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 lawsuit follows the announcement of the nearly $1.8 billion fund as part of an agreement to end Trump's unprecedented $10 billion lawsuit against the IRS.
May 21
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JPMorgan Chase & Co. Chief Executive Jamie Dimon criticized plans by New York's left-leaning mayor Zohran Mamdani to slap more taxes on the rich, arguing the move risks doing further damage to the city's status as a business hub.
May 21
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The Internal Revenue Service characterizes the 2026 tax filing season as a success. What do you think?
May 21
Wolters Kluwer Tax & Accounting -
Sales and use tax once sat at the back of the small business tax conversation. It now has taken a seat in the front row.
May 20
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Acting Attorney General Todd Blanche wouldn't rule out the possibility that rioters who attacked police could receive payments from a $1.8 billion taxpayer fund.
May 20
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The judge who oversaw the president's $10 billion lawsuit against the IRS questioned whether the government was being transparent about a settlement.
May 20
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Representative Mike Lawler, a key negotiator behind the temporary increase to the cap on state and local tax deductions, pushed back on efforts to expand it.
May 20
