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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Tax Freedom Day, the day when the nation as a whole has earned enough to pay the federal, state, and local tax bill for year, will arrive 114 days into the year on April 24, according to an annual report from the Tax Foundation.
April 6 -
The Internal Revenue Service warned taxpayers about a new phishing scam targeting Washington, D.C., Maryland and Virginia residents.
April 6 -
A lot of Americans feel like they're getting cheated at tax time. In a Pew Research Center poll last year, 61 percent said it bothered them "a lot" that "some wealthy people don't pay their fair share."
April 6 -
CPAs can claim a free smoothie named, appropriately enough, The CPA, from the Banana Smoothies & Frozen Yogurt chain on April 17 and 18 for surviving another tax season.
April 5
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A former U.S. Tax Court judge and her husband have been indicted for conspiracy to commit tax evasion and obstruction of an Internal Revenue Service audit.
April 5 -
Panama and the U.S. have at least one thing in common: Neither has agreed to new international standards to make it harder for tax evaders and money launderers to hide their money.
April 5 -
Banks that deal with international tax reporting are facing a slew of upcoming deadlines and regulations.
April 4
