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.
-
House Republicans have introduced a spending resolution that would slash IRS funding by around $2.8 billion, threatening taxpayer service and enforcement.
July 22 -
House Republicans released a spending proposal that threatens to withhold funding from the Financial Accounting Standards Board unless it withdraws its income tax reporting standard.
July 22 -
The Securities and Exchange Commission has tapped George Botic as acting chair of the Public Company Accounting Oversight Board after Erica Williams' departure.
July 21 -
Erica Williams is stepping down Tuesday as chair of the Public Company Accounting Oversight Board and spoke Monday with Accounting Today about her time at the PCAOB.
July 21 -
Nearly one-third (32%) of Americans have taken no financial steps to prepare for a natural disaster, according to a survey by the Harris Poll on behalf of the American Institute of CPAs.
July 21 -
The IRS is reevaluating how to gauge the more than 150 taxpayer service improvement projects it had been pursuing before staffing and budget cuts this year.
July 18 -
The IRS's progress in improving tax compliance in recent years has been threatened by cuts in funding and hiring, according to a new report.
July 18 -
The Top 75 Firm based in Parsippany, New Jersey, has received a minority investment from Cobepa, the latest firm with a PE investment.
July 17 -
Andersen, the fast-growing professional services firm, has expanded to Atlanta by merging in Berman & Associates.
July 17 -
The Institute of Internal Auditors presented its updated competency framework for internal auditors during its international conference this week in Toronto.
July 16 -
The Treasury Department and the IRS will need to roll out guidance to explain the bill's newer provisions and how they differ from earlier tax legislation.
July 16 -
The Top 25 Firm is extending its outsourcing capabilities, particularly in the nonprofit and family office sectors.
July 16 -
Public Company Accounting Oversight Board chair Erica Williams is departing on July 22, after being pushed out by the new SEC chairman after her agency narrowly avoided an effort to eliminate it.
July 15 -
Many of the provisions of the OBBBA benefit businesses, but colleges and universities will take a hit, as will companies in renewable energy.
July 15 -
The Internal Revenue Service's plan under the Biden administration to audit high-income taxpayers appears less likely after staffing and budget cuts.
July 14 -
The Big Four firm has acquired certain assets of boutique firm Trust Processing Solutions, based in Cincinnati.
July 14 -
The Senate passed a bipartisan bill that would provide tax-filing relief for taxpayers in states that have issued state-level disaster declarations, sending the bill to President Trump for his signature.
July 11 -
Smith + Howard, an Atlanta-based Top 100 Firm, has opened two new tax practices: site selection + incentives and state and local income tax consulting.
July 10 -
Tax clients are already starting to ask their accountants about the many changes in the massive One Big Beautiful Bill Act passed by Congress last week.
July 10 -
The International Ethics Standards Board for Accountants and the International Auditing and Assurance Standards Board set up technical groups for their standards.
July 10
