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 IRS failed to follow its own procedures when terminating thousands of probationary employees or consider their individual performance.
August 19 -
The Top 10 Firm based in Chicago plans to acquire a Boston-based strategy consulting firm that specializes in services for private equity firms.
August 19 -
The Internal Revenue Service is preparing to open the 2026 Compliance Assurance Process program application period for public companies with at least $10 million in assets.
August 18 -
The Internal Revenue Service is disputing claims that spread on social media last week about $1,390 stimulus checks being mailed to taxpayers.
August 18 -
The deal bolsters FMS's position in delivering managed accounting services to independent restaurants and food retail businesses.
August 18 -
A federal appeals court has ruled unconstitutional a provision of a Maryland law that prevents companies from displaying a digital ad tax charge on a bill.
August 15 -
The Internal Revenue Service didn't do enough to verify the identity of callers to its Practitioner Priority Service and Business Specialty Tax phone lines.
August 15 -
The Internal Revenue Service has acknowledged in a court filing that it is now sharing taxpayer data with Immigration and Customs Enforcement.
August 15 -
The International Auditing and Assurance Standards Board posted new documents to help jurisdictions implement its recent standard on sustainability assurance.
August 14 -
The Top 75 Firm based in Parsippany, New Jersey, plans to buy MNK in Florham Park, New Jersey, effective Nov. 15, 2025.
August 14 -
The Internal Revenue Service won't renew a $500,000 annual contract to repair the self-service kiosks after a contractor failed to keep them in working order.
August 14 -
The sprawling new tax law includes a number of provisions that present opportunities for accountants and tax professionals to discuss estate and gift planning.
August 14 -
A new study predicts the One Big Beautiful Bill Act will reduce federal taxes on average for individual taxpayers in every state, but the impact will differ.
August 13 -
The Internal Revenue Service's Criminal Investigation unit is working on a new initiative for requesting financial records from banks to track illegal activity such as money laundering.
August 13 -
The Internal Revenue Service has overhauled its technology modernization plans in response to reductions in funding and staffing under the Trump administration.
August 12 -
The Internal Revenue Service is starting to give taxpayers access to the memo from IRS Appeals Officers about why a decision was made for or against them.
August 12 -
The Internal Revenue Service needs to do more to raise awareness of the adoption tax credit and plans to conduct more outreach, according to a new report.
August 12 -
The Top 25 Firm based in New York acquired substantially all the assets of Barkin, Perren, Schwager & Dolan LLP, a firm based in Woodland Hills, California.
August 12 -
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
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