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 International Accounting Standards Board is changing the underpinnings of International Financial Reporting Standards.
March 29 -
Rapper and actor DMX was sentenced to one year in prison for tax fraud for evading taxes from 2010 to 2016.
March 29 -
Some of the tax returns selected by Internal Revenue Service examiners for extra scrutiny didn’t have millions of dollars in refunds held last year as they were required to be, according to a new report, and in other cases the notifications weren’t sent to taxpayers.
March 28 -
An accounting manager who allegedly stole more than $1.5 million from her employer has admitted to wire fraud.
March 28 -
A provider of cloud-based tax and financial planning services recently made its proprietary technology available to independent advisors, accountants and tax professionals.
March 28 -
The Top 100 Firm is acquiring a firm that specializes in outsourced finance and accounting services, effective April 1.
March 28 -
Late receipt of wage reporting documents is reducing the capabilities of a new system for deterring tax cheats.
March 27 -
The Internal Revenue Service may be changing Schedule UTP, the Uncertain Tax Position Statement, which corporate taxpayers file with their Form 1120 tax returns, because it doesn’t contain enough information to be useful in compliance efforts, according to a new report.
March 27 -
CPAs can provide attest services to make sure businesses are taking steps to mitigate tech risks.
March 27 -
An appeals panel sided with an auditor who wasn't allowed extra help at his deposition.
March 27 -
The leaders of a congressional subcommittee overseeing the Internal Revenue Service released draft legislation to overhaul the IRS for the first time since 1998.
March 26 -
The decline in the number of IRS criminal investigators has led to a drop in cases sent to the Justice Department.
March 26 -
The new authentication process that was installed after a big data breach still isn’t protecting taxpayer info.
March 26 -
The $1.3 trillion omnibus appropriations bill passed by Congress last week includes some modifications to the Internal Revenue Service’s centralized audit regime for auditing large partnerships.
March 26 -
The Internal Revenue Service warns virtual currency users they need to disclose gains on their tax returns.
March 23 -
The Senate's recent passage of legislation exempting smaller financial institutions from some requirements could help clients.
March 23 -
The National Association of Enrolled Agents sent a letter to members of Congress’s tax-writing committees calling for a series of changes at the Internal Revenue Service.
March 23 -
The American Institute of CPAs has released a set of questions and answers on the topic of compliance for multiemployer plans, along with some new Q&As for senior personnel who have been on an engagement team for a long period of time.
March 22 -
The Top 100 Firm has added a managed IT service provider headquartered in Grandville, Mich.
March 22 -
The Internal Revenue Service cautioned practitioners to be on the alert for the re-emergence of a cybercriminal scam that is helping fuel a dramatic uptick in reports of stolen information from firms.
March 22
