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 service released a FAQ to explain how students and universities should report emergency financial aid grants related to the pandemic.
March 31 -
The profession is slowly becoming more diverse, but progress has been halting.
March 31 -
The economy continued to rebound this year despite the ongoing COVID-19 pandemic, payroll giant ADP reported Wednesday.
March 31 -
The board released an ASU that helps the organizations decrease the complexity of performing a goodwill triggering event evaluation.
March 30 -
The Internal Revenue Service responded Tuesday to calls for extending more tax deadlines by giving taxpayers until May 17 to make IRA and HSA contributions and file some refund claims.
March 30 -
Small businesses are recording a significant jump in job growth this month, while weekly and hourly earnings grew as well, according to payroll giant Paychex.
March 30 -
The Internal Revenue Service plans to begin issuing Economic Impact Payments to Social Security recipients and other federal beneficiaries this weekend after weeks of delay.
March 30 -
The Internal Revenue Service’s Criminal Investigation division is partnering with tax authorities abroad to ferret out signs of tax fraud, targeting financial technology companies and cryptocurrency.
March 26 -
The Social Security Administration transmitted the necessary information to the IRS so it can begin sending Economic Impact Payments to nearly 30 million beneficiaries after an ultimatum from Congress.
March 25 -
Other issues take precedence over environmental, social and governance issues for many finance execs, according to a PricewaterhouseCoopers survey.
March 24 -
The Internal Revenue Service has changed the calculation for determining the $10,200 exclusion on unemployment benefits in the new pandemic relief package, allowing more taxpayers to qualify, but forcing tax software developers to update their programs.
March 24 -
The Financial Accounting Standards Board said Tuesday the Securities and Exchange Commission has accepted the latest updates to the GAAP Taxonomy for filing financial statements with the SEC.
March 23 -
A group of House Democrats is sounding the alarm about delays in Economic Impact Payments going out to beneficiaries of safety net programs.
March 23 -
The National Conference of CPA Practitioners is asking the IRS to postpone the tax deadline from May 17 until June 15 and to make it apply to quarterly estimated payments.
March 22 -
The move is aimed at helping pave the way for a potential international standard-setter for ESG accounting.
March 22 -
The COVID-19 pandemic could give remote employees around-the-clock access to company funds with little supervision and lead to embezzlement.
March 19 -
Fewer than two out of every 100 taxpayers reporting over $1 million in income were audited by the Internal Revenue Service in fiscal year 2020, according to a new report.
March 19 -
Richard Chambers has released a book on disruption as a new IIA report examines how the internal audit profession is coping with COVID-19.
March 18 -
Senate Democrats are sponsoring legislation to safeguard stimulus payments from debt collectors, while Republicans want states to be able to use funds from the new relief package for tax cuts.
March 18 -
The House voted to provide an extra two months for the Paycheck Protection Program, giving businesses until May 31 to apply for forgivable loans during the pandemic.
March 17
