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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TaxAct has introduced online Form 990 software that allows tax-exempt organizations to file their information returns with the Internal Revenue Service.
March 23 -
The Internal Revenue Service is offering up to $10,000 to the winner of a new competition to make its online tax information more understandable to taxpayers.
March 23 -
Close to half of U.S. investors assess their broader wealth and financial situation during tax season, according to a new survey.
March 23 -
The American Institute of CPAs has written to the Internal Revenue Service recommending some changes in the IRSs proposed regulations for country-by-country reporting by multinational corporations of financial information to curb tax avoidance.
March 22 -
The odds of being criminally prosecuted by the Internal Revenue Service have fallen as a result of budget cuts at the hands of Congress, decreasing from 13.3 per million population in fiscal year 2013 to 9.2 per million in FY 2015, according to new research.
March 22 -
As tax professionals, were used to seeing a myriad of changes to the tax code every year. We spend hours familiarizing ourselves with the details so were prepared to advise our clients in the New Year.
March 22 -
The Internal Revenue Service has released the Top 10 Identity Theft Prosecutions for Fiscal Year 2015 to highlights its efforts to combat tax refund fraud and identity theft.
March 21