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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Rumbi Bwerinofa-Petrozzello, president of the New York State Society of CPAs, is hoping to make accounting a more diverse profession, as the first woman of color to hold the position in the NYSSCPA’s nearly 125-year history.
October 28 -
The U.S. Department of Labor issued a final rule that aims to set reasonable limits on the amount of time that tipped employees can spend in non-tipped activities when the employer receives a tip credit.
October 28 -
The Financial Accounting Standards Board released an accounting standards update Thursday, with guidance on accounting for revenue contracts with customers acquired in a business combination.
October 28 -
The Internal Revenue Service is giving victims of Hurricane Ida in some parts of Mississippi until Jan. 3, 2022 to file their individual and business tax returns, although the Nov. 1, 2021 deadline still applies to the rest of the state.
October 27 -
The Global Reporting Initiative has confirmed Eelco van der Enden, a partner at PwC Netherlands, as its next CEO, starting Jan. 1, 2022.
October 27 -
RKL LLP, a Top 100 Firm, is expanding its presence in Pennsylvania's Lehigh Valley region by adding Stoudt Associates, based in Allentown, effective Nov. 1.
October 27 -
The Top 100 Firm is expanding its presence in Virginia.
October 27 -
The deal will help small-business customers hire remote workers in other states and abroad.
October 26 -
The Internal Revenue Service’s Taxpayer Advocate Service helped thousands of taxpayers last year with economic impact payments under the CARES Act, but it took months to start addressing them, often with the wrong cases.
October 25 -
The majority of private companies have yet to implement the new lease accounting standard entirely, even though the effective date is fast approaching.
October 25 -
The accounting standards update would help nonpublic companies that provide equity-classified share-based awards to executives.
October 25 -
The Internal Revenue Service issued guidance to assist employers who are rehiring retirees or retaining employees past retirement age as a way to find qualified workers in a tight labor market.
October 22 -
The International Ethics Standards Board for Accountants has released its 2021 Edition of the Handbook of the International Code of Ethics for Professional Accountants, including International Independence Standards.
October 22 -
The NCAA began allowing university athletes to earn money from their name, image and likeness this summer, and now they could find themselves owing taxes for the first time in their lives.
October 22 -
Midsized businesses spend 163 hours per month on sales tax compliance, typically costing more than $17,000, according to a new survey.
October 21 -
Small businesses are increasingly relying on their accountants for advice on hiring as the labor shortage continues during the pandemic.
October 21 -
More than three-quarters of small-business owners would consider changing their accountant to one who is using the latest technology.
October 21 -
Deloitte & Touche announced a strategic alliance with audit technology provider AuditBoard in conjunction with AuditBoard’s user conference this week in Los Angeles.
October 20 -
The institute is highlighting the work it’s been doing to improve ethics for accountants, while acknowledging that more needs to be done.
October 20 -
The Boston-based tax compliance software provider is expanding its presence in Turkey and parts of Europe.
October 20
