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 is giving some relief from penalties to partnerships that filed their 2016 tax returns too late this year.
By Michael CohnSeptember 1 -
TV host and science educator Bill Nye has filed suit against the Walt Disney Company over the accounting for profits on his old TV series “Bill Nye the Science Guy."
By Michael CohnSeptember 1 -
The Internal Revenue Service’s Criminal Investigation unit has reportedly been tapped by special counsel Robert Mueller’s office to help investigate financial ties between Donald Trump’s presidential campaign and Russia.
By Michael CohnSeptember 1 -
The American Institute of CPAs’ Accounting and Review Services Committee has published an exposure draft of a proposed standard on procedures for attestation engagements, while its Financial Reporting Executive Committee has issued working drafts of some of its industry-specific guidance for various industries.
By Michael CohnSeptember 1 -
The Internal Revenue Service’s Computer Security Incident Response Center is preventing some cybersecurity violations, but could use some improvements, according to a new report.
By Michael CohnAugust 31 -
The staffing firm Robert Half has published its 2018 salary guides for different industries, including accounting and finance.
By Michael CohnAugust 31 -
The revenue recognition standard that takes effect next year could help health care providers and regulators identify instances of Medicare and Medicaid fraud by subjecting their financial statements to new scrutiny, although in some ways the new rules could also spur some forms of fraud.
By Michael CohnAugust 31 -
Business executives who are also CPAs cited the scarcity of skilled personnel as their top concern, according to a new survey by the American Institute of CPAs.
By Michael CohnAugust 31 -
The Internal Revenue Service is planning a series of actions in the coming months to improve e-Services usability and security on the online apps.
By Michael CohnAugust 30 -
The Financial Accounting Standards Board released its long-awaited hedge accounting standard this week, but companies may want to be careful about adopting it early, or else they could miss out on some one-time benefits.
By Michael CohnAugust 30 -
The Internal Revenue Service granted additional relief to victims of Hurricane Harvey on Wednesday by making it easier for 401(k)s and other employer-sponsored retirement plans to give loans and hardship distributions to aid victims.
By Michael CohnAugust 30 -
The Public Company Accounting Oversight Board released a document Wednesday offering information about the main areas its inspectors are looking at during its visits to auditing firms this year.
By Michael CohnAugust 30 -
Accounting Principals, a staffing company that recruits accounting and finance professionals, published its 2018 Salary Guide on Wednesday, providing salary data in various parts of the country for different jobs in the accounting and finance sectors.
By Michael CohnAugust 30 -
Private sector employers added a robust 237,000 jobs in August, according to payroll giant ADP, with strong gains in professional and business services.
By Michael CohnAugust 30 -
The Internal Revenue Service hasn’t provided the training to enough employees on how to deal with requests from divorced and separated spouses about efforts to collect delinquent taxes owed on their joint tax returns, according to a new report.
By Michael CohnAugust 29 -
Paychex reported Tuesday continued momentum in wage growth at small businesses in August, even as employment growth at those businesses dipped slightly for the sixth month in a row.
By Michael CohnAugust 29 -
The Internal Revenue Service has signed a contract with a company called Chainalysis that offers software for analyzing and tracking bitcoin transactions.
By Michael CohnAugust 28 -
The Internal Revenue Service sent an urgent warning Monday about a new phishing scheme in which a scam email purporting to originate from the IRS and the Federal Bureau of Investigation is actually part of a ransomware effort to take computer information hostage.
By Michael CohnAugust 28 -
Happy Tax has acquired Opportunity Tax and Insurance, a franchise network of eight storefront tax preparation and insurance sales offices in North Carolina, Georgia and Florida, and announced a partnership Monday with Santa Barbara Tax Products Group, a subsidiary of Green Dot, to provide refund advances and refund transfers.
By Michael CohnAugust 28 -
The Texas Society of CPAs has posted a toll-free phone help line for victims of the devastating Hurricane Harvey.
By Michael CohnAugust 28

















