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 Internal Revenue Service is beginning the next round of its battle against tax-related identity theft by debuting a public awareness campaign to persuade more taxpayers to safeguard their personal information, in conjunction with tax preparation companies and state tax authorities.
November 19 -
The U.S. Treasury Department plans to release additional guidance this week aimed at deterring corporate inversions, though it cant stop such tax-avoidance moves without new authority from Congress, Secretary Jacob J. Lew said.
November 19 -
Many accountants and valuation experts are anxiously attempting to predict the contents of the revised Section 2704 regulations from the IRS on the valuation of family limited partnerships and other family-controlled entities.
November 18 -
Sales and use tax rates increased slightly across the country in the third quarter of the year, according to a new report.
November 18 -
World leaders threw their weight behind a set of tax reforms for multinational corporations during a meeting in Turkey this week, endorsing the Organization for Economic Cooperation and Developments Base Erosion and Profit Shifting, or BEPS, action plan.
November 17 -
A roundup of our favorite recent tax fraud cases.
November 15 -
Our weekly roundup of tax-related investment strategies and news your clients may be thinking about.
November 14