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 service-providing sector added 110,000 jobs for the month, including 5,000 in professional and business services such as accounting and tax preparation.
March 6 -
The Public Company Accounting Oversight Board revoked the registration of Gries & Associates and its founder, while imposing a $65,000 fine for violations that led to multiple financial restatements.
March 5 -
Year-over-year hourly earnings growth for U.S. workers moderated slightly in February, continuing a trend that began mid-2022, while small business job growth held steady.
March 5 -
Investors have filed a lawsuit against an accounting firm alleging it helped a client maintain a Ponzi scheme involving cash advances that led to the loss of millions of dollars.
March 4 -
Jackson Thornton acquired MST CPAs & Advisors; and HHM CPAs merged in Bizzell, Neff & Galloway.
March 4 -
The IRS is planning to offer its free tax prep system around the clock next week and open it to a larger group of outside testers.
March 1 -
The Securities and Exchange Commission has scheduled a meeting on its long-awaited climate disclosure rule.
March 1 -
The Financial Accounting Foundation is reviewing the effectiveness of the Private Company Council, the group that advises the Financial Accounting Standards Board about the perspective of privately held companies.
February 29 -
The Internal Revenue Service has begun sending notices to high-income taxpayers who haven't been filing tax returns since 2017.
February 29 -
The ability to write off research and development expenses in the first year would be revived if the Senate ever manages to pass the Tax Relief for American Families and Workers Act.
February 28 -
Ernst & Young issued a major mea culpa following a failed split of the firm.
February 28 -
The 83 publicly disclosed accounting and auditing enforcement actions in FY 2023 represented the highest number of actions initiated since FY 2019.
February 28 -
The Internal Revenue Service is reopening access Tuesday to its Direct File free online tax prep system after temporarily closing it to new users.
February 27 -
The Internal Revenue Service issued a notice granting an administrative exemption from the electronic filing requirements for the Annual Withholding Tax Return for U.S. Source Income of Foreign Persons.
February 27 -
The Public Company Accounting Oversight Board is proposing a new rule to prevent auditing firms from making false or misleading statements about being registered or overseen by the PCAOB.
February 27 -
The Regional Leader has added a firm that offers financial guidance to businesses and nonprofit organizations in the Atlanta area.
February 26 -
The Federal Trade Commission filed a complaint against tax prep giant H&R Block accusing the company of deceptively marketing "free" online tax filing.
February 26 -
The Internal Revenue Service issued a FAQ on a program that offers help to farmers, ranchers and forest landowners who experienced discrimination by the USDA in farm lending.
February 23 -
It's not just the 150-hour rule for obtaining a CPA license that may be the culprit for the talent shortage, according to an academic study.
February 23 -
The changes underway in setting global taxes are leading to confusion for many countries that authorities are trying to alleviate.
February 23
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