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 global network of independent accounting, audit, tax and consulting firms surpassed $1 billion in total revenues for the first time last year.
March 11 -
The IRS's changes in its instructions for claiming the new tax deduction for tips is making it more difficult for self-employed and gig economy workers.
March 10 -
More than 830,000 taxpayers have received notices saying their tax refunds are being delayed due to an executive order requiring electronic payments.
March 10 -
Internal auditors are reporting more cuts in their staffing and budgets, according to a survey by the Institute of Internal Auditors' Internal Audit Foundation.
March 10 -
Leaders of accounting organizations in the U.S., Canada and Mexico signed a memorandum of understanding to extend an agreement easing cross-border practice.
March 10 -
The American Institute of CPAs recommends the First Time Abatement program be expanded to cover additional types of tax and information return penalties.
March 9 -
The IRS is proposing to remove regulations that tried to crack down on the abusive use of basis-shifting transactions by partnerships as a way of minimizing taxes.
March 9 -
The Internal Revenue Service will have extended weekday and Saturday hours this spring through April 30 despite recent closures of several TACs.
March 6 -
The pilot program for the new Trump accounts will deposit $1,000 into the accounts of children born between 2025 and 2028.
March 6 -
The International Accounting Standards Board is finalizing a standard to give investors a clearer picture of utilities' performance and future cash flows.
March 6 -
The professional and business services sector lost 5,000 jobs, including 1,400 in accounting, tax preparation, bookkeeping and payroll services.
March 6 -
Business executives who are also CPAs are feeling more upbeat about the overall U.S. economy this year and their own companies, according to an AICPA survey.
March 5 -
Proposed regulations aim to making it simpler for digital asset and crypto brokers to provide the Form 1099-A electronically, instead of sending paper copies.
March 5 -
Investors place strong trust in public company audits as a check on the financial statements issued by companies, but auditor independence remains a focus.
March 4 -
The professional and business services sector, which includes accounting and tax preparation along with other services, lost 30,000 jobs, ADP reported.
March 4 -
Enforcement activity against accounting and auditing firms declined sharply last year under the second Trump administration, according to two new reports.
March 3 -
The American Institute of CPAs' Auditing Standards Board posted a work plan for 2026 through 2027 and a five-year strategic plan for 2026 through 2030.
March 3 -
Minimum wage increases in some states and localities helped boost payrolls a small amount in February at small businesses, according to Paychex.
March 3 -
Senate and House Democrats introduced legislation to bring back the Direct File free tax preparation program that was ended by the Trump administration.
March 2 -
The IRS terminated its collective bargaining agreement with the National Treasury Employees Union, which represents most IRS and Treasury Department employees.
March 2
