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 issued its annual inflation-adjusted amounts for health savings accounts next year as the inflation rate surged to the highest level in decades.
April 29 -
National Taxpayer Advocate Erin Collins is urging the Internal Revenue Service to expand online services for taxpayers, tax professionals and businesses while reducing its reliance on paper to improve taxpayer service.
April 28 -
The Internal Revenue Service revised its answers to frequently asked questions on the Child Tax Credit, adding a new set of six commonly asked filing season questions.
April 27 -
The two Top 100 Firms unveiled the name Wednesday for their combined firm, Forvis, which stands for 'forward vision.'
April 27 -
The board is setting up a new working group of representatives from various jurisdictions around the world, including the SEC.
April 27 -
The Internal Revenue Service appointed Lia Colbert as the new commissioner of its Small Business Self-Employed Division to oversee the IRS’s collection activities and the examinations of most businesses in the U.S.
April 27 -
The Atlanta-based Top 100 Firm will merged in the Fairfield, New Jersey, firm effective June 1, 2022.
April 26 -
Audit fees in the U.S. appear to be climbing at a faster pace in recent years than in Canada and Europe, according to a new survey from the International Federation of Accountants.
April 25 -
Three organizations released a new report on the problems with diversity, equity and inclusion in the accounting profession and ways to address them.
April 21 -
“IRS employees want to do more to help taxpayers,” Commissioner Rettig told Congress on Thursday.
April 21 -
The profession is turning its attention increasingly toward environmental matters to help clients adjust to new demands for climate and sustainability reporting.
April 21 -
U.S. accounting firms can work with their counterparts in Ukraine to support the country as it endures the Russian invasion while also getting some much-needed help with their own work as labor shortages continue in the U.S.
April 21 -
Deloitte is helping corporate clients navigate mergers and acquisitions as they ride a surge of M&A activity as part of the economic rebound from the initial pandemic.
April 20 -
The board issued a proposed update Wednesday that would give preparers more time to use its earlier reference rate reform relief guidance.
April 20 -
The board imposed monetary penalties and sanctions Tuesday against two firms that had been working with unregistered Chinese auditors.
April 19 -
The Top 25 Firm has added a consulting firm in Massachusetts that specializes in helping clients price their services to win federal government contracts.
April 19 -
The Internal Revenue Service is renewing its call for extra money in its budget Monday as it closes out a challenging tax season.
April 18 -
Richard Jones has been poring over the feedback the board received from a recent consultation on its future standard-setting agenda to decide on new projects to take on.
April 14 -
The board released its 2021 annual report on Thursday, highlighting its main accomplishments as it transitioned to a mostly new board.
April 14 -
The service updated its FAQ on the credit, with additional information on receiving it on a 2020 tax return.
April 13
