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 National Society of Accountants has released some suggested year-end tax tips for individuals, courtesy of Wolters Kluwer Tax & Accounting US.
November 30 -
The Internal Revenue Service has been developing a new system to detect fraudulent tax returns to replace an outdated system, but has not been able to phase out the old system, which could cost taxpayers an estimated $18 million per year to run both systems, according to a new report.
November 25 -
Deutsche Bank AGs Swiss unit agreed to pay $31 million to receive a non-prosecution agreement in a U.S. probe of banks in Switzerland that helped Americans evade taxes.
November 25 -
Highlights of some of our favorite tax-related blogs from the past week.
November 24 -
Wolters Kluwer Tax & Accounting US has produced an infographic showing the states with the top 10 highest and lowest sales taxes, just in time for Black Friday and the kickoff of the holiday shopping season.
November 24 -
The Internal Revenue Service sent out an alert Tuesday warning tax preparers about an phishing email message purporting to ask them to update their IRS e-Services information.
November 24 -
Ireland is about to get a new biggest company, and its only a little smaller than the nations entire economy.
November 23