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.
-
As the expiration of key Tax Cuts and Jobs Act provisions looms, tax pros are preparing for what could be another period of upheaval.
March 28
Bloomberg Tax & Accounting -
Shipowners and charterers are altering leasing contracts to cope with the multimillion-dollar port fees expected to be imposed by the Trump administration.
March 28
-
Fiscal conservatives in the party want steep spending cuts to help offset the multitrillion-dollar tax-cut package.
March 28
-
Nothing but the tooth; an offer she can't refuse; patterns of filing; and other highlights of recent tax cases.
March 27
-
Suzan DelBene, D-Washington, and Terri Sewell, D-Alabama, introduced legislation to prevent Trump from reassigning IRS investigators to immigration enforcement.
March 27
-
In a late night Truth Social post, Trump said large-scale tariffs "far larger than currently planned" would be placed on them in such a scenario.
March 27
-
The Criminal Investigation unit of the Internal Revenue Service launched 2,039 tax and money laundering cases related to COVID fraud over the past five years.
March 26
