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 Internal Revenue Service issued its annual inflation adjustments for tax year 2025, including changes in the standard deduction, marginal rates, tax credits and more.
October 22 -
The American Institute of CPAs teamed up with the National Association of State Auditors, Comptrollers and Treasurers on a joint report calling attention to the urgent need for accountants in state and local governments.
October 21 -
The Financial Accounting Standards Board has decided to tweak some of its standards related to contract assets and liabilities for construction contractors.
October 21 -
The International Public Sector Accounting Standards Board issued its updated five-year strategy and work program.
October 21 -
Ernst & Young is leveraging its $1 billion investment in talent and technology to expand the use of artificial intelligence and machine learning
October 16 -
The Allinial Global president and CEO will be succeeding longtime chief Barry Melancon, who is retiring at the end of this year.
October 16 -
The IRS and the Treasury proposed regs on the corporate alternative minimum tax on companies with over $1 billion in income, but those rules could impact much smaller companies as well.
October 15 -
The American Institute of CPAs sent a comment letter to the Treasury Department and the Internal Revenue Service objecting to guidance on basis-shifting involving partnerships and related parties.
October 15 -
The gap between taxes owed and paid increased to $696 billion in tax year 2022.
October 10 -
The Governmental Accounting Standards Board is considering changes in the financial reporting rules for infrastructure assets and is looking for feedback.
October 10
