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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Employers say the Affordable Care Act is driving the costs of their medical plans higher, according to a new survey by accounting firm Cherry Bekaerts benefits consulting unit.
By Michael CohnJuly 21 -
Commentary: In todays ubiquitous social media environment, employers face tremendous risks when utilizing social media as part of the hiring process. Even the most stringent recruitment process can become infiltrated with discriminatory practices, whether its intentional or not. Human resources professionals continue to struggle with this.
By Michael CohnJuly 17 -
The IRS has issued final regulations clarifying tax credits for small employers offering coverage to their employees through the SHOP exchange.
By Michael CohnJuly 1 -
Only a little over half of small businesses understand and are prepared for the changes required by the Affordable Care Act, according to a new survey.
By Michael CohnApril 24 -
A new study shows that people in the workplace have a greater sense of urgency around improving their finances, with 23% reporting high or overwhelming financial stress in 2013 compared to 18% in 2012.
By Michael CohnApril 22 -
Some locations of the Planet Fitness health club chain have begun charging some of their members a portion of the indoor tanning services tax mandated by the Affordable Care Act, whether or not they use the tanning services.
By Michael CohnFebruary 12 -
Changes in the implementation of the Affordable Care Act could pose a challenge for the Internal Revenue Service's customer service, according to a new government report.
By Michael CohnFebruary 3 -
The plaintiffs who lost a recent lawsuit trying to prevent the federal government from providing tax credits to purchase health insurance on federal exchanges have filed for an expedited appeal in the case.
By Michael CohnJanuary 21 -
A federal district court judge has ruled in favor of the federal government in a lawsuit that claimed the Internal Revenue Service did not have the authority under the Affordable Care Act to write rules providing tax credits to individuals purchasing health insurance on the health insurance exchange set up by the federal government.
By Michael CohnJanuary 15 -
The guidance in Notice 2013-74 relates to the expansion of such rollovers under the American Taxpayer Relief Act of 2012, which settled the expiring tax breaks as part of the fiscal cliff deal around the New Year.
By Michael CohnDecember 18 -
The Internal Revenue Service has issued guidance on the application of rules in the Tax Code relating to health savings accounts and flexible spending accounts to same-sex couples in the aftermath of the Supreme Courts landmark decision earlier this year striking down the Defense of Marriage Act.
By Michael CohnDecember 18 -
The survey found that two out of three Millennials expect to retire by the age of 65, although nearly 70% have not started planning or saving for retirement.
By Michael CohnJuly 10 -
The Fidelity Investments findings show that average balances in small business retirement savings plans increased 20% since 2007, and jumped an average of 64% over 2008 when balances were generally at their lowest point.
By Michael CohnMay 7 -
The Internal Revenue Service releases a long-awaited set of rules for correcting employee retirement plans that fail to meet the requirements of the Tax Code.
By Michael CohnFebruary 1 -
A plan sponsor may use the Voluntary Correction Program to correct a failure to timely adopt a written 403(b) plan; plan sponsors should mail their submissions to the IRS Service Center in Covington, Ky.
By Michael CohnJanuary 15 -
New research from Mintel shows it may be too late for older women to save enough to retire comfortably.
By Michael CohnNovember 29 -
The American Institute of CPAs has sent a letter to members of the House Financial Services Committee supporting a bill aimed at narrowing the definition of municipal advisor, without weakening investor protections.
By Michael CohnSeptember 13 -
More than a third of retirement plan participants admitted that they either guessed or made up their estimates for how much income they would need in retirement, according to a new survey, while only 30% said they consulted with a professional for help in setting their goals.
By Michael CohnAugust 9 -
More Americans are feeling optimistic about their retirement savings, according to a new survey.
By Michael CohnMarch 22 -
Many small business owners are unprepared for retirement, with a third of the women and a quarter of the men in a new survey having no estimate of how much they will need when they retire.
By Michael CohnMarch 6