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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A group calling itself the National Academy of Public Accounting Professionals is now accepting nominations for the 2015 "Top 10 Public Accounting Professionals" awards in each state.
By Michael CohnJanuary 13 -
WithumSmith+Brown can always be counted on to release a fun video every year to coincide with their annual State of the Firm celebration, and this year the firm pulled out all the stops.
By Michael CohnJanuary 13 -
The Internal Revenue Service has made some changes to its forms this tax season and introduced some new ones as a result of the Affordable Care Act.
By Michael CohnJanuary 13 -
A pair of Democratic lawmakers in the House and Senate have re-introduced legislation aimed at preventing the abuse of offshore tax havens by multinational companies.
By Michael CohnJanuary 13 -
The American Institute of CPAs has sent a letter recommending various tax reform priorities to the new chairman of the tax-writing House Ways and Means Committee, Rep. Paul Ryan, R-Wis.
By Michael CohnJanuary 13 -
Certify, a provider of travel and expense management software, has created an amusing infographic of some of the Top 10 Craziest Business Expenses that were reported last year.
By Michael CohnJanuary 12 -
The Internal Revenue Service has introduced an International Data Exchange Service that financial institutions and tax authorities in other countries will use to report tax information under the Foreign Account Tax Compliance Act, or FATCA.
By Michael CohnJanuary 12 -
Congressman Chris Van Hollen, D-Md., is introducing legislation to provide a Paycheck Bonus Tax Credit of $1,000 for every worker, which would be paid for with taxes on financial trading.
By Michael CohnJanuary 12 -
Former BDO Seidman chairman and CEO Denis M. Field has filed an appeal with the New York Superior Courts Appellate Division, asking the court to reverse a state Supreme Court ruling denying his petition to vacate an arbitration decision in favor of BDO Seidman on the grounds that the decision was based on fraud at the firm.
By Michael CohnJanuary 12 -
David J. Moynihan, a past president of the New York State Society of CPAs and audit partner at the Bonadio Groups Syracuse office, died early Friday morning after a nearly year-long battle with cancer.
By Michael CohnJanuary 12 -
Six former members of the University of South Dakota football team have pleaded guilty to participating in a tax refund fraud scheme.
By Michael CohnJanuary 12 -
In what may prove to be either a casting coup or a disaster in the making, Ben Affleck is set to star in an action thriller entitled The Accountant.
By Michael CohnJanuary 9 -
The House fell only a few votes short of rolling back a requirement for companies with annual revenue below $250 million from filing their financial statements with the Securities and Exchange Commission in the data-tagged Extensible Business Reporting Language format.
By Michael CohnJanuary 9 -
The Public Company Accounting Oversight Board has updated its standard-setting agenda after undergoing criticism that it is not moving faster on releasing new standards.
By Michael CohnJanuary 9 -
The U.S. Bureau of Labor Statistics reported Friday that total nonfarm payroll employment rose by 252,000 in December, and the unemployment rate declined two-tenths of a percentage point to 5.6 percent. While job gains occurred in professional and business services, along with other industries such as construction, food services and drinking places, health care, and manufacturing, December's job losses in accounting and bookkeeping offset the gains in November.
By Michael CohnJanuary 9 -
The U.S. ranked as the sixth most optimistic economy in the world among business leaders despite some recent declines, according to a new survey by Grant Thornton.
By Michael CohnJanuary 9 -
Two Democrats on the Senate Finance Committee have introduced legislation to regulate paid tax preparers in response to the federal court decision that found the Internal Revenue Service had exceeded its statutory authority in regulating preparers.
By Michael CohnJanuary 8 -
Accounting and finance professionals who switched jobs last year saw an average salary increase of 13.24 percent, according to a new survey.
By Michael CohnJanuary 8 -
The Internal Revenue Service has issued guidance on the mass transit tax break that was recently extended by Congress late last month when it passed long-overdue tax extenders legislation, along with a special administrative procedure to help employers cope with the last-minute retroactive extension.
By Michael CohnJanuary 8 -
Employment and pay at small businesses continued to grow in December, although the number of hours worked by small business employees declined slightly last month, according to QuickBooks maker Intuit.
By Michael CohnJanuary 8