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.
-
President Trump and his Republican allies in Congress aim to extend the expiring provisions of the Tax Cuts and Jobs Act. But they'll need to fill in a lot of details first.
March 4
-
IRS Criminal Investigation names its top 10 cases from last year, which go far beyond just tax.
March 4
-
The Institute is urging the Treasury to suspend and remove final regulations labeling some partnership related-party transactions as "transactions of interest."
March 3
-
For wealthy and ultrahigh net worth clients, the advantages often prove very attractive. But the policies carry some sophisticated planning challenges and a high cost.
March 3
-
At the same time, the Internal Revenue Service is planning to close over 100 in-person Taxpayer Assistance Centers.
March 3
-
Among 18F's many projects over the years was IRS Direct File, a free service that helps taxpayers file tax returns online.
March 3
-
President Trump's proposals to expand breaks to end taxes on tips, overtime and Social Security, once considered wishful thinking, are gaining momentum despite the costs.
March 3
