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 International Auditing and Assurance Standards Board and the International Ethics Standards Board for Accountants launched their sustainability standards.
January 27 -
The IRS kicked off tax season facing a hiring freeze imposed by President Trump in an executive order and uncertainty over $20 billion in budget cuts.
January 27 -
Tax prep giant H&R Block celebrated its 70th anniversary at an event Thursday in New York as it gets ready for the start of tax season on Monday.
January 24 -
The Securities and Exchange Commission has rescinded a Staff Accounting Bulletin on safeguarding cryptocurrency assets that had been criticized by the industry and even by some of its own commissioners.
January 23 -
The Supreme Court stayed an injunction on the CTA and its beneficial ownership information requirement, but it remains on hold due to a separate injunction.
January 23 -
The IRS doesn't have the authority to independently verify that recipients of Low Income Taxpayer Clinic grants are eligible to receive them.
January 23 -
The Institute is asking the Treasury and the IRS to increase the safe harbor for companies seeking to avoid determining whether the CAMT would apply to them.
January 23 -
Lawmakers in the House and Senate reintroduced bipartisan legislation to provide faster filing relief to taxpayers hit by natural disasters.
January 22 -
The Financial Accounting Standards Board released a proposed ASU containing a set of targeted improvements to the FASB Accounting Standards Codification.
January 22 -
More states are expected to simplify their sales tax laws and leverage artificial intelligence for doing tax audits, according to a new report from Avalara.
January 22 -
Republicans in the House introduced legislation to end U.S. involvement in the OECD framework, in response to a Trump executive order.
January 22 -
Carr, Riggs & Ingram, a Top 25 Firm based in Enterprise, Alabama, has added CapinCrouse, a Regional Leader based in Indianapolis, effective Jan. 17, 2025.
January 21 -
President Trump named Mark Uyeda, a Republican member of the SEC, as acting chairman as confirmation hearings await for Paul Atkins to succeed Gary Gensler.
January 21 -
Accountants and other financial professionals in the U.S. are showing more signs of confidence in the economy, but optimism is waning elsewhere.
January 21 -
KPMG US set up a subsidiary that has filed an application in Arizona to establish a law firm in the state, with hopes of going national.
January 21 -
President Trump signed a series of executive orders after his inauguration, including a hiring freeze for federal government workers, particularly at the IRS.
January 20 -
The IRS has updated and added new guidance for claiming the Energy Efficient Home Improvement Credit and the Residential Clean Energy Property Credit.
January 17 -
The International Ethics Sustainability Board for Accountants said its Global Ethics Sustainability Standards have been certified by the PIOB and IOSCO.
January 17 -
IRS Commissioner Danny Werfel announced plans Friday to resign next Monday, Jan. 20, coinciding with Inauguration Day.
January 17 -
Ohio-based Top 100 Firm GBQ Partners has expanded its presence in Cincinnati by acquiring Wirth Lowe Wissemeier CPAs.
January 16
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