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 Financial Accounting Standards Board has voted to add a project to its technical agenda on market-return cash balance plans.
January 30 -
Lawmakers are demanding answers about the sharing of taxpayer information with the Department of Homeland Security and Immigration and Customs Enforcement.
January 30 -
The White House Council of Economic Advisers released a research study analyzing the economic impact of state income tax elimination.
January 29 -
The American Institute of CPAs is asking for a contingency plan that keeps 100% of IRS employees on the job in case of a shutdown during tax season.
January 29 -
The International Public Sector Accounting Standards Board released a standard to help entities consistently report climate-related risks and opportunities.
January 29 -
Sorren, a rapidly growing firm based in Meridian, Idaho, has added Hess & Rohmer in Gainesville, Texas, bolstering its presence in the Lone Star State.
January 28 -
National Taxpayer Advocate Erin Collins warned in her annual report to Congress that this tax season is likely to bring bigger challenges for taxpayers who encounter problems with the Internal Revenue Service.
January 28 -
The Internal Revenue Service posted a fact sheet about its move away from paper checks to electronic payments for taxes and tax refunds.
January 27 -
AAFCPAs, a Top 100 Firm based in Westborough, Massachusetts, has acquired McLaren & Associates CPAs, a firm specializing in forensic accounting.
January 27 -
A group of Senate Democrats and the Treasury Inspector General for Tax Administration are raising questions about the impact of IRS funding cuts.
January 27 -
The IRS issued a notice extending the deadline for making certain amendments to IRAs, SEP arrangements and SIMPLE IRA plans until Dec. 31, 2027.
January 26 -
The IRS offered relief from failure-to-pay penalties to nearly 5 million taxpayers during the pandemic, but 3.6 million have since taken steps to pay tax debts.
January 26 -
The Internal Revenue Service officially opened tax-filing season amid changes from the One Big Beautiful Bill Act and the threat of another government shutdown.
January 26 -
The Internal Revenue Service and the Treasury released a set of questions and answers on the new deduction for overtime pay under the One Big Beautiful Bill Act.
January 23 -
The Tennessee Society of CPAs organized an annual visit to the state capital in Nashville to visit legislators and call on them to make changes in state laws.
January 22 -
The Top 75 Firm has added an audit and accounting firm in New York, the latest deal after receiving private equity funding.
January 22 -
The National Association of Tax Professionals unveiled two new credentials focusing on representation, due diligence and ethical practice.
January 22 -
The Securities and Exchange Commission approved a decreased budget for the Public Company Accounting Oversight Board, plus a lower accounting support fee and salaries.
January 22 -
The Top 100 Firm, based in North Dakota, is expanding its financial institutions services by adding a firm headquartered in Nebraska.
January 22 -
AICPA president and CEO Mark Koziel told accountants about challenges to the credential from the federal government, states, companies and even accounting firms.
January 21
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