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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Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
May 8 -
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Mid-market corporations in the U.S. could lose up to $1 trillion in equity value if the ability to deduct interest expenses is eliminated, according to a new study.
May 6 -
A company called MorphoTrust USA plans to use selfies next tax season to help taxpayers avoid the risk of losing their tax refunds to identity thieves.
May 6
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Grant Thornton LLP has launched Grant Thornton Fixed Asset Services, combining its tax know-how with Bloomberg BNAs fixed assets cloud-based software.
May 6 -
President Barack Obama said Congress should pass legislation to rebuild U.S. infrastructure, raise the minimum wage and crack down on money laundering and tax evasion, after his administration released a plan to make it harder for people to hide money in the U.S.
May 6 -
The Obama administration renewed its push Thursday to make it harder for people to hide money in the U.S., jumping on momentum created by the release of leaked Panama legal documents to pressure Congress on proposals that have been languishing for years.
May 6
