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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Oscars host Neil Patrick Harris made a star out of Brian Cullinan, chairman of PricewaterhouseCoopers U.S. board, during the Academy Awards on Sunday night.
By Michael CohnFebruary 23 -
An increasing number of Americans over the past year reported some improvement on saving for the future, according to a new survey.
By Michael CohnFebruary 23 -
The Internal Revenue Service is giving employers extra time beyond the 28-day deadline for submitting a form to claim the Work Opportunity Tax Credit after the WOTC was extended late last year by Congress.
By Michael CohnFebruary 23 -
The Governmental Accounting Standards Board reminded its stakeholders Friday that the deadline is coming up on March 6 for comments on its proposed changes in standards for fiduciary responsibilities and lease accounting.
By Michael CohnFebruary 20 -
A new report from the National Academy of Sciences explains how the U.S. is falling behind other nations, including Spain, the United Kingdom, Canada and the European Union, in combating illicit tobacco sales and tobacco tax abuse.
By Michael CohnFebruary 20 -
Approximately 800,000 taxpayers who received health care coverage through the federal insurance marketplace Healthcare.gov were sent the wrong information on their Form 1095-A and are being urged to wait to file their taxes until the first week of March when they receive the correct information from the federal government.
By Michael CohnFebruary 20 -
Approximately one-third (32 percent) of CFOs in a recent survey believe they would be more productive if their employees had greater autonomy at work.
By Michael CohnFebruary 19 -
The Internal Revenue Service recently created a group whose goal is to centralize several prior ad hoc efforts to authenticate taxpayers across its systems in an effort to combat identity theft-related tax fraud, but the IRS lacks a good estimate of the costs, benefits and risks, according to a new government report.
By Michael CohnFebruary 19 -
New York Governor Andrew Cuomo said the state is expanding its network of free tax assistance sites, opening 80 new sites across the Empire State and offering 942 free sessions to New Yorkers, while also dedicating more money toward combating tax fraud.
By Michael CohnFebruary 19 -
H&R Block is warning that taxpayers in 12 states will be unable to use certain federal tax breaks on their state tax returns because of Congresss late passage of tax extenders legislation, leading to lower state tax refunds.
By Michael CohnFebruary 19 -
A CPA has released what he is calling a survival kit for the Internal Revenue Services recently revised repair regulations for tangible property.
By Michael CohnFebruary 18 -
The Internal Revenue Service warned tax preparers and other tax professionals to be on guard against bogus emails seeking updated personal or professional information that in reality are phishing schemes.
By Michael CohnFebruary 18 -
The Treasury Department said Wednesday that it would delay enforcement of an Affordable Care Act prohibition relating to standalone health reimbursement arrangements until July 1.
By Michael CohnFebruary 18 -
A group of plaintiffs are suing the Treasury Department, the Social Security Administration, and the District of Columbia, claiming the federal government is continuing to hold onto their tax refunds to pay for supposed overpayments of Social Security benefits decades ago.
By Michael CohnFebruary 18 -
Wages grew slightly in the fourth quarter, particularly for people who switched jobs, according to a new report from payroll giant ADP.
By Michael CohnFebruary 18 -
The Financial Accounting Standards Board has issued an accounting standards update to improve specific areas of consolidation guidance for legal entities such as limited partnerships, limited liability corporations and securitization structures.
By Michael CohnFebruary 18 -
The Internal Revenue Service said Wednesday it would begin a limited test at 10 of its Taxpayer Assistance Centers to determine whether an appointment-based service approach at its walk-in centers might help reduce taxpayer wait times during a time of severe budget cuts at the agency.
By Michael CohnFebruary 18 -
The Rhode Island Society of CPAs is trying to re-imagine the traditional financial statement.
By Michael CohnFebruary 17 -
The Private Company Council, a sister organization of the Financial Accounting Standards Board that represents the interests of privately held companies, has expressed major concerns about FASBs project on the balance sheet classification of debt.
By Michael CohnFebruary 17 -
Deloitte Touche Tohmatsu Ltd. has appointed Punit Renjen as global CEO of the Big Four international accounting firm network.
By Michael CohnFebruary 17