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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Sales tax software provider Avalara has partnered with the publisher Wiley to offer a free ebook, Sales & Use Tax Compliance for Dummies.
By Michael CohnJuly 15 -
A new government report urges the Internal Revenue Service to do a better job of educating and notifying taxpayers about provisions of the tax code requiring them to begin taking minimum distributions from their Individual Retirement Arrangements when they reach a certain age, but the IRS responded that it lacks enough money in its budget to do so.
By Michael CohnJuly 15 -
Millennials are seeing gains in wage and employment growth, according to new data from payroll giant ADP that also found significant gains among older workers who delay retirement.
By Michael CohnJuly 15 -
More than 300,000 taxpayers overpaid the Individual Shared Responsibility Payment for health insurance on their tax returns processed through the end of April, according to a new report from the National Taxpayer Advocate.
By Michael CohnJuly 15 -
The U.S., Japan and Europe are being accused of blocking developing countries from participating in efforts to combat international tax evasion.
By Michael CohnJuly 15 -
Optimism about the nations economic outlook among U.S. business leaders rose in the second quarter of the year, according to the Grant Thornton International Business Report.
By Michael CohnJuly 14 -
The conservative advocacy group Judicial Watch released new Department of Justice and Internal Revenue Service documents last week indicating that the IRS gave the FBI 21 computer disks, containing 1.25 million pages of confidential tax returns from 113,000 nonprofit social welfare groups operating under Section 501(c)(4) of the Tax Code.
By Michael CohnJuly 14 -
The United Nations Development Program and the Organization for Economic Cooperation and Development have launched a new global initiative to help developing countries bolster their domestic revenues by strengthening their tax audit capacities.
By Michael CohnJuly 14 -
The Big Four firms collectively account for nearly two-thirds of the global risk consulting market and could expand that footprint if they acquire more cybersecurity firms, suggests a new report.
By Michael CohnJuly 14 -
Mitchell & Titus, the largest minority-owned accounting firm in the U.S., has decided to end its membership in the Ernst & Young Global network after more than eight years.
By Michael CohnJuly 14 -
The Securities and Exchange Commission announced a settlement Monday with a Brooklyn man who entered into a cooperation agreement to help the agency mount evidence in an insider trading scheme in which illegal tips were passed via napkins or Post-It notes at Grand Central Terminal that the tipster would then consume to destroy the evidence.
By Michael CohnJuly 13 -
KPMG has launched a new quarterly publication to provide chief tax officers, corporate leaders and board members with a view of how their peers are coping with major tax topics and the related challenges and opportunities.
By Michael CohnJuly 13 -
The International Federation of Accountants found wide support for its activities in the results of a strategy survey that polled member organizations on IFACs strategic plan for 20162018.
By Michael CohnJuly 13 -
The biggest challenge for accounting and finance professionals when working with coworkers in other departments is interacting with a variety of personalities, according to CFOs in a new poll.
By Michael CohnJuly 10 -
Deloitte & Touche chairman and CEO Joe Ucuzoglu, who leads Deloittes audit practice, is preparing the firm for the audit demands of the future, with the help of sophisticated technology.
By Michael CohnJuly 10 -
The American Institute of CPAs is asking Congress to pass legislation that would crack down on so-called patent trolls, companies that buy up old patents and threaten lawsuits unless they receive high licensing fees from firms and corporations.
By Michael CohnJuly 10 -
No doubt there are many fans of science fiction and fantasy among accountants, but whats surprising is how many accountant characters there are in the genre.
By Michael CohnJuly 9 -
The Financial Accounting Standards Board has voted to defer the effective date of the revenue recognition standard for one year.
By Michael CohnJuly 9 -
Senate Democrats have introduced legislation to make the Tax Code gender neutral in the wake of the Supreme Courts ruling last month extending same-sex marriages to every state.
By Michael CohnJuly 9 -
The Internal Revenue Service and the Treasury Department plan to amend the required minimum distribution regulations under Section 401(a)(9) of the tax code to address the use of lump sum payments to replace annuity payments being paid by a qualified defined benefit pension plan.
By Michael CohnJuly 9