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 Excel-based calculator can help companies working on large, multiyear construction or manufacturing projects compute the interest for the contracts.
May 29 -
The Internal Revenue Service released the inflation-adjusted amounts for health savings accounts for 2027, increasing the limits from 2026.
May 29 -
The Treasury Department introduced a mobile app enabling families to access Trump accounts, the new tax-deferred accounts for children born after Jan. 1, 2025.
May 28 -
AI tax startup Black Ore hosted a series of discussions on the growing role of AI in making tax preparation and planning more efficient.
May 27 -
A new ACCA survey finds that accountants and financial professionals are interested in engaging in environmental and social issues.
May 27 -
The International Accounting Standards Board issued a new standard for businesses subject to rate regulation, such as electricity, water and gas utilities.
May 27 -
The Internal Revenue Service received approximately $3.2 billion in unidentified payments from fiscal years 2022 through 2024.
May 26 -
Centri Business Consulting plans to use a $20 million credit facility from Citizens Financial Group for acquisitions and talent.
May 26 -
A tax partner at BMSS Advisors is the new chair of the American Institute of CPAs and the Association of International Certified Professional Accountants.
May 21 -
The Securities and Exchange Commission's proposal for a semiannual reporting option has quickly provoked debate.
May 20 -
Attorneys general from 25 states and D.C. are suing the administration over rules limiting loans for graduate students in accounting and other professions.
May 20 -
The House approved legislation to make IRS collection proceedings taxpayer friendly, safeguard tax refunds and provide judicial review of tax liability claims.
May 19 -
The American Institute of CPAs expressed support for legislation limiting the reporting of U.S. businesses' beneficial ownership information to FinCEN.
May 19 -
The accounting standards update aims to improve financial accounting and disclosures about activities related to environmental credits and obligations.
May 19 -
The Securities and Exchange Commission aims to increase IPOs with changes to accelerated and non-accelerated filers and exemptions from internal control audits.
May 19 -
The Securities and Exchange Commission rescinded a policy Monday requiring defendants in settled enforcement actions not to publicly deny the SEC's allegations.
May 18 -
The Internal Revenue Service increased overtime hours and pay for its employees after extensive staffing reductions and last fall's government shutdown.
May 18 -
The Internal Revenue Service has improved its ability to flag returns for signs of identity theft, adjusting its filters to reduce false positives and spot fraud.
May 18 -
The American Institute of CPAs sent a list of nearly 200 recommendations to the Internal Revenue Service for the IRS's 2026-2027 Priority Guidance Plan.
May 15 -
The American Institute of CPAs approved a standards update to modernize how CPAs get audit evidence via external confirmation procedures.
May 14
