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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Paul Atkins warned the SEC might eliminate a rule that allows multinational companies to avoid reconciling their IFRS financials with U.S. GAAP.
September 11 -
A group of mostly Democratic lawmakers sent a letter to Treasury Secretary Scott Bessent criticizing recent moves to ease the corporate alternative minimum tax for large corporations in two recent notices.
September 10 -
Accounting firms are reporting strong growth in revenue, and continuing increases in staff comp, according to a new survey from the American Institute of CPAs.
September 10 -
A group of firms is combining under the Richey May brand to create a national footprint and rank among the Top 50 Firms.
September 9 -
The market for transferable tax credits for clean energy grew in the past year, but moves by the Trump administration blocked wind and solar energy.
September 9 -
The International Ethics Standards Board for Accountants posted two new publications from its staff on two of its recent standards.
September 8 -
The Internal Revenue Service intends to shut down nine in-person Taxpayer Assistance Centers in six states as part of the administration's cost-cutting moves.
September 8 -
The Internal Revenue Service has hit taxpayers with over $162 million in penalties for claiming fraudulent tax credits touted on social media.
September 8 -
Lawmakers introduced two pieces of legislation to completely eliminate taxes on Social Security benefits and extend the premium tax credits for health insurance for one year
September 5 -
The economy showed further signs of a slowdown as the unemployment rate edged up one-tenth of a point to 4.3%.
September 5 -
The State Department can disclose tax return information to contractors who help revoke or deny a passport of anyone with a seriously delinquent tax debt.
September 4 -
Leaders of corporate audit committees are confronting new and emerging challenges, according to a new report from Deloitte.
September 4 -
The private sector added only 54,000 jobs last month, payroll giant ADP reported, as the job market showed further signs of a slowdown.
September 4 -
The Top 25 Firm based in New York is acquiring Ostrow Reisin Berk & Abrams, a Regional Leader based in Chicago.
September 4 -
The American Institute of CPAs has updated its practice aid on digital assets with a new chapter on auditing cryptocurrency lending and borrowing transactions.
September 3 -
Eight major health care giants saved billions in taxes thanks to the Tax Cuts and Jobs Act, while increasing costs, denying care and cutting staff.
September 3 -
The Internal Revenue Service's Criminal Investigation unit has been cracking down on illegal sports gambling
September 2 -
Hourly earnings growth for small business employees fell to 2.58% last month, while job growth remained basically flat, according to Paychex.
September 2 -
The list of jobs that are eligible for tax exemptions on tips includes bartenders, food servers, entertainers, performers and digital content creators.
September 2 -
Approximately 10,000 employers never paid the Social Security taxes they have deferred ever since the 2020 pandemic, according to a new report.
September 2
