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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A Republican attempt to block states from enforcing new artificial intelligence rules over the next decade has drawn growing bipartisan objections, exposing tension in Washington over allowing for more unchecked AI development.
June 5
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The latest data on layoffs and growth in master's degree programs in accounting.
June 5
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Musk described the bill as a budget-busting "disgusting abomination." as Republican fiscal hawks stepped up criticism of the massive fiscal package.
June 4
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The deal that led the House to increase the maximum deduction for state and local taxes to $40,000 is not set in stone in the Senate.
June 4
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Prospects for an even more dire U.S. fiscal trajectory threaten to stoke concerns about the bill among GOP fiscal hawks.
June 4
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Senate Republican Leader John Thune has been a vocal critic of the 40% estate tax paid by the wealthiest U.S. individuals when they die.
June 4
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The Treasury Inspector General for Tax Administration's latest report to Congress includes successes and failures at the IRS.
June 4
