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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Sixty-two percent of finance and accounting workers said they are confident about their ability to find a new job, while 78 percent believe it is unlikely they will lose their jobs over the next 12 months, according to a new survey.
By Michael CohnAugust 26 -
Mark Citrin, the son of Citrin Cooperman co-founder Niles Citrin, reportedly slashed his father before leaping to his death from a Manhattan skyscraper in a tragic incident Wednesday.
By Michael CohnAugust 26 -
The Internal Revenue Service published statistics and reports Wednesday analyzing trends in 2012 and 2013 tax returns.
By Michael CohnAugust 26 -
The American Institute of CPAs has released new guidance in Q&A format on required supplementary information for audited financial statements.
By Michael CohnAugust 26 -
The budget deficit this year is estimated to be $426 billion, $60 billion less than projected in March, according to new estimates from the Congressional Budget Office, thanks to stronger tax revenues.
By Michael CohnAugust 26 -
Twenty-six percent of employers offering health benefits could be subject to the Affordable Care Acts tax on high-cost health plans, also known as the Cadillac plan tax, in 2018 unless they make changes to their plans, according to a new analysis.
By Michael CohnAugust 26 -
The owner of Mystic Pizza, the Connecticut pizzeria made famous by the 1988 Julia Roberts movie of the same name, has been sentenced to over a year in prison on charges of tax evasion and structuring cash transactions.
By Michael CohnAugust 26 -
The Georgia Society of CPAs recently met with officials from the Georgia Department of Revenue at the GSCPAs Learning Center to discuss several issues affecting tax practitioners and their clients.
By Michael CohnAugust 25 -
The Internal Revenue Service is sending letters to taxpayers who received advance payments of the premium tax credit in 2014, but who have not yet filed their tax returns.
By Michael CohnAugust 25 -
The Center for Audit Quality and the Auditing Section of the American Accounting Association are looking for academics who want access to audit firm personnel for their research projects.
By Michael CohnAugust 25 -
Congressional stalling on tax reform, currency fluctuations and mixed signals from the Federal Reserve on an interest-rate hike are making strategic planning difficult for CFOs, according to a new survey by Grant Thornton.
By Michael CohnAugust 25 -
A group of law firms has filed a class-action lawsuit against the Internal Revenue Service on behalf of an estimated 330,000 taxpayers who were affected by a data breach in the IRSs online Get Transcript application.
By Michael CohnAugust 25 -
The Governmental Accounting Standards Board said the deadline is approaching for comments on two of its proposed changes in standards for external investment pools and irrevocable split-interest agreements.
By Michael CohnAugust 25 -
CliftonLarsonAllen is merging in the information security consulting firm TrustCC, effective Sept. 1.
By Michael CohnAugust 24 -
The Financial Accounting Standards Board plans to host roundtable meetings to discuss its recent proposed changes in accounting for not-for-profit organizations and health care entities.
By Michael CohnAugust 24 -
The Internal Revenue Service has filed tax liens totaling more than $4.5 million against the rapper T.I., whose real name is Clifford Harris, and his wife Tiny, singer-songwriter Tameka Cottle.
By Michael CohnAugust 24 -
Nearly half of accounting and finance professionals in a recent survey said they typically spend their lunch breaks eating alone, even though almost as many said they would rather have a coworker join them for lunch.
By Michael CohnAugust 24 -
Leaders of the Senate Finance Committee sent a letter Monday to four federal service centers asking for clarification on reporting practices for federal employees wage and tax statements to the Social Security Administration and state tax agencies in order to safeguard against tax-related identity theft.
By Michael CohnAugust 24 -
The Internal Revenue Services computer systems are failing to send some taxpayers notices of additional tax levies, according to a new report.
By Michael CohnAugust 24 -
The Internal Revenue Services Office of Appeals has the authority to abate certain taxpayer penalties when the abatement has been denied by other IRS offices, but a new report questions whether the office is providing enough justification for its decisions.
By Michael CohnAugust 24