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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Tax clients are already starting to ask their accountants about the many changes in the massive One Big Beautiful Bill Act passed by Congress last week.
July 10 -
The International Ethics Standards Board for Accountants and the International Auditing and Assurance Standards Board set up technical groups for their standards.
July 10 -
Auditors with uncommon first names tended to take a divergent approach to the rules, reducing earnings comparability, according to a new study.
July 10 -
Meaden & Moore acquires ChainRing Advisors; Platform Accounting expands in Chicago.
July 9 -
The Internal Revenue Service has given churches and other houses of worship the green light to endorse political candidates.
July 8 -
The International Auditing and Assurance Standards Board has revised its standard on the auditor's responsibilities relating to fraud.
July 8 -
The number of CFOs who say now is a good time to take greater risks plummeted to 33% in the second quarter, down from 60% in Q1, according to a Deloitte survey.
July 8 -
The Top 25 Firm based in New York is expanding to Richmond, Virginia, by combining with a firm with specialized tax services.
July 8 -
The Internal Revenue Service has declared 83 pieces of old guidance in the Internal Revenue Bulletin to be obsolete in accordance with Trump executive orders.
July 7 -
The IRS's Criminal Investigation division needs to do a better job of keeping track of the billions of dollars in cryptocurrency, says TIGTA.
July 7 -
The American Institute of CPAs hopes to smooth the Trump administration's move away from paper tax refunds at the Internal Revenue Service.
July 7 -
House Republicans passed the wide-ranging Trump tax legislation dubbed the One Big Beautiful Bill Act, overcoming resistance from a group of GOP holdouts and united opposition from Democrats.
July 3 -
The American Institute of CPAs' Auditing Standards Board is looking for feedback on a proposed standard updating auditors' responsibilities related to fraud.
July 3 -
The jobs report beat expectations, while the unemployment rate dipped one-tenth of a percentage point to 4.1%.
July 3 -
Bassim Michael has created Practice Gauge, a cloud-based analytics platform for his fellow accountants to use with their dentistry and veterinary clients.
July 2 -
Private sector employers cut 33,000 jobs in June, the first decline in over two years, while annual pay grew 4.4% year-over-year, payroll giant ADP reported.
July 2 -
LMC merges in Stephen A. Kepniss & Associates; Sorren adds Williams Overman Pierce; and Alpine Mar acquires Elliot Melamed.
July 1 -
The first global Ethics Standards on Tax Planning are effective.
July 1 -
Job and wage growth at small businesses remained stable in June, despite some moderation, payroll company Paychex reported.
July 1 -
The Senate narrowly approved President Trump's tax bill after Vice President JD Vance cast a tie-breaking vote following no votes from three Republican senators.
July 1
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