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 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 -
The economy showed signs of a boost despite increasing worries over the Delta variant of COVID-19, according to ADP.
August 4 -
Grassi acquired S&Z Fund Services; Yount, Hyde and Barbour merged in Rowles & Co.; Alexander Thompson Arnold acquired Teasler CPA; and DJH Mitten Clarke added Lloyd Piggott.
August 3 -
Job growth at small businesses spiked in July across various industries and parts of the country, according to payroll giant Paychex, with hourly earnings also improving.
August 3 -
The Top 20 Firm received an investment from TowerBrook Capital Partners and is separating the non-attest side into an entity called Eisner Advisory Group LLC.
August 2 -
Most states have managed to get through the COVID-19 pandemic without increasing taxes, despite predictions last year, according to a new report.
August 2 -
The Securities and Exchange Commission charged Ernst & Young, one of its current partners, and two of the firm’s former partners Monday with violating auditor independence rules and improper professional conduct.
August 2 -
A warning from the commission has prompted hundreds of special purpose acquisition companies to issue financial restatements.
July 30 -
The Federal Accounting Standards Advisory Board released a standard for accounting and financial reporting on government-owned land and delayed the effective date due to the pandemic.
July 30 -
Employers can claim tax credits equivalent to the wages paid for providing paid time-off to employees to take a family or household member or certain other individuals to get vaccinated for COVID-19.
July 29 -
The Biden administration and G-20 leaders are agreeing on the need for more revenue.
July 29
