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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Most companies are providing some disclosures about their sustainability efforts, but not as many are getting assurance on their numbers from auditing firms.
By Michael CohnFebruary 22 -
The Internal Revenue Service's Direct File pilot program has expanded beyond internal testing of its free tax prep system to taxpayers in a dozen states.
By Michael CohnFebruary 22 -
The report casts a skeptical eye on the PPLI industry, claiming it functions as a tax shelter for a few thousand millionaires and billionaires.
By Michael CohnFebruary 21 -
The Public Company Accounting Oversight Board levied a $2 million fine against WithumSmith+Brown for violating quality control rules.
By Michael CohnFebruary 21 -
The Internal Revenue Service will be scrutinizing the use of corporate jets, focusing on big corporations and partnerships, as well as high-income taxpayers.
By Michael CohnFebruary 21 -
The Public Company Accounting Oversight Board levied sanctions and penalties against four auditing firms as part of a sweep.
By Michael CohnFebruary 20 -
The Internal Revenue Service's Criminal Investigation unit has been investigating bogus claims for the Employee Retention Credit and educating tax pros about the problems they can encounter.
By Michael CohnFebruary 20 -
The Georgia-based firm is expanding to South Carolina in its first M&A deal since 1978.
By Michael CohnFebruary 20 -
The Internal Revenue Service would be able to implement changes to the Child Tax Credit within weeks, IRS Commissioner Danny Werfel told Congress, and send out tax refunds promptly.
By Michael CohnFebruary 16 -
The International Ethics Standards Board for Accountants has proposed new rules to help auditors steer companies away from greenwashing.
By Michael CohnFebruary 14 -
PKF O'Connor Davies adds SuárezBaldomero; Mowery & Schoenfeld merged in Hochfelder & Weber; and Davies acquired Matson, Driscoll & Damico.
By Michael CohnFebruary 14 -
The legislation is still tied up in the Senate, as senators seek changes in some of the provisions, such as the expanded Child Tax Credit.
By Michael CohnFebruary 12 -
Hundreds of Internal Revenue Service employees and contractors continued to have access to at least one sensitive IRS computer system even after they stopped working there.
By Michael CohnFebruary 12 -
Ascend added HD Davis and PP&Co., while Springline Advisory invested in BGBC Partners.
By Michael CohnFebruary 12 -
The Internal Revenue Service revised its frequently asked questions page on the Premium Tax Credit used for buying health insurance through the ACA marketplaces.
By Michael CohnFebruary 9 -
The 150-hour requirement for obtaining a CPA license has led to a decline in Black and Latino CPAs of up to 26%, according to a research study.
By Michael CohnFebruary 9 -
The American Institute of CPAs sent letters to the Treasury and the IRS asking for filing relief for taxpayers affected by major disasters and for more guidance on information returns for grantor trusts.
By Michael CohnFebruary 9 -
The international network's revenue reached $5.2 billion for the fiscal year ended Dec. 31, 2023.
By Michael CohnFebruary 8 -
The Internal Revenue Service issued a warning about a new scam email this tax season pretending to come from tax software providers asking for the preparer's Electronic Filing Identification Number.
By Michael CohnFebruary 8 -
The Internal Revenue Service's Direct File free tax system has passed a key hurdle in the pilot test, passing muster with a dozen IRS employees successfully filing returns in as many states.
By Michael CohnFebruary 8

















