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 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 -
Employment rose by 678,000 in February, the U.S. Bureau of Labor Statistics reported Friday, although the number of accounting and bookkeeping jobs declined by 800.
March 4 -
Citrin Cooperman, a Top 25 Firm based in New York, has expanded its presence to South Florida by adding two firms, Appelrouth, Farah & Co. PA, in Coral Gables, and Bloom, Gettis & Habib PA, in Miami.
March 3 -
The board is proposing a set of revisions to the independence standards for engagement teams working on audits of group financial statements.
March 3 -
Accountants and procurement experts are being urged to team up to deal with the supply chain shortages plaguing the world economy during the pandemic.
March 3 -
Accounting firms and their clients are growing worried about upcoming changes in the ability to deduct research and development costs and are asking Congress to do something about it.
March 2
