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 state tax arena is filled with variation, complexity, confusion and ambiguity, which has major implications for U.S. corporations, according to findings from Bloomberg BNAs 2016 Survey of State Tax Departments, conducted for the 16th consecutive year.
April 25 -
The Internal Revenue Service has released final regulations providing guidance to private foundations on program-related investments.
April 25 -
Some of our favorite recent tax fraud cases.
April 24 -
Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
April 22 -
Last week the Tax Court, in a case of first impression, ruled that payments made by a decedent through a trust to pay premiums on life insurance policies obtained to fund buy-sell agreements should not be regarded as loans still owed to her estate.
April 22 -
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
