Michael Cohn

Unemployment declined 1 percentage point to 6.9 percent as the economy continues a slow recovery despite the ongoing COVID-19 pandemic.

Wages are set to go up in Florida after voters passed a minimum wage ballot initiative in Tuesday’s election.

The board is postponing the effective date of its long-duration insurance standard for a year and making it easier to adopt it early.

The NJCPA is calling on state lawmakers and regulators to allow cannabis merchants to deduct business expenses.

Having started his transition at the beginning of the pandemic, Board Chair Richard Jones now faces the uncertainty of the presidential election and what Congress might do with accounting standards.

Regardless of who wins the White House, the scope for tax legislation in the near term will be limited.

The coronavirus and uncertainty over the election are slowing down employment gains.

The IRS is making some changes in its collection program to lessen the burden on taxpayers with outstanding tax debts who are trying to cope with the economic fallout of the COVID-19 pandemic.

Internal auditors are facing risks during the COVID-19 pandemic in business continuity, crisis management, cybersecurity and other areas, according to a new report.

The National Association of Black Accountants is hoping to expand its partnerships with accounting firms and corporate America to bring more diversity to the accounting profession.

Accountants can make a significant contribution to the economy at the local, national and global levels, according to a new report from the International Federation of Accountants.

The outcome of Tuesday’s election could be profound tax changes, but that’s only if one party wins control of both houses of Congress and the White House.

The Internal Revenue Service has posted instructions for both employers and employees about how to handle the Form W-2 reporting for the payroll tax deferral under President Trump’s executive action.

The Financial Accounting Standards Board has released a staff educational paper offering an overview of the accounting guidance for debt restructurings and modifications.

The IMA's Jeff Thomson told an online meeting of the Accountants Club of America about how the profession can appeal more to young people.

The National Treasury Employees Union has filed a lawsuit to block an executive order signed by President Trump last week that threatens to remove civil service protections from much of the federal workforce.

The top Democrat and Republican on the tax-writing House Ways and Means Committee introduced bipartisan legislation to encourage more Americans to save for retirement.

CPA Mutual’s Accountants Professional Liability Insurance program is moving to Camico, effective Jan. 1, 2021.

The deal expands BDO’s presence in the Baltimore, Northern Virginia and Washington, D.C., area.

Nearly 70 percent of organizations that have furloughed or laid off their employees during the novel coronavirus pandemic plan to back-fill the roles that were eliminated with other employees taking over.