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 Service is recommending tax professionals monitor their Preparer Tax Identification Numbers for signs of suspicious activity.
August 10 -
The Internal Revenue Service has issued a revenue procedure saying a charitable remainder annuity trust that includes a sample provision in its governing agreement wont be subject to a test that could disqualify it.
August 9 -
When Donald Trump first rolled out his tax plan last October, it contained a major boon for the middle-classa near quadrupling of the standard income-tax deduction, to $25,000 for individuals and $50,000 for couples filing jointly.
August 9 -
Thomson Reuters has added content to its Checkpoint Catalyst tax and accounting research service on passive foreign investment companies and sales and use tax exemptions for manufacturers.
August 9 -
Donald Trump has cast himself as the establishments worst nightmare, but his new economic plan borrows heavily from the traditional Republican playbook in seeking to return the U.S. economy to the pre-crisis days of headier growth.
August 8 -
With the start of school just around the corner, taxpayers should be aware of the following tax breaks and deductions available for qualifying expenses, according to the audit defense service TaxAudit.com.
August 8
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Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
August 5
