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 bill would claw back $20.2 billion in spending for the IRS passed as part of President Joe Biden's signature green-energy Inflation Reduction Act.
March 10
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The American Institute of CPAs is monitoring the situation at the IRS amid reports of heavy layoffs, stressing the need to maintain services during tax season.
March 7
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Everyone knows tax pros don't make mistakes, but it can't hurt to doublecheck for these mistakes before filing.
March 7
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Tax pros' worries about the impact of Elon Musk's Department of Government Efficiency on the Internal Revenue Service include increased fraud and filing delays.
March 7
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Custom-made; alter ego trip; super Genius; and other highlights of recent tax cases.
March 6
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CPA business executives' outlook on the U.S. economy appears to be dimming, thanks to inflation and growing worry over tariffs, says a AICPA & CIMA survey.
March 6 -
Ukraine, Iraq, Haiti and Bangladesh have been added to the Internal Revenue Service's list for tax year 2024.
March 6
