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 Treasury Department released interim guidance on the corporate AMT, further restricting the reach of the 15% tax on billion-dollar corporations.
February 18
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The Financial Accounting Standards Board's recent income tax disclosure standard is revealing that many prominent U.S. multinationals are paying far more corporate taxes in other countries than at home, according to a new analysis.
February 18
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While most taxpayers tend to procrastinate on doing their taxes, they're even more hesitant to trust artificial intelligence to do their taxes for them.
February 18
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New York City Mayor Zohran Mamdani has thrown down an ultimatum, threatening to raise property taxes by nearly 10%.
February 18
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New York City Mayor Zohran Mamdani is proposing raising New York City's property taxes for the first time in more than two decades.
February 17
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Taxpayers on average collected $2,290 in refunds through Feb. 6, according to IRS data.
February 17
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SyntheticFi co-founder Joseph Wang says his firm's investment and trading technology makes an options strategy long embraced by hedge funds more accessible to advisors and their clients.
February 17
