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 board censured PricewaterhouseCoopers’ Canadian firm and imposed a $750,000 penalty, saying over 1,200 employees shared answers to tests during mandatory training courses.
February 25 -
Tax professionals and their clients are dealing with extra challenges this tax season from tax breaks that ended last year and haven’t yet been extended, including the enhanced Child Tax Credit.
February 24 -
The firm is merging in a regulatory compliance firm in Little Rock, Arkansas, ahead of a megamerger with another Top 20 Firm, Dixon Hughes Goodman.
February 24 -
The Top 30 Firm is expanding its presence in the Greater Hudson Valley.
February 24 -
Two legislators want to open an investigation into personnel moves between the five largest accounting firms and the upper echelons of the Treasury and IRS.
February 23 -
CFOs rank supply chain disruptions, the talent shortage and tax reform as higher risks than COVID-19, according to a recent survey from BDO USA.
February 23 -
The champion golfer was quoted making comments about the PGA Tour, a rival golf league sponsored by Saudi Arabia, and slain journalist Jamal Khashoggi.
February 23 -
Andrew Gragnani, the recently named president of Mayer Hoffman McCann, has plans to increase the firm’s national presence, including acquiring other accounting firms.
February 22 -
The record number of companies going public through special purpose acquisition companies and initial public offerings last year could be facing some extra hurdles when it comes to Sarbanes-Oxley rules.
February 22 -
The Internal Revenue Service is allowing taxpayers to create online accounts through a live, virtual interview with agents, instead of submitting a selfie or other biometric data, after a backlash erupted over privacy concerns.
February 22 -
Republicans on the Senate Finance Committee are asking Treasury Secretary Janet Yellen to keep both parties in Congress involved in negotiations.
February 18 -
The board proposed a set of revisions to address the impact of technology innovation on the profession.
February 18 -
Ernst & Young elected Julie Boland as EY US chair, as well as managing partner and Americas area managing partner, effective July 1.
February 18 -
Avalara certified 20 more application integrations with its own tax compliance software, including several accounting, ERP, e-commerce, POS, mobile commerce and CRM systems.
February 17 -
The two Top 20 Firms are combining to form a $1.4 billion firm that would vault them into the Top 10 in the U.S., with further plans for a national growth strategy.
February 17 -
The Internal Revenue Service had a backlog of over 17 million unprocessed tax returns from last year as of early February as the agency copes with an unprecedented workload during the current tax season.
February 17 -
The Regional Leader is joining forces with Damitz, Brooks, Nightingale, Turner and Morrisset in Santa Barbara.
February 16 -
Taxpayers who moved to another state during the pandemic to work remotely have been dealing with a more complicated tax season than usual.
February 16 -
The Securities and Exchange Commission eased up dramatically on accounting and enforcement activity last year during a period of transition at the SEC, but the Public Company Accounting Oversight Board increased its enforcement amid a shakeup at the PCAOB.
February 16 -
The Internal Revenue Service is providing relief from filing a Schedule K-2 or K-3 information report this year for some partnerships without foreign activities.
February 16
