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.
-
A GAO report finds that the regulations were burdensome for multinational companies, even though they saved through lower tax rates.
June 1 -
Bloomberg Tax & Accounting has improved the product to help multistate businesses with net operating losses across multiple states.
June 1 -
The Governmental Accounting Standards Board issued a proposal to improve the accounting and financial reporting requirements for state and local governments.
June 1 -
The Top 20 Firm based in Milwaukee, has merged in a Regional Leader headquartered in St. Louis.
June 1 -
The IFRS Foundation is looking for a chair and vice-chair of a board that will set global ESG reporting standards.
June 1 -
The International Accounting Standards Board proposed a comprehensive framework for management discussion and analysis to better align with investor needs.
May 27 -
The American Institute of CPAs elected Bill Pirolli, a partner with DiSanto, Priest & Co., as its new chair at its virtual Spring Council session, for one year.
May 27 -
Dave McGuire and TJ Sponsel of the Indianapolis tax firm McGuire Sponsel have launched Akita Data, a data-consulting company that aims to protect clients against ransomware attacks and secure their data.
May 27 -
The Internal Revenue Service issued more than 4.4 million Economic Impact Payments last year totaling more than $5.5 billion to potentially ineligible people, according to a new report.
May 27 -
During the pandemic, small-business owners have been relying on their accountants for more than just bookkeeping.
May 27 -
The Internal Revenue Service disbursed more than 1.8 million additional Economic Impact Payments totaling over $3.5 billion under the American Rescue Plan in the past two weeks.
May 26 -
New legislation would equalize the tax breaks for different types of recreational vehicles, including travel trailers and campers.
May 26 -
FASAB is looking for input on a proposed interpretation of the federal financial accounting standards for cancelled debt.
May 26 -
The Financial Reporting Executive Committee posted draft versions of its interpretations of the Financial Accounting Standards Board’s new long-duration insurance accounting standard.
May 26 -
The Securities and Exchange Commission wants input from accountants on rules it is developing for disclosing climate risks and environmental, social and governance reporting.
May 25 -
The American Institute of CPAs and the Chartered Institute of Management Accountants jointly released guidance Tuesday for auditing and accounting for the risks of digital assets such as cryptocurrency.
May 25 -
Continuing education courses can sometimes put accountants and tax professionals to sleep, but a new breed of e-learning is making the process more enjoyable and engaging.
May 24 -
The Internal Revenue Service has been pilot testing new technology allowing for secure tax transcript retrieval that can integrate with an accounting firm’s practice management system.
May 24 -
The service plans to host its tax forums online again this summer starting July 20.
May 24 -
A sizable chunk of private companies still aren’t ready to implement the new lease accounting standard before the end of the year, despite postponements in the deadline due to the pandemic.
May 21
