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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Ernst & Young is reportedly considering spinning off the auditing side of the firm to deal with growing pressure on the Big Four to avoid conflicts of interest with their consulting practices.
May 31 -
Employees at small businesses in the U.S. experienced the 12th month in a row of increases in hourly earnings this May, but the pace of job growth slackened, according to payroll giant Paychex.
May 31 -
The Top 100 Firm aims to recognize U.S.-based businesses that are “changing the game” with their commitment to environmental, social and governance practices.
May 26 -
The service has updated its FAQ on the 2021 Earned Income Tax Credit, with new information on using prior tax years to calculate it.
May 26 -
A group of finance leaders are coping with a steady stream of economic disruptions this year and they’re planning ahead for tax hikes and more.
May 25 -
The Internal Revenue Service introduced a new feature that enables taxpayers to check the status of their current tax year and tax refunds for the two previous years as the agency continues to come under fire for processing backlogs.
May 25 -
Yount, Hyde and Barbour is acquiring Glass Jacobson; and RSM Brazil is merging in Pemom.
May 25 -
The foundation laid out how it will be using the standards and the integrated reporting framework it is inheriting from the Value Reporting Foundation.
May 25 -
Agents raided the Houston headquarters of the tax consulting firm, seizing computer servers Friday, May 20.
May 24 -
Sen. Ron Wyden asked for more information about the firm's disclaimer that a decade’s worth of financial statements should no longer be considered reliable.
May 24 -
The Top 50 Firm has been making sure to hold onto talent and bring in new hires as the accounting profession struggles to fill the talent pipeline.
May 24 -
The board of trustees released a draft strategic plan Tuesday and is asking for input.
May 24 -
The service also failed to issue $80 million in payments to eligible individuals, according to a new report from TIGTA.
May 23 -
Climate change could cost the global economy $178 trillion over the next 50 years, a 7.6% cut to global GDP in 2070 alone, according to estimates from the Big Four firm.
May 23 -
The Internal Revenue Service has revised and updated the answers it previously provided to frequently asked questions on the 2021 Child Tax Credit and Advance Child Tax Credit.
May 23 -
Finance ministers and central bank governors are asking the new board to go beyond climate change disclosures to set standards in other areas related to nature and social issues.
May 20 -
Corporate tax rates in major economies around the world have fallen to an average of just 25.1% this year, according to a study from UHY.
May 20 -
As inflation and interest rates spiral upward, the service is increasing its interest rates for the third quarter of the year.
May 20 -
Over one-fourth of the nearly 1,700 cases were violations that usually led to employees being suspended, fired or resigning.
May 19 -
A pair of congressional Democrats want to see a rule finalized that would open up greater access for families to claim premium tax credits for health insurance.
May 19
