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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American Citizens Abroad has created a U.S. Tax Return Preparers Directory that focuses on tax preparers who have experience with the international tax issues faced by U.S. expatriates.
By Michael CohnJune 5 -
Thomson Reuters has released a special report on the newly issued accounting standard on revenue recognition from the Financial Accounting Standards Board and the International Accounting Standards Board.
By Michael CohnJune 5 -
Employers added 179,000 jobs in the private sector in May, according to payroll giant ADP, although the pace of job growth slowed somewhat from April.
By Michael CohnJune 5 -
The Public Company Accounting Oversight Board is continuing to find a high degree of problems in audits of broker-dealers, despite some improvements, according to PCAOB member Jeanette Franzel.
By Michael CohnJune 4 -
ALPFA, formerly known as the Association of Latino Professionals in Finance and Accounting, has named Charles P. Garcia as its new CEO, succeeding longtime CEO Manny Espinoza.
By Michael CohnJune 3 -
The Internal Revenue Service is considering expanding a program under which it delays tax refunds for up to six months for delinquent taxpayers.
By Michael CohnJune 3 -
The Financial Accounting Standards Board and the International Accounting Standards Board officially announced the formation Tuesday of a Joint Transition Resource Group for Revenue Recognition.
By Michael CohnJune 3 -
Grant Thonton LLPs Partnership Board named J. Michael (Mike) McGuire, 55, as the firms CEO-elect on Monday, succeeding Stephen Chipman on Jan. 1, 2015.
By Michael CohnJune 2 -
Some of the major accounting firms and the American Institute of CPAs are planning to publish materials to help accountants and companies deal with the new revenue recognition standards.
By Michael CohnJune 2 -
The Internal Revenue Service has introduced an online tool that will allow users to check on whether a foreign financial institution has registered for the Foreign Account Tax Compliance Act, or FATCA.
By Michael CohnJune 2 -
Public companies have begun filing their first set of reports on so-called conflict minerals with the Securities and Exchange Commission to meet a deadline Monday, but advocacy groups are finding the reports are not providing much information so far.
By Michael CohnJune 2 -
U.S. taxpayers have sharply contrasting opinions on the fairness of the various taxes they are forced to pay, according to a new survey.
By Michael CohnJune 2 -
CPA firms are advising clients to begin to get ready for the newly released revenue recognition standards, even though they wont be taking effect until 2017.
By Michael CohnMay 30 -
Changes in the proposed lease accounting standards that the Financial Accounting Standards Board and the International Accounting Standards Board are working to converge are expected to have an impact on approximately half of public companies, but less than 10 percent will see a major impact, according to new research by the IASB.
By Michael CohnMay 30 -
Six former Internal Revenue Service employees have pleaded guilty to receiving unemployment benefits while they worked at the agency.
By Michael CohnMay 30 -
The push for a corporate tax holiday to encourage repatriation of an estimated $2.1 trillion in foreign profits seems to have gained traction again, thanks to a recent proposal from former President Bill Clinton, but such an idea could provide multinational companies with the incentive for earnings manipulation, according to a new study.
By Michael CohnMay 29 -
The IRS has issued a pair of one-page electronic publications containing information for individuals and families about the Affordable Care Act.
By Michael CohnMay 29 -
Camico, a major liability insurance provider for CPA firms, said Thursday it had posted its fourth consecutive year of gains in 2013, earning net income of $1.2 million and a policyholders surplus of $38.5 million, up from $38.2 million in 2012.
By Michael CohnMay 29 -
Employers owed the Internal Revenue Service approximately $14.1 billion in delinquent Social Security, Medicare and individual federal income taxes that they had withheld from employee paychecks as of June 30, 2012, and the Internal Revenue Service is being urged to do more to assess penalties against them.
By Michael CohnMay 29 -
Public companies are confronting significant new compliance challenges from a combination of Sarbanes-Oxley requirements, Public Company Accounting Oversight Board inspections of their auditing firms, and COSOs new internal control framework, according to a new survey.
By Michael CohnMay 29