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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Financial stress rates for U.S. workers are among the highest they have been over the last five years, as workers contend with greater financial burdens and debt, according to a new survey by PricewaterhouseCoopers.
By Michael CohnApril 19 -
The number of accounting-related securities class-action filings increased for the third year in a row in 2015, according to a new report.
By Michael CohnApril 19 -
The American Institute of CPAs has begun offering intermediate and advanced certificates to CPAs who perform single audits of governmental entities and grantees and audits of employee benefit plans.
By Michael CohnApril 19 -
A number of mobile tax apps could be putting users personal information at risk of exposure to hackers, according to security researchers.
By Michael CohnApril 18 -
Liberty Tax Service has closed 28 of its franchised locations in the New York City area, instructing them to cease preparing and filing tax returns for the remainder of the 2015 tax filing season.
By Michael CohnApril 18 -
Approximately two-thirds of companies that make up the Dow Jones Industrial Average reported non-GAAP earnings per share, according to a study last year, and the Securities and Exchange Commission is beginning to wonder if the trend has gone too far.
By Michael CohnApril 18 -
The Senate Finance Committee has dropped a provision for regulating tax preparers from legislation that would curb identity theft and tax fraud.
By Michael CohnApril 18 -
The Internal Revenue Service is warning tax professionals about a new scam in which cybercriminals obtain remote control of tax preparers computer systems, complete and file client tax returns, and redirect tax refunds to thieves accounts.
By Michael CohnApril 18 -
Congress passed a law 18 years ago requiring reforms at the Internal Revenue Service that still remain overdue today, according to a new government report.
By Michael CohnApril 15 -
Businesses are facing a significant shortage of accounting and finance professionals who have data analytics skills, according to a new report.
By Michael CohnApril 15 -
As the days tick down until the end of tax season, some clients need some gentle urging to get their taxes done, or at least to file for a six-month extension.
By Michael CohnApril 14 -
The London-based International Valuation Standards Council is asking for input on some of its new standards for performing valuations on financial instruments, real estate and intangibles.
By Michael CohnApril 14 -
The House Ways and Means Committee held a hearing Thursday on proposals to limit tax breaks for employers who provide health care for employees.
By Michael CohnApril 14 -
Internal Revenue Service Commissioner John Koskinen defended the IRSs cybersecurity efforts during a contentious congressional hearing Thursday on the IRSs ability to protect taxpayer systems.
By Michael CohnApril 14 -
National tax preparation chains are exploiting the working poor by forcing them to spend a significant portion of the Earned Income Tax Credit just to pay for filing their taxes, according to a new report, and H&R Block is firing back.
By Michael CohnApril 14 -
Senator Elizabeth Warren, D-Mass., has introduced legislation, co-sponsored by Sen. Bernie Sanders of Vermont, that would require the Internal Revenue Service to develop a free, online tax preparation and filing service that taxpayers could use to prepare and file their taxes directly with the federal government.
By Michael CohnApril 14 -
Thomson Reuters is building bridges with NetSuite and other vendors enterprise resource planning software, tying its sales tax technology to theirs.
By Michael CohnApril 13 -
Large, profitable American corporations paid only 14 percent of their profits in federal income taxes on average from 2008 through 2012, and approximately one-fifth of them paid nothing at all in each of those years, according to a new government report commissioned by Sen. Bernie Sanders.
By Michael CohnApril 13 -
The House Ways and Means Committee passed four pieces of Republican-sponsored legislation Wednesday restricting IRS employee bonuses, hiring and spending, with less than a week to go in tax season.
By Michael CohnApril 13 -
The Internal Revenue Service has added eight delivery services that qualify as private delivery services for mailing tax documents and payments on a timely basis.
By Michael CohnApril 13