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 Internal Revenue Service updated Friday the tax year 2018 annual inflation adjustments to reflect changes from the recent tax reform law.
By Michael CohnApril 13 -
While it's not yet required, the use of the data-tagging technology is steadily expanding.
By Michael CohnApril 12 -
The Internal Revenue Service is preparing to release draft versions of tax forms, instructions and guidance for the TCJA over the next few months.
By Michael CohnApril 12 -
The Center for Audit Quality has released a tool to help directors of public companies guard against tech threats.
By Michael CohnApril 12 -
The tax-writing panel voted on a bipartisan basis to approve a set of bills to “redesign” the Internal Revenue Service.
By Michael CohnApril 11 -
The International Federation of Accountants claims regulatory divergence is dampening economic growth.
By Michael CohnApril 11 -
CEOs and CFOs are feeling more upbeat about the prospects for economic growth, according to a survey released by PwC.
By Michael CohnApril 10 -
The Republican and Democratic leaders of the House Ways and Means Oversight Subcommittee released legislation to ‘redesign’ the Internal Revenue Service.
By Michael CohnApril 10 -
The International Ethics Standards Board for Accountants has released a new code of ethics for accountants that’s been rewritten to make it simpler to navigate, use and enforce.
By Michael CohnApril 10 -
The majority of corporate tax departments are playing a major role in advising executives on mergers and acquisitions, according to a new survey.
By Michael CohnApril 10 -
The United Kingdom’s Financial Reporting Council, which oversees auditing firms, said Monday it is implementing the recommendations of an independent review of sanctions for auditors, accountants and actuaries, which include increasing the fines to £10 million ($14.1 million) or more for “seriously poor audit work” by a Big Four firm.
By Michael CohnApril 9 -
The Internal Revenue Service is continuing to expand its efforts to detect tax refund fraud this tax season, according to a new report.
By Michael CohnApril 9 -
As recently as 2010, the Internal Revenue Service used to audit nearly all 'corporate giants.'
By Michael CohnApril 9 -
The Internal Revenue Service and its partners in the tax industry and state tax authorities issued a warning Monday about a wave of e-mails from cybercriminals purporting to come from “IRS Refunds.”
By Michael CohnApril 9 -
Biotech, pharmaceutical, medical device and related businesses are dealing with recent accounting standards, plus a new tax law, amid a changing landscape for their industry.
By Michael CohnApril 9 -
The American Institute of CPAs is asking the Internal Revenue Service to provide additional details on how it will be treating foreign corporate income under the new tax law.
By Michael CohnApril 5 -
The Internal Revenue Service is being urged to consider modifying the 1040 form to simplify claiming the Earned Income Tax Credit.
By Michael CohnApril 5 -
Larry Smith, who served as a member of the Financial Accounting Standards Board from 2007 until 2017, is watching some of the standards he worked on for a decade now being rolled out, but he believes the board should be doing more on performance reporting and the FASB Accounting Standards Codification.
By Michael CohnApril 5 -
Private sector employers added 241,000 jobs in March, according to payroll giant ADP, as the new tax law and the strong economy helped boost hiring.
By Michael CohnApril 4 -
The Center for Audit Quality has released a publication to help audit committees oversee their companies’ implementation of the new leasing standard.
By Michael CohnApril 4
















