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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The Treasury Department and the Internal Revenue Service have outlined additional steps they are taking to reduce the tax benefits of corporate inversions, and when possible, stop the transactions from occurring.
By Michael CohnNovember 19 -
Interim CEOs engage in considerably more earnings manipulation than their permanent successors, according to a new study.
By Michael CohnNovember 19 -
The Internal Revenue Service has provided retailers and restaurateurs with a safe harbor of accounting for expenditures related to repairs, remodeling and refreshes.
By Michael CohnNovember 19 -
Fast-growing CPA firm OConnor Davies, LLP is adding Stanley Marks & Company, LLP, a full-service accounting firm based in Newburgh, N.Y.
By Michael CohnNovember 19 -
The Internal Revenue Service is beginning the next round of its battle against tax-related identity theft by debuting a public awareness campaign to persuade more taxpayers to safeguard their personal information, in conjunction with tax preparation companies and state tax authorities.
By Michael CohnNovember 19 -
Smart Devine, a regional CPA firm in Philadelphia, is joining Top 100 firm Marcum LLP, based in New York.
By Michael CohnNovember 19 -
Edison, Perry & Company PC, an accounting firm in Enterprise, Ore., will be joining regional CPA firm Eide Bailly LLP, on Jan. 11, 2016.
By Michael CohnNovember 19 -
In contrast to the official government figures from the U.S. Bureau of Labor Statistics, small business employment remained relatively stagnant in October, according to Intuit, increasing only 0.01 percent.
By Michael CohnNovember 18 -
Accounting and financial reporting standards for state and local governments that address nonexchange transactions achieved their purpose, according to a new report.
By Michael CohnNovember 18 -
Sales and use tax rates increased slightly across the country in the third quarter of the year, according to a new report.
By Michael CohnNovember 18 -
The American Institute of CPAs has introduced Not-for-Profit (NFP) Certificate II, offering a second level of certification for CPAs who service or work for nonprofit organizations.
By Michael CohnNovember 18 -
A pair of reports released Wednesday highlight the impact of yearly budget cuts on the Internal Revenue Services activities.
By Michael CohnNovember 18 -
The Financial Accounting Foundation's board of trustees has decided to overhaul some of the procedures for the Private Company Council, which provides input to the Financial Accounting Standards Board on issues relating to privately held companies.
By Michael CohnNovember 18 -
The Internal Revenue Service is taking a closer look at professional employer organizations to implement a recent law.
By Michael CohnNovember 17 -
Securities and Exchange Commission chief accountant James Schnurr indicated Tuesday that he plans to recommend to SEC chair Mary Jo White that U.S. companies be allowed to use International Financial Reporting Standards to provide supplemental information, in addition to filing their financials in accordance with U.S. GAAP.
By Michael CohnNovember 17 -
World leaders threw their weight behind a set of tax reforms for multinational corporations during a meeting in Turkey this week, endorsing the Organization for Economic Cooperation and Developments Base Erosion and Profit Shifting, or BEPS, action plan.
By Michael CohnNovember 17 -
Chicago-area accounting firm Porte Brown LLC has merged in Alliant Advisors, effective Nov. 1, 2015.
By Michael CohnNovember 17 -
Companies are taking steps on their own to make their financial reports and disclosures more understandable, according to a new report.
By Michael CohnNovember 17 -
Accounting and consulting firm MarksNelson has acquired Overland Park, Kan.-based Marsh & Company.
By Michael CohnNovember 17 -
PricewaterhouseCoopers has been working on ways to soup up its audit practice by leveraging data analytics technology.
By Michael CohnNovember 16