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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President Trump has removed Billy Long as commissioner of the Internal Revenue Service in the latest sign of turmoil at the embattled agency.
August 8 -
The One Big Beautiful Bill Act is sparking questions among employees and payroll departments about how to handle tax breaks such as overtime pay.
August 8 -
The Internal Revenue Service won't be changing information returns and withholding tables for 2025 for the OBBA, but changes are coming next year.
August 7 -
The expansion of the Qualified Small Business Stock program in the One Big Beautiful Bill Act makes a powerful tax-saving strategy even more enticing.
August 7 -
The Top 50 Firm is merging in a firm based in Albany, effective Sept. 8.
August 7 -
The institute sent a letter to officials at the Treasury and the IRS asking for immediate guidance on a provision of the One Big Beautiful Bill Act for deducting R&D costs.
August 6 -
Under the new law, issuers with more than $50 billion in stablecoins outstanding would be required to submit audited annual financial statements.
August 6 -
The deal adds a Massachusetts firm that specializes in providing outsourced accounting solutions to small federal government contractors and grantees.
August 6 -
Platform Accounting adds AWG Wine Advisors; Earned acquires Schwartz & Schwartz; Prosperity Partners acquires Pipaya; and Gail Rosen joins RRBB.
August 5 -
Wipfli's infusion of private equity funding from New Mountain Capital promises to help the firm expand, while still retaining the partners' control over the firm.
August 4
