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 roundup of our favorite recent tax fraud cases.
July 10 -
Many of the highest average state and local sales tax rates are found in the Southeast, according to a midyear report from the Tax Foundation.
July 8 -
Yes, its summer, but that doesnt mean its time to forget about your clients, or ease up on your plans to attract new ones.
July 8 -
Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
July 8 -
Highlights of some of our favorite tax-related blogs from the past week.
July 8 -
Social media giant Facebook is being investigated by the Internal Revenue Service over the value of intangible property it transferred to a unit in Ireland, according to published reports.
July 7 -
The AICPA drafted a new comment letter to the U.S. Department of the Treasury and the IRS today, calling for a delay in the effective date of Internal Revenue Code Section 385 proposed regulations (REG-108060-15), which relates to the treatment of certain interests in corporations as stock or debt for federal tax purposes. The AICPA also urged that exceptions to the proposed regulations be provided as part of its numerous technical comments and recommendations.
July 7
