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 a general rule, the cost of commercial real estate improvements is recovered over a painfully long period of 39 years via straight-line depreciation only.
April 22 -
Could those Form 4868 extensions that youre filing for your clients turn tax procrastinators into prey?
April 22 -
The Tax Foundation has released a report on proposals to integrate the corporate and individual income tax codes and how they might work in the context of congressional tax reform.
April 21 -
Liberty Tax Service has developed an executive task force to examine issues within the company and take aggressive action to ensure all franchisees meet the tax prep giants standards.
April 21 -
The Internal Revenue Services expanded use of controls this tax season to identify fraudulent refund claims before accepting them into its processing system has allowed the IRS to identify approximately 35,000 fraudulent e-filed tax returns and 741 paper tax returns as of Feb. 29, 2016, according to a new government report.
April 21 -
A senior Treasury Department official in charge of international tax policy is seeing a greater role being played by the Group of 20 finance ministers in setting the agenda for tax laws around the world.
April 20 -
You survived another tax season. After three months at the grind, heres how your peers are lurching toward May.
April 20