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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New York Citys Department of Consumer Affairs wants to expand interest in free tax preparation services, particularly for low-income New Yorkers who qualify for the Earned Income Tax Credit, by redesigning the sites where they can get Volunteer Income Tax Assistance.
March 13 -
A majority of small businesses are happy with their accountants, but feel they pay too much in taxes, even though theyre not sure their accountants can do much to reduce their tax liability, according to a new survey.
March 12 -
Tax reform, if it happens in the next two years, will occur in incremental steps rather than as a comprehensive package.
March 12 -
The Senate Finance Committee heard testimony Thursday about the increasing prevalence of tax scams and identity theft, with senior citizens finding themselves especially vulnerable to callers impersonating Internal Revenue Service employees.
March 12 -
The most popular way Americans will use their tax refunds is to pay down their debt, according to a new survey.
March 12 -
Each New Year brings with it issues and regulationsboth new and revisitedthat cause accountants and their small business clients to scramble in order to remain compliant with the law.
March 11 -
A married couple who are partners in a Louisiana tax preparation service are also allegedly partners in crime, according to prosecutors.
March 11
