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 Democratic presidential nominee Joe Biden expressed optimism and hope about overcoming the economic crisis and other challenges during his acceptance speech at the virtual Democratic National Convention.
August 21 -
The Top 100 Firm has expanded in Massachusetts by adding a financial outsourcing firm, effective Aug. 15.
August 20 -
House Ways and Means Chair Richard Neal wants the IRS to quit sending balance due notices for now.
August 19 -
Financial execs take wait and see approach amid coronavirus uncertainty
August 19 -
The U.S. Chamber of Commerce and other organizations are sounding the alarm about the impact of President Trump’s order.
August 18 -
The Internal Revenue Service and the Treasury plan to send interest payments averaging $18 to approximately 13.9 million taxpayers.
August 18 -
The Governmental Accounting Standards Board is working on developing new standards for state and local governments to use under its new chair, Joel Black, while responding to the novel coronavirus pandemic.
August 17 -
The service is now letting taxpayers submit Form 1040-X electronically when they want to file an amended tax return through commercial tax software.
August 17 -
The Internal Revenue Service is giving taxpayers a break if the checks they mailed in to pay their taxes still haven’t been opened up yet and are sitting in the trailers the IRS set up during the pandemic.
August 17 -
The board is considering a proposal aimed at reducing the cost and complexity for private companies when they need to decide on the fair value of the shares underlying a share-option award on its grant date or modification date.
August 17 -
The Internal Revenue Service is giving parents another chance to list their kids so they can receive an extra $500 per child in economic impact payments under the CARES Act.
August 14 -
The U.S. Small Business Administration has posted rules about how businesses who have been turned down for forgiveness of their Paycheck Protection Program loans can appeal the decision.
August 13 -
The American Institute of CPAs has sent a letter to top officials asking for more guidance on the president's executive order.
August 13 -
Two major CPA firms, Baker Tilly and Squar Milner, are joining forces, with the combined firm likely to become one of the 10 largest accounting firms in the U.S. when the deal takes effect on Nov. 1.
August 13 -
Payroll companies need guidelines on how to implement President Trump's executive order before they can start processing paychecks next month.
August 12 -
Internal audit departments are slowing down the adoption of next-generation technologies, such as artificial intelligence and machine learning, according to a new survey.
August 12 -
Among the pandemic-related issues covered are how to handle the Paycheck Protection Program and other stimulus efforts.
August 12 -
The firm is awaiting a ruling in a case involving a manufacturing company owner who sued the firm for fraud, negligence and other claims after the firm failed to advise him of a tax strategy.
August 11 -
Post-implementation reviews enable FASB to identify and deal with any areas for improvement stemming from either adoption or implementation of a standard.
August 11 -
PricewaterhouseCoopers has been building its managed tax services business since 2017, but now it sees an opportunity to help companies who are dealing with COVID-19.
August 10
