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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The governor proposed to lift the exemption on homesteaded properties to $250,000, which would fully eliminate property taxes for 60% of Floridians.
May 27
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Dangerous procedural traps; justification for change; unexpected tax exposure; and other highlights from our favorite tax bloggers.
May 26
Matters Editorial -
Even if they must refer wealth families to a tax professional for a generation-skipping or dynasty trust, financial advisors can play a valuable role.
May 26
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The Internal Revenue Service received approximately $3.2 billion in unidentified payments from fiscal years 2022 through 2024.
May 26
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Trump said Democratic policies on crime and taxes were leading to an exodus of businesses and taxpayers from New York, as he touted his tax cuts.
May 26
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Democrats on the Senate Finance Committee called on chairman Mike Crapo to launch a bipartisan probe into the Justice Department's new weaponization fund.
May 26
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IRS impersonation; Lootland; conduit scheme; and other highlights of recent tax cases.
May 21
