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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Louisiana governor and Republican presidential candidate Bobby Jindal released a tax reform plan that would require all Americans to pay taxes.
By Michael CohnOctober 8 -
Camico is offering insurance coverage to protect CPAs from losses caused by a variety of different cyber risks.
By Michael CohnOctober 7 -
The House Ways and Means Oversight Subcommittee held a hearing Wednesday examining the rising costs of higher education and tax policy, including how tax breaks could be a contributing factor behind spiraling tuition costs.
By Michael CohnOctober 7 -
British Petroleum will be able to write off $15.3 billion of the $20.8 billion settlement of the 2010 Deepwater Horizon oil spill in the Gulf of Mexico, according to an advocacy group.
By Michael CohnOctober 7 -
The Internal Revenue Service is offering tax relief to victims of the historic flooding in recent days in South Carolina.
By Michael CohnOctober 7 -
The Internal Revenue Service has made only limited progress to date in eliminating the unnecessary use of Social Security Numbers in tax forms, letters and notices, according to a new report, leaving taxpayers exposed to potential identity theft.
By Michael CohnOctober 7 -
The leaders of the Senate Finance Committee are asking Volkswagen about the federal tax credits given to buyers of its vehicles for owning energy-efficient cars, amid revelations that the automaker programmed its devices to cheat emissions tests.
By Michael CohnOctober 7 -
Nearly three-quarters of Fortune 500 companies booked their profits to tax havens last year, with just 30 companies accounting for 62 percent of earnings stashed offshore, according to a new report.
By Michael CohnOctober 6 -
The Securities and Exchange Commission has charged two former top executives at OCZ Technology Group Inc. for accounting failures at the now-bankrupt seller of computer memory storage and power supply devices.
By Michael CohnOctober 6 -
One of Canadas largest accounting firms, MNP LLP, has chosen a new CEO, Jason Tuffs, who took over as the fourth CEO in the firms 58-year history on October 1.
By Michael CohnOctober 6 -
More than half of small business owners are handling payroll, human resources and benefits administration by themselves, according to a new survey.
By Michael CohnOctober 6 -
More than 20 percent of corporate board directors said their boards have been approached by activist investors during the past year, according to a new survey, but 46 percent of those polled have no plan in place for responding to activist investor challenges.
By Michael CohnOctober 6 -
Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, said Tuesday it earned revenues of $1.45 billion for fiscal year 2015, which ended July 31, 2015, a new record for the firm, representing a 6.9 percent increase over the previous fiscal year under a new CEO.
By Michael CohnOctober 6 -
One-quarter of corporate tax and transfer pricing directors believe their companies will fail to meet the first deadline proposed by the Organization for Economic Cooperation and Development in its Base Erosion and Profit Shifting Action Plan, according to a new survey.
By Michael CohnOctober 6 -
Attitudes toward work/life balance vary among accountants in different countries, according to a survey by the Institute of Management Accountants.
By Michael CohnOctober 2 -
The Internal Revenue Service said Friday it has met a key milestone relating to the Foreign Account Tax Compliance Act, or FATCA, having begun exchanging tax information with certain foreign governments in time to meet a Sept. 30, 2015 deadline.
By Michael CohnOctober 2 -
The International Federation of Accountants is asking for professional organizations of accountants to join it in helping foster similar organizations in developing countries.
By Michael CohnOctober 2 -
The Senate Finance Committee held a hearing on improper payments, including what role is played by tax preparers in claiming the Earned Income Tax Credit on behalf of clients.
By Michael CohnOctober 2 -
Amid a slowing global economy, the Bureau of Labor Statistics reported Friday that the U.S. added a lackluster 142,000 jobs in September, including 5,400 in accounting and bookkeeping services, leaving the unemployment rate unchanged at 5.1 percent.
By Michael CohnOctober 2 -
Grant Thornton has rolled out a new benefit enhancement that will allow the firms employees to take time off as needed to meet their individual needs instead of a predetermined set of paid time off days.
By Michael CohnOctober 1