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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EY earned a record $37.2 billion in the fiscal year ending June 30.
September 10 -
The Internal Revenue Service plans to mail out letters later this month to an estimated 9 million non-filers, encouraging them to claim their economic impact payments by an Oct. 15 deadline.
September 10 -
The Internal Revenue Service needs to improve how it handles third-party requests for access to taxpayer information and electronic signatures from representatives such as CPAs, enrolled agents and attorneys that could leave taxpayers at risk of identity theft, according to a new report.
September 10 -
Accounting firms are still managing to see increases in their fees and income per partner this year, despite the economic downturn from the COVID-19 pandemic, according to the latest edition of the annual Rosenberg Survey.
September 9 -
The Public Company Accounting Oversight Board updated its research and standard-setting agendas.
September 8 -
Democrats on the tax-writing House Ways and Means Committee introduced a bill to overturn President Trump’s executive action to defer payroll tax contributions, along with a resolution of disapproval that’s being coordinated with Democrats in the Senate.
September 8 -
The jobs report showed signs of economic recovery despite the COVID-19 pandemic, although the number of accounting and bookkeeping jobs declined.
September 4 -
The American Institute of CPAs has received an increasing number of questions on sustainability assurance engagements.
September 3 -
Armour & Associates joins Frost & Company; the Pennsylvania Institute of CPAs acquires CPA Crossings; CBIZ adds ARC; and TCV buys Oversight.
September 2 -
The private sector gained 428,000 jobs in August, especially within large companies, according to payroll giant ADP, a tentative sign of a continuing economic recovery despite the COVID-19 pandemic.
September 2 -
The Internal Revenue Service released final regulations for the base erosion and anti-abuse tax that is supposed to discourage multinational corporations from shifting profits overseas.
September 1 -
The Internal Revenue Service introduced a section of its website dedicated to the Centralized Partnership Audit Regime.
September 1 -
As COVID-19 lockdown restrictions eased, New York, New Jersey and Pennsylvania businesses benefited.
September 1 -
Abacus Worldwide has expanded by merging in a fellow accounting association JHI, effective Sept. 1, 2020.
September 1 -
The California Society of CPAs has created a commission to focus on diversity, equity and inclusion issues in the CPA profession.
August 31 -
The final three months of the fiscal year showed a slowdown due to the impact of coronavirus on clients.
August 31 -
The Internal Revenue Service has completed its first settlement order with the operator of a syndicated conservation easement scheme as part of a broader crackdown on what the IRS views as abusive tax scams.
August 31 -
Company controllers have needed to burnish their technology skills during the coronavirus pandemic.
August 28 -
Mowery & Schoenfeld is merging in Xamin, a provider of managed IT services, and Westberg Eischens has acquired Robert F. Danielowski’s accounting firm.
August 28 -
The Internal Revenue Service is temporarily allowing the use of digital e-signatures on some forms that can’t be filed electronically.
August 28
