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 positive figures included 13,200 jobs in accounting, and raised hopes for a faster economic recovery despite the coronavirus pandemic.
By Michael CohnJune 5 -
International Federation of Accountants CEO Kevin Dancey talks about how accounting organizations around the world are dealing with the coronavirus pandemic and working with each other to solve problems and share resources.
By Michael CohnJune 5 -
Business executives who are also CPAs have sharply reduced their outlook for profits, sales, hiring and the overall economy over the next 12 months, because of the COVID-19 pandemic, according to a new survey by the American Institute of CPAs.
By Michael CohnJune 4 -
The pandemic and the new accounting standard are leading to lower regulatory capital ratios at global investment banks, according to a new report.
By Michael CohnJune 4 -
The Regional Leader firm is expanding its international tax expertise in Massachusetts.
By Michael CohnJune 4 -
The Center for Audit Quality will be premiering a new documentary Thursday following a group of aspiring young accounting students as they take a 21-day RV trip across the country and learn about the auditing and accounting profession.
By Michael CohnJune 3 -
The payroll provider has been partnering with accountants to help them secure loans for their small businesses.
By Michael CohnJune 3 -
The Internal Revenue Service is giving retirement plan participants and beneficiaries some added flexibility during the COVID-19 pandemic to remotely sign or have their retirement plan elections notarized.
By Michael CohnJune 3 -
The Financial Accounting Standards Board released an accounting standards update providing a one-year effective date delay for private companies and organizations to apply the revenue recognition and leases standards due to COVID-19, although they still have the option to apply the standards early.
By Michael CohnJune 3 -
Private sector employers slashed at least 2,760,000 jobs from April 12 to May 12, according to payroll giant ADP, on top of the 20 million job cuts in the previous monthly period.
By Michael CohnJune 3 -
The CARES Act included several provisions allowing companies to claim net operating losses for past tax years, temporarily reversing some of the limitations in the Tax Cuts and Jobs Act.
By Michael CohnJune 2 -
Employment growth at small businesses improved slightly in May, up 0.25 percent, as stay-at-home orders eased in most states, but that was only after reaching historic lows in April, according to payroll giant Paychex.
By Michael CohnJune 2 -
The service hasn’t been doing enough to collect the taxes owed by hundreds of thousands of people who owe billions of dollars, according to a new report.
By Michael CohnJune 1 -
The Public Company Accounting Oversight Board issued inspection reports Monday for the six largest auditing firms in a new format with more graphs and charts.
By Michael CohnJune 1 -
Bill Smith, managing director of the National Tax Office of CBIZ MHM, discusses the loan forgiveness provisions of the PPP, along with the employee retention credit, net operating loss carrybacks and economic impact payments, along with the prospects for the next round of stimulus in Washington.
By Michael CohnMay 29 -
The Bonadio Group, a Top 100 Firm based in Rochester, New York, began returning to its offices this week as the stay-at-home order to combat the spread of the coronavirus was lifted in some parts of the state.
By Michael CohnMay 29 -
In response to the coronavirus, the Internal Revenue Service and the Treasury are giving renewable energy companies more time to develop projects using sources such as wind and geothermal.
By Michael CohnMay 28 -
The Internal Revenue Service and the Treasury Department issued proposed regulations Wednesday to update the income tax withholding rules for periodic retirement and annuity payments made after Dec. 31, 2020.
By Michael CohnMay 27 -
The council has opened a 90-day consultation period on proposed revisions to its International Integrated Reporting Framework, and named Conor Kehoe as its new chair.
By Michael CohnMay 27 -
The Financial Accounting Standards Board has appointed Hillary H. Salo, a partner at KPMG, as its new technical director and chair of the Emerging Issues Task Force.
By Michael CohnMay 27














