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 Internal Revenue Service has issued a notice in anticipation of the ABLE tax-free savings accounts that disabled Americans will soon have the ability to set up to cover expenses such as education, housing and transportation.
March 10 -
The Senate has re-introduced a bipartisan bill aimed at making it easier for states to collect sales taxes on online purchases.
March 10 -
Criminal prosecutions by the Internal Revenue Service appear to be timed to coincide with tax season, according to a new analysis.
March 10 -
Tax season isn't supposed to be fun. But if your civic duty feels extra unpleasant this year, you're not imagining things. Here are four reasons this tax season really is the worst:
March 10 -
Intuit Inc., maker of tax-preparation software TurboTax, said that it has received information requests from the U.S. government following its decision to temporarily halt state tax filing due to fraudulent activity.
March 9 -
I have been very fortunate to have really nice clients that I liked working with and for, but I have had some clunkers.
March 9 -
A majority of Americans continue to be concerned about the privacy and safety of their personal and financial data when filing their tax returns online.
March 9