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.
-
Paul English plans to further extend the accounting and advisory firm network to more countries.
June 20 -
The Public Company Accounting Oversight Board levied sanctions against firms in the U.S., Canada and the United Arab Emirates for violating various rules and standards.
June 18 -
The Internal Revenue Service is easing the rules for claiming a tax refund tied to a claim for the research and development tax credit.
June 18 -
The Treasury Department and the Internal Revenue Service released prevailing wage and registered apprenticeship requirements for clean energy projects and jobs to qualify for tax credits under the Inflation Reduction Act.
June 18 -
The Internal Revenue Service and the Treasury Department issued guidance answering questions related to educational assistance programs.
June 17 -
Clark Schaefer Hackett is adding Rolfes & Swisher; and RKL Virtual Management Solutions is merging in Kauffman CPA.
June 17 -
The Internal Revenue Service is setting up a new unit to target the use of basis shifting between related parties as a way for partnerships to avoid paying taxes.
June 17 -
The Institute of Management Accountants held its annual conference this week in San Antonio, Texas, where it discussed ways to attract more people to join the profession.
June 14 -
CFOs remain divided on the prospects for the economy and continue to see risks from inflation, cybersecurity, generative AI and talent shortages, according to a new survey from Deloitte.
June 14 -
Ernst & Young's U.S. firm intends to invest $1 billion over the next three years in talent and technology to improve the attractiveness of the accounting profession.
June 12 -
A variety of business groups have been filing lawsuits to stop the Department of Labor's overtime rule, which is set to go into effect on July 1.
June 11 -
The Securities and Exchange Commission has reappointed Erica Williams to another term as chairperson of the Public Company Accounting Oversight Board.
June 11 -
The Internal Revenue Service has been making efforts to reduce the overall amount of space it rents, but it nevertheless has lots of unnecessary space that it's paying hundreds of millions of dollars for every year.
June 11 -
The Public Company Accounting Oversight Board levied sanctions and $150,000 in penalties against L&L CPAs and three of its auditors.
June 10 -
CLA Global Limited has appointed Paul English as CEO, replacing Sancho Simmonds and Joseph Kask.
June 10 -
Strategic tax leaders worry the election will lead to changes to Inflation Reduction Act renewable energy credits, while tax tacticians worry about changes to federal corporate tax rates.
June 10 -
While the Internal Revenue Service has managed to reduce its backlog of unprocessed tax returns since the pandemic, one area where it's losing ground is in processing all the documentation for tax adjustments.
June 7 -
The amount of time that identity theft victims have to wait for tax refunds has increased as the Internal Revenue Service has shifted priorities, with some waiting nearly two years.
June 7 -
The jobs report blew past expectations, although the unemployment rate ticked up to 4%.
June 7 -
Officials discussed some of the latest accounting standards and advice for auditing firms during a USC and FEI conference.
June 6
