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 Clinton Foundation is reportedly planning to re-file five years worth of tax returns after questions arose over donations by foreign governments to the charitable foundation run by Bill, Hillary and Chelsea Clinton.
April 24 -
Bankrupt ex-billionaire Samuel Wyly told a judge its too soon for regulators to fret over what hell do with as much as $50 million from the planned sale of his familys Colorado ranch, the site of six custom-built mansions.
April 24 -
Ontarios government is ending tax breaks to film producers and other businesses as it looks to double savings to meet its target for a balanced budget in two years.
April 24 -
Highlights of some of our favorite tax-related blogs from the past week.
April 23 -
The House Ways and Means Committee released a new report Wednesday on the Internal Revenue Services declining level of customer service during the 2015 tax-filing season, blaming the IRS for diverting funds away from taxpayer service to finance other priorities such as implementation of the Affordable Care Act.
April 22 -
The National Taxpayer Advocate has recommended that the reporting rules under the Foreign Account Tax Compliance Act and for Foreign Bank Account Reports in effect be merged to simplify the duplicative disclosure requirements that make it difficult for American expatriates to have bank accounts in the foreign countries where they live.
April 21
