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 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 -
A new podcast series aims to help small accounting firms grow.
By Michael CohnOctober 1 -
The Certified General Accountants Association of Canada (CGA-Canada) has joined CPA Canada, completing the long and sometimes fractious process of integrating the country's national accounting bodies.
By Michael CohnOctober 1 -
Employment at small businesses with fewer than 20 employees increased 0.04 percent in September, as small businesses added 10,000 new jobs, according to figures from Intuit.
By Michael CohnOctober 1 -
The Internal Revenue Service has strengthened the security of its e-Services registration process for tax professionals and taxpayers as identity theft and data breaches have become a greater concern.
By Michael CohnOctober 1 -
Private sector employment increased by 213,000 jobs from August to September, according to payroll giant ADP, as the job market continued to show consistent gains.
By Michael CohnOctober 1 -
While coping with a series of budget cuts and employee reductions in recent years, the Internal Revenue Service managed to increase the total dollars it received and collected for the third consecutive year, according to a new government report.
By Michael CohnOctober 1 -
The CPA Consultants' Alliance has launched a new survey to collect information on succession planning in order to determine how partners in CPA firms view their firms ability to address the succession of their partners as they approach retirement.
By Michael CohnSeptember 30 -
The Internal Revenue Service is providing more time to farmers and ranchers in 30 drought-stricken states to defer taxes on any gains from forced sales of livestock.
By Michael CohnSeptember 30 -
The Securities and Exchange Commission has issued an order instituting proceedings against Mayer Hoffman McCann, an auditing firm associated with CBIZ, after it found that one of MHMs audit and attest clients, Tradebot Systems, a high-frequency trading broker-dealer, had traded CBIZ stock.
By Michael CohnSeptember 30 -
Nine out of 10 U.S.-based internal auditors received pay raises in 2014, according to a new study.
By Michael CohnSeptember 30 -
The Internal Revenue Services collection efforts need to be improved to make sure that delinquent taxpayers residing in foreign countries comply with their U.S. tax obligations, according to a new government report.
By Michael CohnSeptember 30 -
The American Institute of CPAs has released a technical practice aid about what auditors should do about asking for a written management representation regarding prior periods that were audited by a previous auditing firm.
By Michael CohnSeptember 29 -
Over 40 percent of all audits inspected by the Public Accounting Oversight Board in 2012 had deficiencies, and the number of fair value measurement audit deficiencies made up approximately one-fourth of all audit deficiencies, according to a new report.
By Michael CohnSeptember 29 -
Payroll giant ADP is planning to issue a new quarterly report examining different trends in the U.S. workforce.
By Michael CohnSeptember 29