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 said that the sequestration process could have an impact on the amount that certain small tax-exempt employers receive on the refundable portion of the Small Business Health Care Tax Credit.
By Michael CohnOctober 8 -
Rep. Sam Graves, R-Mo., who chairs the House Small Business Committee, has sent a letter to Internal Revenue Service commissioner John Koskinen asking the IRS to do more outreach and education to help small businesses deal with the new forms required for the Affordable Care Act.
By Michael CohnOctober 8 -
Payroll giant ADP has released a new report indicating that wage growth has been accelerating since the beginning of last year.
By Michael CohnOctober 8 -
Internal Revenue Service commissioner John Koskinen has written a letter to the leaders of Congresss main tax committees urging them to decide soon on what to do about extending dozens of expired tax provisions, or else next tax season and the processing of tax refunds could be delayed.
By Michael CohnOctober 7 -
PricewaterhouseCoopers reported Tuesday that its global revenues in the fiscal year ending June 30, 2014 increased 6 percent to $34 billion.
By Michael CohnOctober 7 -
A tax return preparer in East Orange, N.J., has pleaded guilty to willfully preparing false tax returns for clients.
By Michael CohnOctober 7 -
The staffing company Accounting Principals has released its 2015 salary guide for accounting and finance professionals.
By Michael CohnOctober 6 -
Approximately 9,000 current and former female employees of KPMG are receiving notices this week about the opportunity to join a class-action lawsuit against the firm involving the Equal Pay Act, claiming they were paid less than their male counterparts.
By Michael CohnOctober 6 -
The Internal Revenue Service failed to comply with Freedom of Information Act requirements for about 11 percent of the requests it received for information, according to a new report.
By Michael CohnOctober 6 -
A Rhode Island man has been sentenced to 12 months and one day in prison for threatening to assault and murder an Internal Revenue Service agent and his family.
By Michael CohnOctober 6 -
While there are many well-equipped organizations for accountants in the United States and Europe, much of the developing world is still missing robust groups that can foster development of ethical practices for accountants and look out for their interests.
By Michael CohnOctober 3 -
H&R Block is debuting a new program to encourage consumer savings at tax time, working with the Consumer Financial Protection Bureau, the U.S. government agency charged with making financial markets work for American consumers, to encourage consumers to use tax refunds to build savings.
By Michael CohnOctober 3 -
Ernst & Young plans to recruit approximately 6.500 experienced professionals in the U.S. in its 2015 fiscal year, which started on July 1, 2014, along with nearly 9,000 students, for a total of 15,500 anticipated recruits in the U.S.
By Michael CohnOctober 3 -
ADP has added new capabilities to help employers determine a potential job candidates eligibility for the Work Opportunity Tax Credit using a mobile device such as a smartphone or tablet.
By Michael CohnOctober 2 -
The American Institute of CPAs Employee Benefit Plans Expert Panel has developed some new practice aids to provide nonauthoritative guidance about the effects of recent accounting standards relating to the liquidation basis of accounting on employee benefit plans.
By Michael CohnOctober 2 -
Public companies paid on average $7.1 million in audit fees, according to a new survey, representing an increase of 4.5 percent over last years audit fees paid.
By Michael CohnOctober 2 -
A tax attorney is sounding a warning about some unfavorable estate tax consequences for surviving spouses in many states across the country from the use of so-called QTIP trusts.
By Michael CohnOctober 2 -
Average starting salaries for accounting and finance professionals in the United States are forecast to rise 3.5 percent next year, according to the staffing company Robert Half.
By Michael CohnOctober 2 -
The Internal Revenue Service has released proposed regulations to address the tax treatment of distributions from designated Roth IRA accounts under tax-favored retirement plans.
By Michael CohnOctober 2 -
The Internal Revenue Service has issued final regulations on the deductibility of expenses for lodging when an individual is not traveling away from home, permitting them in some cases for taxpayers who pay or incur local lodging expenses.
By Michael CohnOctober 2