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 Internal Revenue Services efforts to prod taxpayers to disclose their offshore bank accounts and pay taxes on their holdings have reached the $10 billion mark and prompted over 100,000 taxpayers to come forward, the IRS said Friday.
October 21 -
The Internal Revenue Service issued an Audit Techniques Guide last month governing compliance with the tangible property repair regulations.
October 21 -
A roundup of our favorite recent tax fraud cases.
October 20 -
Intuit is helping taxpayers in Alabama after errors were uncovered in its state income tax software that led some taxpayers to inadvertently overpay or underpay their taxes.
October 20 -
A federal grand jury indicted Thursday a former special agent who worked in the Internal Revenue Services Criminal Investigation unit, charging her with filing false tax returns, theft of government money and obstructing a federal investigation.
October 20 -
For tax preparers getting ready for tax season, the environment has changed, according to Annie Schwab, tax manager at Padgett Business Services.
October 20 -
The Internal Revenue Service still has some work to do to strengthen the controls over its Electronic Authentication Process after criminals gained access to an estimated 724,000 taxpayer accounts through its online Get Transcript application last year, according to a new report.
October 20
