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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As businesses invest in cryptocurrency and sell assets like nonfungible tokens, they should be aware of the accounting and tax issues surrounding them.
May 12 -
Financial executives are eyeing tax changes expected in the Biden administration, demands for more environmental, social and governance reporting, and diversity efforts.
May 11 -
Congressional Democrats have reintroduced legislation in the House and Senate to shed more light on the use of corporate tax havens and incentives for outsourcing jobs abroad.
May 11 -
Accounting for real estate owners has become more difficult since the pandemic broke out last year as tenants stopped paying rent, rules changed for leases, and unused office space proliferated.
May 11 -
The Institute wants help for businesses facing foreign trade obstacles to maintaining inventory during the pandemic.
May 10 -
The Internal Revenue Service is adjusting the limits for health savings accounts and high deductible health plans for inflation in new guidance Monday.
May 10 -
The Top 20 Firm has added Boston-based Starter-Fluid, which offers outsourced finance, accounting and executive support services.
May 10 -
The Internal Revenue Service is having a hard time hiring enough staff to help it get through this year’s extended tax season and overcome its backlog of unprocessed tax returns.
May 7 -
RSM US is buying Rego Consulting’s ServiceNow workflow automation practice and plans to combine it with RSM’s own.
May 7 -
Despite the additions, the unemployment rate ticked up one-tenth of a percentage point to 6.1 percent.
May 7 -
At the same time, the SEC is increasingly focusing on environmental, social and governance reporting.
May 6 -
The program aims to train CPAs and financial professionals in how to apply the technology.
May 6 -
The service plans to offer online Tax Pro Accounts in the third quarter of this year, on a timeline accelerated by the pandemic.
May 6 -
The Ways and Means Committee approved bipartisan legislation Wednesday to expand automatic enrollment, among other things.
May 5 -
The company's creative ways for accountants and tax pros to relax before the hectic deadline also include guided meditations.
May 5 -
Employers added 742,000 jobs last month, according to payroll giant ADP, as the economy bounces back despite the pandemic.
May 5 -
The Financial Accounting Standards Board released a proposed accounting standards update Wednesday to better line up a company’s hedge accounting with its risk management strategies.
May 5 -
The estate of the late singer prevailed on the valuation of his name and likeness and the taxes owed to the IRS in a long-awaited Tax Court ruling.
May 4 -
The Big Four firm has bought a large London-based firm that provides U.K. and U.S. personal tax services.
May 4 -
The numbers reflect a strong bounce back in the economy as companies emerge from the COVID-19 pandemic.
May 4
