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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A bipartisan group of 100 lawmakers in the House and Senate wrote a letter to IRS Commissioner Charles Rettig asking him to provide further relief to taxpayers who have been receiving warning notices from the IRS this tax season.
March 15 -
Deloitte has been helping a growing number of startups go public through initial public offerings and special purpose acquisition companies in the past two years, but a recent poll suggests the appetite may be growing more cautious.
March 15 -
A new report reveals that the service met only 67% of its hiring goals for last year in a key area.
March 14 -
Weaver, a Top 40 Firm based in Houston, is expanding its presence in New York City by adding Levine & Seltzer, effective April 1.
March 14 -
The board is reportedly making progress on talks with Chinese authorities on enabling access to inspections of local firms.
March 14 -
The foundation is looking for nominations to the Private Company Council that shares the perspectives of privately held businesses with FASB.
March 11 -
Finance Committee chair Ron Wyden is developing policies that could remove some tax benefits available to Russian and Belarusian individuals and entities that earn income from the U.S.
March 11 -
The New Jersey Society of CPAs is warning residents to beware of potential fraud from scammers asking for donations to bogus nonprofits raising money for Ukraine relief.
March 10 -
The Arizona-based firm teamed up with Terán Rojas & Associates.
March 10 -
Their combined association is indefinitely suspending services in Russia and Belarus in response to the war in Ukraine.
March 10 -
House Ways and Means Oversight Subcommittee chairman Bill Pascrell, D-New Jersey, is asking the Treasury Department to curb the use of irrevocable grantor trusts by wealthy families to avoid taxes.
March 9 -
An omnibus spending bill released by congressional appropriators would reduce a budget increase for the Internal Revenue Service previously passed by the House by over half.
March 9 -
The Committee of Sponsoring Organizations of the Treadway Commission released a new paper Wednesday on uniting COSO’s enterprise risk management framework with “agile” practices in internal auditing and other functions.
March 9 -
The Internal Revenue Service has been increasing its tax audits of the lowest-income wage earners to keep its overall audit numbers from declining, according to a new report.
March 8 -
The service updated its FAQ on the Child Tax Credit on Tuesday with new information on eligibility and how to calculate the amount of the credits and payments.
March 8 -
The Top 10 Firm plans to acquire Vanilla, an enterprise resource planning consulting firm based in the United Kingdom, effective May 1.
March 8 -
Female representation at the upper ranks of accounting has been improving in recent years, but there are still inequities.
March 8 -
The Internal Revenue Service is planning to increase the enrollment and renewal fees for enrolled agents, as the user fees for examinations are also set to rise.
March 7 -
While the Biden administration’s Build Back Better Act remains stalled in the Senate, lawmakers may be able to advance some parts of the legislation, including tax credits for electric vehicles, solar panels and home energy efficiency that have wide appeal to voters.
March 7 -
The Internal Revenue Service has released more information on tax credits available for paid sick and family leave under the American Rescue Plan Act of 2021.
March 4
