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 American Institute of CPAs has released a set of questions and answers to help auditors of benefit plan financial statements deal with this complex field and a revised standard.
September 14 -
The high inflation amounts that households and businesses have been experiencing this year are likely to lead to larger increases in tax brackets and other inflation-adjusted tax items in 2022.
September 14 -
Internal auditors are seeing far-reaching effects from the COVID-19 pandemic on the way they do their work, according to a new survey.
September 13 -
The bipartisan infrastructure bill includes requirements for brokers to report their customers’ cryptocurrency gains to the Internal Revenue Service, but exactly what constitutes a broker is stirring controversy.
September 13 -
The IRS's strategy for examining claims for the Earned Income Tax Credit are falling short, according to a new report.
September 10 -
The Small Business Administration is increasing the cap for COVID Economic Injury Disaster Loans from $500,000 to $2 million.
September 10 -
The service warned Thursday of an issue that’s affecting business taxpayers who need transcripts for requesting COVID-19 employment tax relief.
September 9 -
The Big Four firm is broadening its array of services to help clients deal with growing demands for sustainability and climate risk reporting and assurance.
September 9 -
The Top 10 Firm has signed an agreement to add personnel from the California technology firm effective Oct. 1.
September 9 -
The Center for Audit Quality released a report on the current requirements for public company auditors regarding climate-related reporting.
September 9 -
Carr, Riggs & Ingram, a Top 25 Firm based in Enterprise, Alabama, has expanded in North Carolina by adding Sharrard, McGee & Co., a firm with offices in High Point and Greensboro.
September 9 -
Deloitte reported its global revenue grew 5.5% in the fiscal year ending May 31, 2021 to $50.2 billion as the firm increased its workforce 3.2% to 345,000.
September 9 -
The service has issued Notice 2021-52 with special per diem rates that take effect Oct. 1, 2021.
September 3 -
The unemployment rate declined, but the jobs report fell far short of economist expectations.
September 3 -
The Internal Revenue Service has extended the ability to digitally sign a wide variety of tax forms through the end of the year.
September 2 -
CBIZ acquired Shea Labagh Dobberstein; Dixon Hughes Goodman integrated Burkhart & Co.; Hawkins Ash CPAs merged in Roberts, Ritschke & Tyczkowski; Meaden & Moore acquired Long Cook & Samsa; and Deloitte added a legal services team.
September 2 -
The portal offer a streamlined way to seek loan forgiveness, but accountants are watching for the revenue reduction scores the SBA is using to make determinations.
September 2 -
The Chicago-based firm plans to acquire a top Houston-based SageIntacct partner.
September 1 -
The economy showed continuing signs of recovery, although the Delta variant hampered new job creation.
September 1 -
The Neat Co. unveiled two new bookkeeping and invoicing apps, NeatBooks and NeatInvoices, aimed at small businesses.
September 1
