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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H&R Block president and CEO Bill Cobb is expecting problems next tax season due to the Affordable Care Act, now that the Internal Revenue Service has released some of the draft forms that will be needed, and pointed out that many taxpayers will no longer be able to file a simple Form 1040EZ.
By Michael CohnSeptember 5 -
A tax preparer who specializes in helping immigrants has pleaded guilty to willfully preparing false tax returns for clients.
By Michael CohnSeptember 4 -
An Internal Revenue Service employee who prepared tax returns on the side has been arrested on wire fraud charges in Florida.
By Michael CohnSeptember 4 -
Holders of the Certified Management Accountant certification enjoy greater earning power, according to a new salary survey by the issuer of the CMA credential.
By Michael CohnSeptember 4 -
The Internal Revenue Service intends to process complaints against tax preparers from their clients in a more timely way, in response to a new government report that found it had begun work on only about half the complaints it received since October 2012.
By Michael CohnSeptember 4 -
A San Francisco tax firm founded by a group of former Arthur Andersen partners has taken the questionable step this week of renaming its firm from WTAS to Andersen Tax.
By Michael CohnSeptember 4 -
Private sector employers added 204,000 jobs in August, including 78,000 jobs at small businesses, according to payroll giant ADP, in a further indication of a strengthening economy.
By Michael CohnSeptember 4 -
CPAs who are also business executives are becoming more optimistic about their hiring plans, according to a new survey by the American Institute of CPAs.
By Michael CohnSeptember 4 -
A trade group representing credit unions is expressing concerns over upcoming standards from the Financial Accounting Standards Board on credit losses.
By Michael CohnSeptember 3 -
The research and advisory firm Celent has released a new report cautioning wealth management professionals to be careful about using personal information, recent location and analytical data in their communications with clients that could strike them as creepy.
By Michael CohnSeptember 3 -
Comedian and actor Chris Tucker has reportedly settled a tax lien with the Internal Revenue Service, with his representative blaming poor accounting and business management.
By Michael CohnSeptember 3 -
The Internal Revenue Service and the Treasury Department have released their Priority Guidance Plan for 2014 to 2015, including the treatment of employer-provided meals.
By Michael CohnSeptember 3 -
Marcum LLP has embarked on a joint venture with motivational speaker Tony Robbins to offer CFO-like services to small and midsize businesses.
By Michael CohnSeptember 2 -
While the effort to pass federal legislation governing sales and use taxes on online purchases appears to have stalled, some states have begun their own initiatives to require online merchants to collect and remit taxes from e-commerce customers across state lines.
By Michael CohnSeptember 2 -
The Internal Revenue Service has released the summer 2014 edition of its quarterly Statistics of Income Bulletin, providing data on foreign controlled domestic corporations and municipal bonds from tax year 2011.
By Michael CohnSeptember 2 -
Paychex reported Monday that the pace of small business hiring slowed down somewhat in August, continuing a trend in recent months.
By Michael CohnSeptember 2 -
The American Institute of CPAs is asking for feedback as it plans the next version of the Uniform CPA Examination to respond to changing needs in the CPA profession.
By Michael CohnSeptember 2 -
Arthur Andersen, the former Big Five firm that collapsed over a decade ago in the wake of the Enron and WorldCom scandals, has been revived by a group of former Andersen partners who have changed the name of their firm from WTAS to Andersen Tax.
By Michael CohnSeptember 2 -
The Internal Revenue Service has issued a notice warning businesses not to get caught in backup withholding if the name and taxpayer identification number submitted on a Form 1099-K doesnt match the IRSs other records.
By Michael CohnAugust 29 -
The Internal Revenue Service has released a set of long-delayed draft instructions for the forms that companies need to file to comply with the employer mandate in the Affordable Care Act.
By Michael CohnAugust 29