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.
-
The Internal Revenue Service needs to do a better job of managing its employees in the wake of budget cuts that have forced the IRS to severely reduce tax audits, or else it could be putting its mission at risk, according to a new report from the Government Accountability Office.
By Michael CohnMarch 26 -
The institute also released guidance on auditing prior-period financial statements.
By Michael CohnMarch 26 -
Bipartisan legislation would make a technical correction in the Tax Cuts and Jobs Act that has kept many stores and restaurants from renovating their facilities.
By Michael CohnMarch 26 -
The final rules offer guidance on the penalty for failing to include information that’s supposed to be disclosed under the Small Business Jobs Act and how to calculate the amount.
By Michael CohnMarch 25 -
The Financial Accounting Standards Board is proposing to make further changes in the income tax disclosure requirements for companies to make them more relevant to users of financial statements.
By Michael CohnMarch 25 -
The Top 100 Firm has combined with a firm in Braintree, Massachusetts that specializes in servicing clients in the affordable housing industry.
By Michael CohnMarch 25 -
Special counsel Robert Mueller’s team included forensic accountants who helped the former FBI director investigate allegations of collusion between the Trump campaign and Russia, according to a letter released Sunday by Attorney General William Barr summarizing Mueller’s findings.
By Michael CohnMarch 25 -
Senior finance executives are working on implementing a slew of advanced technologies at a rapid rate, according to a survey by Grant Thornton.
By Michael CohnMarch 22 -
The Treasury Department and the Internal Revenue Service are lowering the withholding underpayment threshold to 80 percent.
By Michael CohnMarch 22 -
The Internal Revenue Service is working on a new study analyzing the 62-year-old rules for corporate spinoffs.
By Michael CohnMarch 22 -
Proposed regulations spell out the requirements under the Tax Cuts and Jobs Act, including some new forms.
By Michael CohnMarch 22 -
The federal investigators who uncovered the scam probably got help from the accountants.
By Michael CohnMarch 21 -
The Financial Accounting Standards Board is aligning its definition with the American Alliance of Museums’ Code of Ethics for Museums.
By Michael CohnMarch 21 -
The Internal Revenue Service has been cracking down on tax-related ID theft, helping make 11 arrests and indict 15 individuals in recent weeks.
By Michael CohnMarch 20 -
The service scrambled to provide guidance and forms for taxpayers on the new 20% tax break for qualified business income in time for tax season.
By Michael CohnMarch 19 -
EY has added a firm based in Irvine, expanding the Big Four firm’s presence in Southern California.
By Michael CohnMarch 19 -
Blucora plans to combine HD Vest’s individual tax advisor focus with 1st Global’s institutional, multi-partner focus.
By Michael CohnMarch 19 -
The Internal Revenue Service isn’t doing enough to flag over $74 million in potentially erroneous claims for the Excess Social Security Tax Credit, according to a new report.
By Michael CohnMarch 18 -
Three pieces of guidance outline new requirements for companies to disclose CAMs in their audit reports.
By Michael CohnMarch 18 -
The accounting firm association has appointed a longtime ACCA executive director as its new chief, effective June 1, 2019.
By Michael CohnMarch 18














