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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Wolters Kluwer Tax and Accounting has introduced a new user interface for CCH Accounting Research Manager, its research system for financial reporting professionals.
By Michael CohnAugust 18 -
The Financial Accounting Standards Board released its long-awaited accounting standards update for not-for-profit financial reporting, albeit with scaled back ambitions to keep the standards for nonprofit organizations aligned with standards for businesses.
By Michael CohnAugust 18 -
The Public Company Accounting Oversight Board identified deficiencies at 96 percent of the firms that audit broker-dealers, according to a new report Thursday.
By Michael CohnAugust 18 -
Barfield, Murphy, Shank & Smith plans to expand its footprint in Alabama by combining with Himmelwright, Huguley & Boles, a CPA firm in the Auburn-Opelika area, on January 1 next year.
By Michael CohnAugust 18 -
The American Institute of CPAs is proposing to change the current peer review report so it clearly indicates if a Single Audit was chosen.
By Michael CohnAugust 18 -
A Democratic super PAC has come up with a new way to try to get Donald Trumps tax information: by filing a Freedom of Information Act request with the Internal Revenue Service.
By Michael CohnAugust 17 -
The rules for claiming net operating losses to offset income tax liabilities can vary from state to state and are proving to be a big challenge for many companies, especially as both the economy and corporate profitability improve.
By Michael CohnAugust 17 -
The Internal Revenue Service issued final regulations Wednesday for a 2 percent tax on payments from the U.S. government to foreign contractors.
By Michael CohnAugust 17 -
A total of 37 states provide full exemptions from sales and use taxes on manufacturing equipment and machinery, but for the rest of the states, the rules can be different.
By Michael CohnAugust 16 -
Sensiba San Filippo LLP has acquired The Resultants Inc., a consulting firm that specializes in internal audit and Sarbanes-Oxley compliance for small and midsize business clients.
By Michael CohnAugust 16 -
The average rate for sales taxes across the U.S. increased a bit in the second quarter of the year, according to a new report.
By Michael CohnAugust 16 -
Crowe Horwath has introduced the Crowe Insight Center for Audit to advance the firms auditing services.
By Michael CohnAugust 16 -
The Internal Revenue Service is giving victims of the recent catastrophic storms and flooding in Louisiana until Jan. 17, 2017 to file some of their individual and business tax returns and make certain tax payments.
By Michael CohnAugust 15 -
Companies that botch the accounting for transactions between different legal entities within their organizations can make their financial reporting slipshod.
By Michael CohnAugust 15 -
The Institute of Internal Auditors and the International Federation of Accountants have renewed an agreement to collaborate on advancing auditing and accounting practices around the world.
By Michael CohnAugust 15 -
Rehmann is combining with Sobb Roberts, expanding the Michigan-based accounting firms presence in Toledo, Ohio.
By Michael CohnAugust 15 -
Wolters Kluwer Tax and Accounting said Monday the Internal Revenue Service has selected it for the 12th year in a row to provide sales tax rate and taxability tables for taxpayers.
By Michael CohnAugust 15 -
Donald Trumps revamped tax plan stands in stark contrast to his rival Hillary Clintons plan, although many of the differences go back to the traditional split between the Republican and Democratic approaches to tax reform.
By Michael CohnAugust 12 -
Rupert Grint, who played Ron Weasley in the Harry Potter movies, failed in an effort to recover approximately 1 million pounds on his tax refund from the United Kingdom, showing that Expelliarmus spells dont work with the U.K. tax authorities.
By Michael CohnAugust 12 -
The Internal Revenue Service is unable to prevent contractors with unpaid taxes from receiving payments, according to a new report, despite legislation authorizing it to do so.
By Michael CohnAugust 12