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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One out of three small businesses reported spending more than 80 hours per year and more than one-quarter spend over $10,000 annually on complying with their federal tax obligations, according to a new survey by the National Small Business Association.
April 9 -
Highlights of some of our favorite tax-related blogs from the past week.
April 9 -
The Internal Revenue Service is seeing some success in its fight against identity theft and tax fraud despite successive rounds of budget cuts.
April 8 -
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The Internal Revenue Service opened 19 percent fewer criminal investigations in fiscal 2014 than in the previous year, reflecting a decrease in budget and staffing, according to the agency.
April 7 -
Frustrated taxpayers are encountering ever longer wait times on phones when seeking assistance from the Internal Revenue Service as tax season draws to a close, according to the head of the union representing IRS employees.
April 6 -
Taxpayers who make cash contributions on or before April 15 to charities providing relief for the families of two slain New York police officers can receive an immediate tax benefit.
April 6
