Michael Cohn

Editor-in-chief, AccountingToday.com

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.

Tax planning

Marcum releases 2019 year-end tax guide

The guide provide advice for taxpayers on how to comply with the Tax Cuts and Jobs Act and other tax changes.

By Michael Cohn

November 7
Tax breaks

Democrats probe opportunity zone abuses with investigation, GAO report and legislation

Sen. Ron Wyden, D-Ore., the top Democrat on the Senate Finance Committee, teamed up with several of his fellow Democrats on new legislation and investigations of reported abuses of the opportunity zone tax break for real estate investors.

By Michael Cohn

November 6
Certified Management Accountants

IMA aims to improve managerial costing systems

The Institute of Management Accountants has released a new report explaining how accountants can improve their organization’s costing models, tools and information to support better decision making.

By Michael Cohn

November 6
Audits

Audit committees need more transparency: report

Despite new CAMs requirements, disclosures are still needed about how audit committees are interacting with their auditing firms, according to the CAQ and Audit Analytics.

By Michael Cohn

November 6
Tax rates

IRS increases tax deductions for 2020

The Internal Revenue Service issued its annual inflation adjustments for dozens of tax items and tax schedules.

By Michael Cohn

November 6
401(k)

IRS increases 401(k) contribution limits for 2020

The Internal Revenue Service issued its annual inflation adjustments for retirement plans.

By Michael Cohn

November 6
International accounting

Accounting firms surpass $2B in consulting revenue in China

The consulting practices of accounting firms saw their revenues increase 15.9 percent in 2018 to surpass $2 billion for the first time ever, reaching $2.1 billion, according to a new report.

By Michael Cohn

November 5
M&A

M&A roundup: Prager Metis CPAs combines with M Moskowitz; HBK IT acquires Unicom Solutions

A pair of mergers in New Jersey involving Top 100 Firms were announced Tuesday.

By Michael Cohn

November 5
Accounting firm networks

Accounting networks MGI Worldwide and CPA Associates International to merge

The deal will encompass more than 250 accounting, tax, and advisory member firms in nearly 100 countries.

By Michael Cohn

November 5
Grant Thornton

Grant Thornton taps Bradley Preber as new CEO

Preber succeeded Mike McGuire, who stepped aside in June and took the title of “CEO emeritus.”

By Michael Cohn

November 5