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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Gary Shapley, who was named only days ago as acting commissioner, was removed by President Trump and replaced by Deputy Treasury Secretary Michael Faulkender.
April 18 -
The Treasury and IRS plan to withdraw regulations that labeled basis-shifting transactions among partnerships and related parties as "transactions of interest."
April 17 -
States including Florida, New Hampshire, Texas and South Carolina are the main ones attracting clients due to their tax-friendly policies.
April 17 -
The Trump administration is reportedly making plans to shut down the Internal Revenue Service's free tax prep system next year.
April 16 -
The Financial Accounting Foundation released its annual report, offering an overview of its activities in 2024, and at the two standard-setters it oversees.
April 16 -
The number of accounting-related securities class-action filings increased slightly in 2024, but were filed against smaller companies, according to a new report.
April 16 -
The former special agent in the Criminal Investigation division who probed Hunter Biden's taxes is expected to head the IRS.
April 16 -
The federal government's financial condition worsened by $4.7 trillion in the past year, according to a new report.
April 15 -
The bill, backed by the AICPA, would enable K-12 STEM funding to be used for accounting awareness and education and eventually help with the talent shortage.
April 15 -
The Internal Revenue Service commemorated the 70th anniversary of the April 15 tax filing deadline.
April 15
