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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Want to free up more time this busy season? You could stop showering. Or ban March Madness? But what about something more effective and less offensive, like eliminating dozens of back and forth emails by implementing meeting scheduler software?
February 23 -
A former New York tax preparer was sentenced to nine years in prison for filing thousands of fraudulent tax returns using the stolen identities of minors.
February 23 -
The Treasury Department has issued a newly revised U.S. Model Income Tax Convention to provide the baseline text it will use when negotiating tax treaties with other countries. It was last updated in 2006.
February 22 -
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
