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 posted a fact sheet Friday on tax credits for renewable energy projects under the Inflation Reduction Act.
By Michael CohnJune 30 -
Global corporations are hoping to fend off requirements for reporting on the amount of taxes they pay in each jurisdiction, while regulators are moving forward cautiously with imposing such rules.
By Michael CohnJune 29 -
The Internal Revenue Service provided transitional guidance on the 1% excise tax on corporate share repurchases that was part of last year's Inflation Reduction Act.
By Michael CohnJune 29 -
The Association of International Certified Professional Accountants released an updated set of global guidelines for management accountants.
By Michael CohnJune 29 -
Part of the point of the follow-up mailing is to clear up any confusion that may have arisen from an earlier mailing.
By Michael CohnJune 28 -
A pair of senators are reintroducing bipartisan legislation to eliminate gender-specific spousal references in the Tax Code and protect LGBTQ+ Americans from discrimination.
By Michael CohnJune 28 -
The U.S. Small Business Administration disbursed up to $200 billion in potentially fraudulent EIDL and PPP funds, but that amount was disputed in a separate report by the SBA itself.
By Michael CohnJune 28 -
Organizations are not making a priority of examining their corporate culture, although some internal auditors are doing that to deter corporate malfeasance, according to a new report.
By Michael CohnJune 27 -
The board proposed an update to improve the accounting for purchased financial assets, including those acquired in a business combination.
By Michael CohnJune 27 -
The Top 10 Firm is becoming a professional service corporation instead of a partnership in July, a move that could have a major impact on the finances of its partners and employees.
By Michael CohnJune 27