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 U.S. Office of Special Counsel has recently investigated several cases in which Internal Revenue Service employees allegedly engaged in partisan political activity in the workplace, advocating in support of President Obama.
By Michael CohnApril 11 -
The Financial Accounting Standards Board has issued new guidance on representing when a company or organization discontinues its operations.
By Michael CohnApril 10 -
The Internal Revenue Service did not pursue up to $53 million in potentially improper claims for the Qualified Retirement Savings Contributions Credit, according to a new government report.
By Michael CohnApril 9 -
A new Web site provides a state-by-state guide to tax laws and regulations for LGBT couples.
By Michael CohnApril 9 -
Thomson Reuters has published a special report on the 3.8 percent net investment income tax that was included as part of the Affordable Care Act, which tax preparers will be calculating for the first time on their clients 2013 returns.
By Michael CohnApril 9 -
The Internal Revenue Service issued a notice Tuesday saying that Bitcoin and other virtual currencies should be treated as property for federal tax purposes and the general rules for property transactions should apply.
By Michael CohnMarch 25 -
Its no secret that the legal profession has been facing a host of challenges in recent years, including layoffs and consolidation at many large firms and a steep decline in enrollment at many law schools as students who graduate are confronted with astronomical debts from their student loans and grim job prospects.
By Michael CohnNovember 26 -
A new program allowing Swiss banks to cooperate with U.S. tax authorities means that the days of U.S. citizens successfully keeping their numbered Swiss bank accounts hidden from the prying eyes of the IRS could be coming to an end.
By Michael CohnSeptember 10 -
The Public Company Accounting Oversight Boards recent proposal to overhaul the format of the auditors reporting model could lead to unexpected legal repercussions for auditors.
By Michael CohnAugust 28 -
The Public Company Accounting Oversight Board unveiled far-reaching proposals this week for enhancing the auditors reporting model in what could be the biggest transformation of the audit report in over 70 years.
By Michael CohnAugust 16 -
The deadline is coming up this week for lawmakers in Congress to submit their preferences for the must have tax breaks that need to be kept in the Tax Code under Senate Finance Committee leaders blank slate approach to tax reform.
By Michael CohnJuly 25 -
The watchdog group Citizens for Ethics and Responsibility in Washington had a big surprise during a conference call with reporters Tuesday to announce the latest complaint CREW had filed with the Internal Revenue Service: the subject of the complaint joined the call and defended himself.
By Michael CohnJuly 9 -
Actor Stacy Keach, who narrates the CNBC TV series American Greed, praised the efforts of the fraud examiners whose efforts put behind bars many of the perpetrators whose crimes are chronicled on his show.
By Michael CohnJune 26 -
The Internal Revenue Services string of video parodies unfortunately may be nearing an end, now that outraged lawmakers in Congress have put a series of IRS commissioners, acting commissioners, deputy commissioners and ex-commissioners on the hot seat.
By Michael CohnJune 19 -
The Securities and Exchange Commission is reportedly preparing to turn its attention to accounting fraud cases after being diverted in recent years to Ponzi schemes and subprime mortgage fraud in the wake of the financial crisis.
By Michael CohnMay 30 -
A group of CPAs headed to Capitol Hill yesterday in what has become an annual ritual as they pressed lawmakers to deal with the many issues that accountants and their clients are forced to wrestle with on a daily basis, including taxes and regulations.
By Michael CohnMay 22 -
The Marketplace Fairness Act, which the Senate passed last week, would require e-commerce vendors to collect sales taxes not only on physical items, but also on digital goods such as ebooks and music downloads.
By Michael CohnMay 14 -
Recent research into William Shakespeare by literary scholars indicates that he may have been a great dramatist, but he was truly the Bad Bard when it came to paying his taxes.
By Michael CohnApril 24 -
The promise of integrated reporting that combines financial reporting with a host of other factors, including sustainability, governance and community involvement, finally appears to be on the horizon.
By Michael CohnApril 17 -
The European Union has been considering an overhaul of the audit profession that could have a far-reaching impact on the Big Four.
By Michael CohnApril 10