Tax
Tax News & IRS Insights for Accounting Professionals
Accounting Today delivers news and analysis for accounting and tax professionals on federal and state tax developments, IRS guidance,information reporting, and operational implications for practices and clients. Our coverage focuses on legislative and procedural shifts that tax practitioners must monitor in planning, compliance, and advisory contexts.
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$24,000 in EITC due diligence fines and other highlights from our favorite recent tax fraud cases.
January 26 -
Changing national demographics may be producing a new kind of dependent: parents and adult children of middle-aged taxpayers, according to the National Association of Enrolled Agents.
January 26 -
The Internal Revenue Service, along with state tax authorities and the tax preparation industry, are cautioning businesses to beware of an email phishing scam using a corporate officer’s name asking for employee W-2 forms from payroll and human resources departments at companies.
January 26 -
A Montana federal court has authorized the Internal Revenue Service to serve a summons on a Montana man on the use of offshore accounts in Panama tied to debit cards.
January 26 -
House Ways and Committee chairman Kevin Brady—fresh from a public-relations blitz aimed at selling a controversial plan for taxing U.S. businesses’ domestic sales and imports—now has to persuade his fellow Republicans in Congress.
January 26 -
Even though their income level may not require them to file, taxpayers with disabilities may still qualify for the credit, the tax service says.
January 26 -
For many years, corporate accounting professionals have been taking advantage of cost segregation studies to provide significant tax benefits for their businesses by accelerating the depreciation on qualified fixed assets.
January 25
Duff & Phelps







