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 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 -
An accountant working at a Georgia-based wealth management firm pleaded guilty to embezzling $800,000 from an elderly client suffering from dementia.
February 15 -
Billtrust, a provider of accounts receivable software based in Lawrenceville, New Jersey, has acquired Order2Cash, an electronic invoicing and payments company headquartered in Amsterdam.
February 15 -
The Internal Revenue Service updated its frequently asked questions page on higher education emergency grants for pandemic-related financial aid, with new information for students and educational institutions.
February 15 -
The service has overhauled Form 14457 as it cracks down on the use of cryptocurrencies like Bitcoin to evade taxes.
February 15 -
The Top 30 Firm is expanding its local, state and federal government client base, effective March 31.
February 15 -
The Top 20 firm has added two data analytics and application development companies, Solve100 and Waypoint Consulting, while expanding its footprint to Arkansas.
February 14 -
The page aims to provide the latest about the current tax season, and the agency’s efforts to deal with the backlog of millions of previously filed returns.
February 14 -
PKF O’Connor Davies is acquiring Simon, Tapper, Edelman & Wilner; and Ryan LLC is buying MacRostie Historic Advisors.
February 11 -
Kelly Richmond Pope, a documentary filmmaker and accounting professor at DePaul University in Chicago, wants to transform the way accounting is taught.
February 11 -
A group led by Sen. Mike Crapo is asking the IRS to do all it can to help taxpayers this tax season.
February 10 -
The Cleveland-based Top 10 Firm has appointed Andrew Gragnani as its new president, succeeding Andy Burczyk, who is retiring.
February 10 -
Congress is asking questions about the high salaries paid to college football coaches at some top schools that receive tax exemptions from the Internal Revenue Service.
February 10 -
The Internal Revenue Service is pointing to some of the successes with pro bono clinics that represented nearly 20,000 taxpayers in 2020 who faced a tax dispute with the agency, despite the pandemic.
February 10 -
The agency is halting automated collection notices, balance due notices and unfiled tax return notices, after coming under pressure from lawmakers and tax professionals to first catch up on its backlog.
February 9 -
The Internal Revenue Service issued new guidance for taxpayers and tax practitioners submitting claims for refunds involving the research credit.
February 9
