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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BDO USA said Friday it would add Stone Carlie & Company to its firm, expanding Chicago-based BDO into the St. Louis market and in the process becoming a firm with more than $1 billion in annual revenue after a string of recent mergers and acquisitions.
By Michael CohnMay 15 -
The Securities and Exchange Commission charged a CPA and his son in New York on Thursday, accusing them of conducting an insider trading scheme involving tips on nonpublic information that they sent in coded email messages disguised as discussions about golf.
By Michael CohnMay 14 -
Fans of the award-winning AMC cable TV series Mad Men are anxiously awaiting the series finale on Sunday, but many longtime viewers may not be aware that the show about Madison Avenue advertising agency executives was partly inspired by a movie about an accountant.
By Michael CohnMay 14 -
The head of a Senate investigative subcommittee said he plans to look into problems with the health insurance marketplaces set up for the Affordable Care Act that forced many taxpayers to owe some of the tax credit money they had received for buying health insurance.
By Michael CohnMay 14 -
The owner of a business that provided notary and tax preparation services in Camden, N.J., has pleaded guilty to filing false personal tax returns.
By Michael CohnMay 14 -
The Internal Revenue Service and the Justice Department have decided to dismiss a case against a North Carolina small business owner from whom they had seized $107,000 in a controversial practice known as civil asset forfeiture.
By Michael CohnMay 14 -
The Securities and Exchange Commission has appointed Wesley R. Bricker as deputy chief accountant overseeing the accounting group in the agencys Office of the Chief Accountant, replacing Dan Murdock, who is leaving the SEC for a job in the private sector.
By Michael CohnMay 14 -
The Internal Revenue Service estimates that 27 percent or $17.7 billion in Earned Income Tax Credit payments were issued improperly in fiscal year 2014, according to a new government report.
By Michael CohnMay 13 -
Nearly half of all states impose taxes on memberships in gyms, health clubs, athletic clubs and fitness clubs, while the rest either exempt memberships or dont have state sales taxes at all, according to new research.
By Michael CohnMay 13 -
The International Federation of Accountants has released guidance to help professional accountancy organizations with their advocacy and public policy efforts, along with a proposed compliance strategy for IFAC member bodies around the world.
By Michael CohnMay 13 -
Companies are expanding their hiring of tax professionals.
By Michael CohnMay 13 -
At a recent gathering of corporate tax professionals, many confessed to uneasiness about the damage to the reputations of their companies from media reports about their tax strategies.
By Michael CohnMay 12 -
The Financial Accounting Standards Board has released a proposed accounting standards update to clarify the guidance on performance obligations and licensing contained in the new revenue recognition standard.
By Michael CohnMay 12 -
Lawmakers in the House and Senate have re-introduced legislation to encourage the creation of employee stock ownership plans in S Corporations.
By Michael CohnMay 12 -
Greatland is adding year-end reporting for the Affordable Care Act to its W-2 and 1099 reporting software, Yearli.
By Michael CohnMay 12 -
The Private Company Council that the Financial Accounting Foundation created three years ago appears to be fulfilling its mission of providing relief for privately held companies from onerous accounting requirements, but some groups are worried that it will lose its powers and independence.
By Michael CohnMay 12 -
H&R Block is looking for accountants, bookkeepers and salespeople to join its recently launched Block Small Business service.
By Michael CohnMay 11 -
The Institute of Certified Public Accountants in Ireland, also known as CPA Ireland, has signed a memorandum of understanding with the Association of Certified Accountants and Auditors of Belarus, further extending the Institutes international network and influence in Europe.
By Michael CohnMay 11 -
The American Institute of CPAs has created a new membership section for practitioners and others who serve or work for the not-for-profit sector.
By Michael CohnMay 11 -
A site that is used to process tax forms for nonprofit organizations on behalf of the Internal Revenue Service recently suffered a data breach.
By Michael CohnMay 11