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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Two members of the Public Company Accounting Oversight Board, Rebekah Goshorn Jurata and Megan Zietsman, jointly announced Monday they plan to resign by Oct. 1, or earlier if new board members are named.
August 23 -
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The Internal Revenue Service added a new feature Friday to its online portal for the Child Tax Credit allowing parents to update the mailing address where they should receive the monthly payments.
August 20 -
A new report raises questions about how much money is being shuttled between DAFs, rather than distributed to charity.
August 20 -
The board reported a decline in the number of firms that had deficiencies last year but the rate is still comparatively high.
August 19 -
The Big Four firm is postponing the return of U.S. employees to its offices until November as the highly transmissible variant of COVID-19 continues to proliferate.
August 19 -
Private companies are facing a deadline on implementing the new standard, but recent updates could make an impact.
August 19 -
The Senate Finance Committee chair introduced legislation with tax credits aimed at ending homelessness and providing affordable housing.
August 18 -
The American Institute of CPAs has written a letter to the Internal Revenue Service requesting more flexibility for businesses that needed to get rid of extra inventory during the COVID-19 pandemic.
August 17 -
The service is alerting practitioners about some of the warning signals of taxpayer identity theft.
August 17 -
The Internal Revenue Service is giving employers more leeway in claiming the Work Opportunity Tax Credit to hire people in underprivileged areas who face significant obstacles to employment for jobs in summer youth and community programs.
August 16 -
RubinBrown is combining with Liberty Technology Advisors; and Grimbleby Coleman is merging in Ristau & Co.
August 16 -
The booming market for nonfungible tokens is showing no signs of slowing down as investors pour money into digital collectibles, but the tax rules surrounding NFTs are anything but clear.
August 6 -
The board has endorsed a recommendation from its Private Company Council that would align accounting rules with the tax treatment of the awards.
August 6 -
Employment increased by 943,000 last month, beating expectations, including 8,400 jobs in accounting and bookkeeping, while the unemployment rate fell from 5.9 to 5.4%.
August 6 -
C Systems specializes in nonprofit tech services and association management systems, and Confluence Global is a Salesforce consulting partner.
August 5 -
The Internal Revenue Service is asking tax professionals to help clients who fell prey to identity thieves who have been filing unemployment claims in their names during the pandemic.
August 5 -
The startup uses artificial intelligence to track cash flow and do bookkeeping.
August 5 -
Congress is weighing a proposal to end the tax break next month to pay for the bipartisan infrastructure plan.
August 4 -
The Institute of Management Accountants is planning to increase its efforts to promote greater diversity in the accounting profession with a new director of diversity, equity and inclusion, Darryl Jackson.
August 4
