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 service lifted the limit from $19,500 as part of its annual inflation adjustments.
November 4 -
Most boardroom audit committees around the world don’t discuss climate on a regular basis or consider themselves particularly knowledgeable about the subject.
November 4 -
The deal will expand the firm’s presence in the Boston area and with clients in the life sciences sector.
November 4 -
Ernst & Young issued an audit quality report describing the steps that the Big Four firm is taking to increase auditing quality control.
November 3 -
Oak Street Funding, a First Financial Bank company that specializes in loans to CPAs, said it is doubling the lending limit for customers to support mergers and acquisitions, successions, technology investments and growth-focused initiatives at firms.
November 3 -
The Internal Revenue Service provided detailed reporting directions Wednesday for certain passthrough entities and taxpayers reporting partnership interests held in connection with the performance of services, often referred to as “carried interest.”
November 3 -
Citrin Cooperman, a Top 25 Firm based in New York, has added OLC Management Inc. a California-based business management firm in the entertainment industry.
November 3 -
The American Institute of CPAs and its technology arm, CPA.com, extended the .cpa web domain across the border to Canada, allowing CPAs and CPA firms in Canada to apply for .cpa web addresses to strengthen their brand.
November 3 -
The deals will help merchants automate cross-border transactions.
November 3 -
Private sector employment rebounded strongly in October, with employers adding 571,000 jobs despite persistent labor shortages amid the COVID-19 pandemic, according to payroll giant ADP.
November 3 -
The foundation aims to combine the organizations by June 2022.
November 3 -
The accounting profession is increasing its involvement with sustainability issues as the United Nations hosts world leaders at its COP26 climate change conference in Glasgow, Scotland.
November 2 -
Average audit fees continued to grow in recent years, increasing nearly 4% from 2019 to 2020 from $2.43 million to $2.52 million, according to a new survey.
November 2 -
The pace of hiring at small businesses continued to increase for the fifth month in a row as wages spiked dramatically.
November 2 -
LGA merged in ALL CPAs; BA, Inc. combined with Flynn Accounting Solutions; HW&Co. added the Shealy Group; De Boer, Baumann partnered with NetWerks; and Avantax acquired Warner Finance.
November 2 -
The American Institute of CPAs sent a letter to Congress’s tax-writing committees asking lawmakers to reconsider the rules around the corporate minimum tax rate that’s currently part of the reconciliation bill now under consideration.
November 1 -
The Financial Accounting Standards Board proposed an accounting standards update Monday that would modify the disclosure requirements for interim financial reporting.
November 1 -
The board released its 2020 inspection reports Monday for Deloitte, Ernst & Young, KPMG and PwC, showing mixed results.
November 1 -
Becker Professional Education is hoping to expand the number of accountants and CPA Exam takers as the profession has suffered a decline in recent years.
October 29 -
The service is sending notices to taxpayers who deferred their Social Security taxes last year, reminding them that half the taxes will be due by the end of this year.
October 29
