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.
-
The service has been under pressure from Congress and accounting groups to perform better as another hectic tax season comes to a close.
April 11 -
Private equity firm New Mountain Capital has acquired a majority interest in Citrin Cooperman, a Top 25 Firm based in New York.
April 11 -
Businesses that have been investing in cryptocurrency are dealing with uncertainty as government agencies are going to expect them to account for their holdings and pay taxes.
April 8 -
The IRS has the expertise to enforce President Joe Biden’s proposal to tax the unrealized gains of mega-millionaires and billionaires, Senator Elizabeth Warren contended in the face of criticism over the workability of a proposal she strongly supports.
April 7 -
The International Auditing and Assurance Standards Board released a revised standard Thursday to focus on the special considerations that apply to audits of group financial statements.
April 7 -
EY-Parthenon, the strategy consulting business of Ernst & Young, has acquired Quantitative Scientific Solutions (QS-2), a Washington, D.C-based technology consulting firm that specializes in scientific, engineering and analytics.
April 7 -
Researchers are seeing a new type of phishing attack embedded within documents sent via email to tax professionals.
April 6 -
The IFRS Foundation is teaming up with CPA Canada to set up a Montreal center for the new board, in addition to a location in Frankfurt, Germany.
April 6 -
The California-based firm has been acquired by ZRG, a talent advisory firm in New York funded by private equity.
April 6 -
Accountants globally are expressing more economic optimism in the first quarter of the year, according to a new survey, but they see risks ahead.
April 5 -
The board levied a $100,000 fine against Scott Marcello, in its largest monetary penalty ever in a settled case against an individual.
April 5 -
The asset management firm partly owned by Top 100 Firm Warren Averett has acquired a registered investment advisory firm in Birmingham, Alabama.
April 5 -
The Internal Revenue Service has contracted with Ripcord, a startup company that does robotic digitization of documents and records, to pilot test a program to digitize filings of Form 709.
April 5 -
The Internal Revenue Service initiated a temporary change in policy Monday for U.S. residency applications for the next two years.
April 4 -
Despite offering less in the way of legal protections, the service uses lien foreclosures more often, according to a TIGTA report.
April 4 -
The board released an exposure draft of a proposed standard for multi-employer retirement plan obligations.
April 4 -
The total value of goodwill impairments recorded by U.S. public companies more than doubled in 2020 during the first year of the COVID-19 pandemic, according to a new study, and the same may happen again this year as geopolitical tensions rise.
April 1 -
The Governmental Accounting Standards Board set the effective date for the GASB 87 leases standard at June 15, 2021, after pushing it back by 18 months during the pandemic, but many state and local governments are apparently behind on implementing it.
April 1 -
Board staff called attention to some important considerations for auditors as they plan and perform audits that may be affected by the ongoing war in Ukraine.
April 1 -
The unemployment rate fell two-tenths of a point to 3.6%, the U.S. Bureau of Labor Statistics reported Friday, and two previous months' job gains were revised upward.
April 1
