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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Hourly earnings growth at small businesses declined to its lowest level since over a year ago, while hiring also slowed, according to a report from Paychex.
By Michael CohnOctober 4 -
The Internal Revenue Service is updating its login procedures for several of its online applications to improve their security.
By Michael CohnOctober 3 -
Sheldon Whitehouse, D-Rhode Island, and Roger Wicker, R-Mississippi, introduced bipartisan legislation to put more responsibility on accountants and other financial professionals to safeguard against money laundering and other crimes.
By Michael CohnOctober 3 -
The Institute of Management Accountants introduced two new education programs for sustainable business practices and diversity, equity and inclusion.
By Michael CohnOctober 3 -
The Internal Revenue Service issued its annual notice providing rates for taxpayers to use in substantiating the amount of ordinary and necessary expenses they've incurred while away from home.
By Michael CohnSeptember 30 -
The Internal Revenue Service added new information to its FAQ page on the tax rules surrounding the use of coronavirus funds for mortgage insurance and home purchases.
By Michael CohnSeptember 30 -
The service is giving companies and tax professionals another year to fix up their claims for the research and development tax credit.
By Michael CohnSeptember 30 -
The Top 10 Firm was penalized for improper professional conduct for failing to properly audit a client.
By Michael CohnSeptember 30 -
The Top 10 Firm reported Thursday that its U.S. revenue for the fiscal year ending July 31, 2022, rose nearly 17% to reach a record of $2.3 billion.
By Michael CohnSeptember 29 -
The Financial Accounting Standards Board issued an accounting standards update to improve transparency about the use of supplier finance programs for investors and other capital providers.
By Michael CohnSeptember 29 -
Deloitte's member firm in China agreed to pay a $20 million penalty to settle charges with the Securities and Exchange Commission that the firm asked its audit clients to do their own auditing work.
By Michael CohnSeptember 29 -
The Top 10 Firm is expanding its corporate tax practice.
By Michael CohnSeptember 29 -
The Top 40 Firm is continuing to expand its footprint in Florida by adding an Orlando location.
By Michael CohnSeptember 29 -
The vast majority of advance payments of the CTC went to eligible families, but millions of taxpayers who should have received the money did not, while millions of others who didn't qualify got them.
By Michael CohnSeptember 28 -
A group of Republicans on Congress' main tax committees sent a letter to the Internal Revenue Service and the Treasury, backing a request from the AICPA.
By Michael CohnSeptember 28 -
The payroll and HR services company debuted three new services, and unveiled the findings of a new report on the services small businesses need from their accountants.
By Michael CohnSeptember 28 -
The Internal Revenue Service needs to beef up security at its facilities to address ongoing threats, according to a recent report.
By Michael CohnSeptember 23 -
The commission's Investor Advisory Committee suggested reforms to the way the board operates.
By Michael CohnSeptember 23 -
The attorney general for Washington, D.C., has filed a consumer protection lawsuit against Liberty Tax accusing the tax prep chain of deceiving consumers with misleading ads and promotions and predatory pricing.
By Michael CohnSeptember 22 -
A provision in the Tax Cuts and Jobs Act that was supposed to raise hundreds of billions of dollars in taxes on deferred earnings from multinationals is only bringing in about one-third of the projected revenue.
By Michael CohnSeptember 22
















