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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Given that tax prep businesses, like all businesses that depend on repeat customers, lose a portion of their client base each year, it is imperative they market themselves and attract new clients just to stay even.
January 28 -
The Internal Revenue Service needs to do more work to refine its latest fraud detection system to catch the new schemes that its older system managed to detect, according to a government report.
January 28 -
After three years and $1.37 billion in penalties, the U.S. is ending a disclosure program that forced Swiss banks to reveal all the secret ways they helped Americans evade taxes.
January 28 -
Highlights of some of our favorite tax-related blogs from the past week.
January 28 -
European Union competition chief Margrethe Vestager said Thursday morning shes ready to investigate Google parent Alphabet Inc.s 130 million-pound ($185.5 million) tax deal with the U.K. if there are complaints. It didnt take long for the first to surface.
January 28 -
Samuel Wylys lawyer, fighting a $2.2 billion claim by the Internal Revenue Service, told a skeptical judge that his clients tax planning was aggressive but not illegal.
January 28 -
Companies shouldnt be able to get away with paying very low taxesor none at allin countries where they earn profits, EU Economic Affairs and Tax Commissioner Pierre Moscovici said as he introduced a package of proposals designed to curb tax evasion.
January 28
