest overall growth rate for bonuses this year in the professional services space, increasing 9.4%.
December 21 -
The Financial Accounting Standards Board is extending the period of time to use its LIBOR-to-SOFR relief guidance.
December 21 -
BDO USA added its first diversity, equity and inclusion officer earlier this year as accounting firms and other organizations try to improve their recruitment of employees from wider backgrounds.
December 20 -
The new standard for audit confirmations would replace an interim standard that hasn't changed for two decades.
December 20 -
The Treasury Department announced a timeline for offering more information on some of the main tax provisions of the Inflation Reduction Act.
December 19 -
The board released its latest inspection reports on Deloitte & Touche, PricewaterhouseCoopers, KPMG and Ernst & Young, plus BDO USA and Grant Thornton.
December 19
