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 music superstar and Kansas City Chiefs football player together would have a vast fortune and are likely to need expert tax and financial planning advice.
By Michael Cohn7h ago -
The AICPA Peer Review Board wants to update its requirements as more accounting firms get outside funding.
By Michael CohnSeptember 16 -
The Internal Revenue Service and the Treasury issued final regulations on the new Roth catch-up contribution rule from the SECURE 2.0 Act.
By Michael CohnSeptember 16 -
The Internal Revenue Service has posted a draft version of Schedule 1-A that will be used next tax season when claiming new tax breaks.
By Michael CohnSeptember 15 -
The Internal Revenue Service, the Treasury and other parts of the government plan to phase out the use of paper checks for payments by the end of this month.
By Michael CohnSeptember 12 -
The internal audit profession has been grappling with a greater array of responsibilities beyond checking up on corporate finances, including vetting companies' cybersecurity and use of artificial intelligence.
By Michael CohnSeptember 12 -
Bloomberg Tax & Accounting released its annual report projecting U.S. tax rate brackets, standard deduction and AMT exemption amounts for the year ahead.
By Michael CohnSeptember 11 -
The PCAOB staff continues to see deficiencies related to the review procedures required by Attestation Standard No. 2.
By Michael CohnSeptember 11 -
The White House is proposing to eliminate dozens of accounting requirements for federal contractors it considers "unnecessary and redundant."
By Michael CohnSeptember 11 -
Paul Atkins warned the SEC might eliminate a rule that allows multinational companies to avoid reconciling their IFRS financials with U.S. GAAP.
By Michael CohnSeptember 11