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 number of private tax-advantaged foundations and the amount of assets contained in them has reached nearly $2 trillion, even as the administration considers imposing new taxes.
June 11 -
Some state lawmakers are introducing tax legislation targeting the growing use of artificial intelligence, according to a new report.
June 11 -
The Regional Leader based in Wayne, Pennsylvania, received a strategic growth investment from Madison Dearborn Partners and co-investor Norlantic Capital.
June 10 -
The Financial Accounting Standards Board issued a proposed accounting standards update to enhance the guidance for some market-return cash balance plans.
June 10 -
The finance and accounting sector has the largest freelancer gender pay gap of any major work category, according to a new global study.
June 9 -
Members of the tax-writing House Ways and Means Committee are holding a hearing on a legislative package that would overhaul the taxation of digital assets.
June 9 -
Demetrios Logothetis outlined his plans for revamping the PCAOB's audit firm inspection program and its new quality control standard.
June 9 -
The Treasury Inspector General for Tax Administration report highlighted a practice that contributed to the departures of high-ranking IRS officials.
June 8 -
The Internal Revenue Service released its 2025 Data Book outlining activities during fiscal year 2025, as it continued to carry out functions despite cutbacks.
June 8 -
The Internal Revenue Service is restructuring the framework of its Security Summit public-private partnership to fend off tax-related identity theft.
June 8 -
The new office will oversee the Return Preparer Office and the Office of Professional Responsibility, starting June 28.
June 8 -
Proposed regulations would limit the ability of tax-exempt organizations to pay high compensation and parachute payments to top executives.
June 8 -
Employers added 172,00 jobs overall last month, but there were losses in some sectors, including accounting, tax, bookkeeping and payroll services.
June 5 -
The average number of open accounting and finance roles per company has skyrocketed to 17, up from five in 2025 and just two in 2024, according to a new report.
June 3 -
Employment in the private sector grew by 122,000 jobs last month, payroll giant ADP reported Wednesday, in a positive sign for the economy despite rising inflation and fears of AI displacing entry-level positions.
June 3 -
The Taskforce on Nature-related Financial Disclosures and Accounting for Sustainability partnered on a new guide to nature-related impacts for finance chiefs.
June 2 -
New guidance provides transition relief, grandfathering protection and delayed implementation for taxing income of foreign governments investing in U.S. businesses.
June 2 -
The procedures need fixing after the IRS approved potentially ineligible tax professionals, including some with a criminal history or uncertain citizenship.
June 1 -
The IRS is continuing to challenge and audit claims for the Employee Retention Credit, extending the yearslong backlogs on processing the often dubious claims.
June 1 -
Anthony Sciarra, a tax leader at PricewaterhouseCoopers, is joining Armanino's tax practice as the San Ramon, California-based firm continues to grow.
June 1
