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 preparation is a very serious undertaking that needs to be managed and continuously improved.
February 22 -
Google saved $2.4 billion in worldwide taxes in 2014 by shifting 10.7 billion euros ($12 billion) in international revenues to a Bermuda shell company, Alphabet Inc., the parent of the Web-search provider, regulatory filings show.
February 22 -
The annual battle of tax preparers is nasty, brutish, and short. TurboTax, which dominates online filing, and H&R Block Inc., with 10,000 U.S. locations, have three months to win over taxpayers before this year's April 18 deadline.
February 22 -
A roundup of our favorite recent tax fraud cases.
February 20 -
Highlights of some of our favorite tax-related blogs from the past week.
February 20 -
The Internal Revenue Service has been unable to get control of rampant identity theft this tax season, despite high-profile efforts to confront the problem with the help of private industry.
February 19
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Presidential candidate Ted Cruzs tax proposals, which include cutting taxes for most individuals and replacing the corporate income tax with a flat 16 percent business tax, would reduce federal revenue by $8.6 trillion over a decade and almost surely depress the economy over the long run, according to a policy study and its authors.
February 19
