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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Luca Pacioli’s groundbreaking text on bookkeeping, accounting and mathematics sold for $1,215,000 at an auction Wednesday at Christie’s in New York.
June 12 -
A special early draft of the IRS publication on federal income tax withholding gives employers an advance look at the changes in the new Form W-4.
June 12 -
The accuracy of miscellaneous income statements submitted by federal entities on the Form 1099-MISC has significantly improved, but could be better.
June 12 -
Bloomberg Tax & Accounting has added support for the new lease accounting standard under International Financial Reporting Standards to its product, which already supports the ASC 842 standard under U.S. GAAP.
June 11 -
State sales taxes on business-to-business purchases accounted for 41.7 percent of state and local sales taxes, according to a new study by Ernst & Young.
June 11 -
The House voted for a second time to approve bipartisan legislation to overhaul key aspects of the way the IRS operates, but without a controversial provision.
June 11 -
The tax prep giant is buying a provider of small business accounting software.
June 11 -
Mike McGuire will serve as a "brand ambassador" for the firm, starting August 1, and GT will be led by Bradley J. Preber as interim CEO elect.
June 8 -
The Internal Revenue Service issued a warning Friday to taxpayers who haven’t yet filed their 2018 tax returns.
June 7 -
The Securities and Exchange Commission has added fraud charges to its previous charges against Longfin Corp., a defunct company that used to promote cryptocurrency and went public under dubious circumstances.
June 7 -
The Internal Revenue Service tends to impose relatively few accuracy-related penalties during audits of large businesses, according to a new report.
June 7 -
Clawbacks on incentive-based compensation for executives could lead to misconduct and misreporting of financial results, according to a new academic study.
June 7 -
The former COO of the IFRS will be chairing the International Auditing and Assurance Standards Board after the previous choice abruptly backed away from taking the post.
June 6 -
Sen. Ron Wyden, D-Ore., introduced the legislation in response to the recent college admissions scandal.
June 6 -
Only 34 percent of CFOs agree there is a succession plan in place for their role, and 81 percent of CFOs report there is no internal successor for them.
June 6 -
The outlook for the U.S. and global economy is getting gloomier, according to a new survey by the AICPA.
June 6 -
The legislation would correct a problem in the Tax Cuts and Jobs Act that makes it difficult for performing artists to deduct their work-related expenses.
June 5 -
The Big Four firm is expanding its legal consulting practice.
June 5 -
Small businesses lost 52,000 jobs as the impact of the Tax Cuts and Jobs Act wore off.
June 5 -
The Internal Revenue Service plans to end faxing of tax transcripts in June, and third-party mailing of tax returns and transcripts in July, to curb identity theft.
June 4
