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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Republicans on the tax-writing House Ways and Means Committee sent a a letter Thursday to Treasury Secretary Jacob Lew asking him to withdraw the Treasurys recently proposed regulations on estate and gift taxes.
By Michael CohnNovember 3 -
Internal Revenue Service examiners confront some steep barriers when trying to audit the transfer pricing strategies used by multinational corporations to reduce their taxes, according to a new report.
By Michael CohnNovember 3 -
The New York State Society of CPAs has some recommendations for items that the Financial Accounting Standards Board should add to its to-do list.
By Michael CohnNovember 3 -
The Internal Revenue Service convened a meeting of its Security Summit partners in the tax preparation industry and state tax authorities Thursday to discuss additional steps they can take to safeguard tax refunds from identity theft next filing season.
By Michael CohnNovember 3 -
Fewer private companies are expecting to increase headcount or revenues in the near future, according to a new survey by PricewaterhouseCoopers.
By Michael CohnNovember 3 -
Whether Hillary Clinton or Donald Trump is elected next Tuesday, there are some tax-planning moves that will make sense for your clients no matter who gets into the Oval Office.
By Michael CohnNovember 2 -
The American Institute of CPAs Financial Reporting Executive Committee is asking for feedback on three new working drafts of guidance for broker-dealers and depository and lending institutions on the Financial Accounting Standards Boards revenue recognition standard.
By Michael CohnNovember 2 -
Equale & Cirone LLP, a firm based in Bethel, Conn., is combining with Friedberg, Smith & Co. PC, a firm in Bridgeport, Conn., to form Cirone Friedberg LLP, effective November 1.
By Michael CohnNovember 2 -
The Securities and Exchange Commission has appointed a new deputy chief accountant in the Office of the Chief Accountant, Marc A. Panucci, a partner in PwCs national professional services group.
By Michael CohnNovember 2 -
The International Accounting Standards Board has released its five-year work plan for International Financial Reporting Standards, with a focus on completing its insurance contracts standard and revising its conceptual framework.
By Michael CohnNovember 2 -
Private sector employers added 147,000 jobs in October, according to the latest monthly jobs report from payroll giant ADP, the last before the election.
By Michael CohnNovember 2 -
The Internal Revenue Service is warning against the use of so-called micro-captive transactions and similar transactions as potentially abusive.
By Michael CohnNovember 1 -
The Internal Revenue Service has taken steps to improve the offer in compromise process for both taxpayers and the IRS, but it can still do more, according to a new report.
By Michael CohnNovember 1 -
Audit committees are increasing the amount of information they are giving investors on the actions they are taking to oversee their outside auditing firms, according to a new report.
By Michael CohnNovember 1 -
BDO USA LLP is partnering with CoStar Groups CoStar Real Estate Manager division to advise companies on complying with the lease accounting standard.
By Michael CohnNovember 1 -
K·Coe Isom is growing its footprint in California by acquiring Schmidt, Bettencourt & Medeiros in Turlock, the firms sixth location in the state.
By Michael CohnNovember 1 -
Small business employment growth fell for the second month in a row in October, slipping 0.11 percent from September, according to payroll giant Paychex.
By Michael CohnNovember 1 -
Nearly one out of four internal auditors around the world face pressures to either suppress or change their audit findings, according to a new report.
By Michael CohnOctober 31 -
The Securities and Exchange Commission has initiated proceedings against an audit partner at PricewaterhouseCoopers accusing him of not doing enough to audit a venture capital fund whose manager was stealing money.
By Michael CohnOctober 31 -
The Securities and Exchange Commission has charged PKF OConnor Davies and one of its senior partners with issuing fraudulent audit reports on the municipal bond offerings of the town of Ramapo, N.Y.
By Michael CohnOctober 31