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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In the aftermath of Donald Trumps election, the American Institute of CPAs has drawn up a list of tax reform priorities for the incoming administration.
November 22 -
When Credit Suisse AG pleaded guilty in 2014 to helping Americans cheat on their taxes, it promised to help the U.S. root out suspicious accounts. Now, U.S. investigators want to know why the Swiss bank neglected to tell them about $200 million in undeclared assets owned by an American client, according to people familiar with the matter.
November 22 -
The prospects for tax reform in an incoming Trump administration with a Republican-dominated Congress appear more likely, but thats assuming Congress will be able to get over its traditional dysfunction.
November 21 -
The Internal Revenue Service is looking for information on bitcoin users from Coinbase, one of the largest bitcoin exchanges in the U.S., as part of its efforts to uncover possible tax evasion.
November 21 -
Cloud-based tax compliance automation provider Avalara now lists its solution on the Amazon Web Services Marketplace.
November 21 -
A roundup of our favorite recent tax fraud cases.
November 17 -
The IRS has released another in its series of reminders to ensure smooth processing of 2016 returns and avoiding delay in refunds.
November 17