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 Internal Revenue Service improperly disclosed confidential taxpayer information on immigrants to the Department of Homeland Security.
February 11 -
Demetrios "Jim" Logothetis was sworn in as chair along with two new board members, Mark Calabria and Steven Laughton, just over a week after they were named.
February 10 -
The Senate blocked a resolution that would have disapproved of recent guidance from the Treasury Department weakening the corporate alternative minimum tax.
February 10 -
The Internal Revenue Service made only limited progress in scanning a tiny fraction of paper-filed returns last tax season, according to a new report.
February 10 -
The Internal Revenue Service has awarded a contract to PSI Services to develop and administer the examination for Enrolled Agents to earn their tax credential.
February 10 -
The Internal Revenue Service has now closed nearly all outstanding claims for the employee retention credit aside from 41,000 claims still under exam or appeal.
February 10 -
The Internal Revenue Service is adding capabilities to the online Tax Pro Account, allowing firms to specify which staff members are authorized with CAF access.
February 9 -
The U.S. Tax Court ruled that innovations in livestock production can qualify for the research and development tax credit, establishing new case law.
February 9 -
The tax-filing season for individuals just opened recently, but businesses already got a head start on various tax incentives in the One Big Beautiful Bill Act.
February 6 -
The agency incorrectly labeled some taxpayers as hostages when providing tax relief, or failed to remove a special indicator after their release from captivity.
February 5 -
The Auditing Standards Board will be proposing a set of updates to its attestation standards to address sustainability information and other assurance issues.
February 5 -
Senators Ron Wyden and Elizabeth Warren want to know if the DOJ plans to defend the IRS against Trump's $10 billion lawsuit over the leak of his tax returns.
February 4 -
The professional and business services sector, which includes accounting and tax, lost 57,000 jobs last month, the largest loss since August 2024, ADP reported.
February 4 -
Small business job growth and wage growth last month largely followed the same pattern as late last year, payroll company Paychex reported.
February 3 -
The Internal Revenue Service and the Treasury released proposed regulations on the clean fuel production credit under the One Big Beautiful Bill Act.
February 3 -
The Internal Revenue Service posted a contingency plan Friday indicating that it would be able to operate until Feb. 7, 2026, while keeping all 74,942 employees working.
February 2 -
The American Institute of CPAs introduced a new program to identify and develop the skills needed by early-career CPAs to succeed in an AI-driven market.
February 2 -
The SEC named Demetrios "Jim" Logothetis as chairman of the PCAOB, and Mark Calabria, Kyle Hauptman and Steven Laughton as board members.
January 30 -
The Financial Accounting Standards Board has voted to add a project to its technical agenda on market-return cash balance plans.
January 30 -
Lawmakers are demanding answers about the sharing of taxpayer information with the Department of Homeland Security and Immigration and Customs Enforcement.
January 30
