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 unemployment rate increased two-tenths of a point to 3.9% and the BLS revised downward the job numbers for December and January, indicating some softening in the labor market.
By Michael CohnMarch 8 -
President Joe Biden proposed tax increases on the wealthy and large corporations, along with some new tax credits, in his State of the Union address on Thursday night.
By Michael CohnMarch 8 -
New York State and the Internal Revenue Service have developed a new program that allows eligible New Yorkers to e-file their federal and state personal income tax returns for free.
By Michael CohnMarch 7 -
The Committee of Sponsoring Organizations of the Treadway Commission, also known as COSO, is working with the National Association of Corporate Directors on developing a corporate governance framework.
By Michael CohnMarch 7 -
A divided Securities and Exchange Commission approved a new rule to require companies to provide climate-related disclosures, but scaled back the original proposal.
By Michael CohnMarch 6 -
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.
By Michael CohnMarch 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.
By Michael CohnMarch 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.
By Michael CohnMarch 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.
By Michael CohnMarch 4 -
Jackson Thornton acquired MST CPAs & Advisors; and HHM CPAs merged in Bizzell, Neff & Galloway.
By Michael CohnMarch 4